NA vs. TD, BMO, BNS, CM, RY, BN, MFC, IFC, SLF, and GWO
Should you be buying National Bank of Canada stock or one of its competitors? The main competitors of National Bank of Canada include Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), Brookfield (BN), Manulife Financial (MFC), Intact Financial (IFC), Sun Life Financial (SLF), and Great-West Lifeco (GWO). These companies are all part of the "financial services" sector.
National Bank of Canada (TSE:NA) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability, community ranking, risk and media sentiment.
Toronto-Dominion Bank has higher revenue and earnings than National Bank of Canada. National Bank of Canada is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.
National Bank of Canada pays an annual dividend of C$4.24 per share and has a dividend yield of 3.7%. Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.4%. National Bank of Canada pays out 44.6% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 69.4% 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.
National Bank of Canada received 77 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. However, 55.15% of users gave Toronto-Dominion Bank an outperform vote while only 51.19% of users gave National Bank of Canada an outperform vote.
In the previous week, Toronto-Dominion Bank had 25 more articles in the media than National Bank of Canada. MarketBeat recorded 50 mentions for Toronto-Dominion Bank and 25 mentions for National Bank of Canada. National Bank of Canada's average media sentiment score of 0.87 beat Toronto-Dominion Bank's score of 0.18 indicating that National Bank of Canada is being referred to more favorably in the media.
National Bank of Canada has a net margin of 34.22% compared to Toronto-Dominion Bank's net margin of 21.91%. National Bank of Canada's return on equity of 14.73% beat Toronto-Dominion Bank's return on equity.
National Bank of Canada currently has a consensus price target of C$115.17, indicating a potential downside of 0.74%. Toronto-Dominion Bank has a consensus price target of C$88.32, indicating a potential upside of 17.49%. Given Toronto-Dominion Bank's stronger consensus rating and higher probable upside, analysts plainly believe Toronto-Dominion Bank is more favorable than National Bank of Canada.
34.7% of National Bank of Canada shares are owned by institutional investors. Comparatively, 60.1% of Toronto-Dominion Bank shares are owned by institutional investors. 0.2% of National Bank of Canada shares are owned by insiders. Comparatively, 0.1% of Toronto-Dominion Bank shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
National Bank of Canada has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500.
Summary
Toronto-Dominion Bank beats National Bank of Canada on 11 of the 21 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding NA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
National Bank of Canada Competitors List
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