BNS vs. RY, TD, BMO, FFH, KEY, BNC, BLX, SII, HUT, and PTS
Should you be buying Bank of Nova Scotia stock or one of its competitors? The main competitors of Bank of Nova Scotia include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Fairfax Financial (FFH), Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Boralex (BLX), Sprott (SII), Hut 8 (HUT), and Points.com (PTS). These companies are all part of the "banking" industry.
Bank of Nova Scotia vs.
Royal Bank of Canada (TSE:RY) and Bank of Nova Scotia (TSE:BNS) are both large-cap financial services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, dividends, community ranking, earnings, profitability, risk and institutional ownership.
Royal Bank of Canada has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500.
Royal Bank of Canada has higher revenue and earnings than Bank of Nova Scotia. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.
In the previous week, Royal Bank of Canada and Royal Bank of Canada both had 2 articles in the media. Bank of Nova Scotia's average media sentiment score of 0.24 beat Royal Bank of Canada's score of 0.09 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.
Royal Bank of Canada received 267 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. Likewise, 58.32% of users gave Royal Bank of Canada an outperform vote while only 53.79% of users gave Bank of Nova Scotia an outperform vote.
52.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 51.1% of Bank of Nova Scotia shares are owned by institutional investors. 0.0% of Bank of Nova Scotia shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Royal Bank of Canada has a net margin of 28.23% compared to Bank of Nova Scotia's net margin of 17.68%. Royal Bank of Canada's return on equity of 13.27% beat Bank of Nova Scotia's return on equity.
Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.5%. Bank of Nova Scotia pays an annual dividend of C$4.24 per share and has a dividend yield of 6.5%. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 67.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Royal Bank of Canada currently has a consensus target price of C$181.00, suggesting a potential upside of 12.49%. Bank of Nova Scotia has a consensus target price of C$76.09, suggesting a potential upside of 15.83%. Given Bank of Nova Scotia's higher possible upside, analysts clearly believe Bank of Nova Scotia is more favorable than Royal Bank of Canada.
Summary
Royal Bank of Canada beats Bank of Nova Scotia on 15 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:BNS) was last updated on 4/18/2025 by MarketBeat.com Staff
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