BBD vs. BNS: Banco Bradesco vs. Bank of Nova Scotia Stock Comparison
How do Banco Bradesco (BBD) and Bank of Nova Scotia (BNS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Banco Bradesco (BBD) and Bank of Nova Scotia (BNS) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Bank of Nova Scotia (BNS) trades as ordinary local shares, while Banco Bradesco (BBD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BBD | BNS |
|---|---|---|
| Name | Banco Bradesco S.A. ADR | Bank of Nova Scotia |
| Country/Region | Brazil | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 28.39 billion USD | 111.75 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 2, 2002 | June 7, 2002 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BBD | BNS |
|---|---|---|
| Total Return (1Y) | -20.95% | 44.24% |
| Total Return (3Y, Annualized) | 2.33% | 35.89% |
| Total Return (5Y, Annualized) | 0.81% | 12.57% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BBD | BNS |
|---|---|---|
| Volatility (1Y, Annualized) | 49.48% | 20.52% |
| Beta (5Y) | 0.64 | 1.14 |
| Max Drawdown (5Y) | -52.00% | -40.53% |
| Avg. Volume (3M) | 43.85M | 1.76M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BBD | BNS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.51 | 1.95 |
| Sortino Ratio (1Y) | -0.67 | 2.99 |
Profitability
ROE (TTM)
Banco Bradesco (BBD) at 14.20% sits in the top ROE quartile, while Bank of Nova Scotia (BNS) at 11.46% is closer to the peer norm — stronger capital efficiency for BBD.
BBD
Banks industry group
14.20%
- Max
- 19.84%
- BBD
- 14.20%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
BNS
Banks industry group
11.46%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- BNS
- 11.46%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Both Banco Bradesco (BBD) at 27.27% and Bank of Nova Scotia (BNS) at 28.43% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BBD
Banks industry group
27.27%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BBD
- 27.27%
- Q1
- 27.11%
- Min
- 14.93%
BNS
Banks industry group
28.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BNS
- 28.43%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Banco Bradesco (BBD) in Banks and Bank of Nova Scotia (BNS) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BBD | BNS |
|---|---|---|
| ROE (TTM) | 14.20% | 11.46% |
| ROA (TTM) | 1.12% | 0.68% |
| Net Margin (TTM) | 27.27% | 28.43% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Banco Bradesco (BBD) at 11.85% and Bank of Nova Scotia (BNS) at 10.36% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Banco Bradesco (BBD) at 37.42% sits in the top EPS growth quartile, while Bank of Nova Scotia (BNS) at -3.41% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | BBD | BNS |
|---|---|---|
| Revenue Growth (YoY) | 11.85% | 10.36% |
| Revenue Growth (3Y CAGR) | 2.67% | 5.59% |
| EPS Growth (YoY) | 37.42% | -3.41% |
| EPS Growth (3Y CAGR) | 4.44% | -10.92% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Banco Bradesco (BBD) in Banks and Bank of Nova Scotia (BNS) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Banco Bradesco (BBD) in Banks and Bank of Nova Scotia (BNS) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BBD | BNS |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Bank of Nova Scotia (BNS) at 4.84% earns its spot in the top quartile of its industry’s yields; Banco Bradesco (BBD) at 53.03% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
BBD
Banks industry group
53.03%
- BBD
- 53.03%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
BNS
Banks industry group
4.84%
- Max
- 5.79%
- BNS
- 4.84%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Banco Bradesco (BBD) at 53.52% and Bank of Nova Scotia (BNS) at 58.04% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
BBD
Banks industry group
53.52%
- Max
- 70.75%
- BBD
- 53.52%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
BNS
Banks industry group
58.04%
- Max
- 70.75%
- BNS
- 58.04%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BBD | BNS |
|---|---|---|
| Dividend Yield (TTM) | 53.03% | 4.84% |
| Dividend Payout Ratio (TTM) | 53.52% | 58.04% |
Valuation
P/E Ratio (TTM)
Banco Bradesco (BBD) at 5.64 trades below its industry P/E ratio range, while Bank of Nova Scotia (BNS) at 16.61 sits in the richer quartile — the market is paying very different prices for each company’s trailing earnings.
BBD
Banks industry group
5.64
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
- BBD
- 5.64
BNS
Banks industry group
16.61
- Max
- 18.16
- BNS
- 16.61
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Banco Bradesco (BBD) in Banks and Bank of Nova Scotia (BNS) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Banco Bradesco (BBD) at 0.69 looks cheap against book in the lower P/B ratio quartile, while Bank of Nova Scotia (BNS) at 1.76 carries a premium in the upper quartile — a clear price-to-book gap.
BBD
Banks industry group
0.69
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- BBD
- 0.69
- Min
- 0.59
BNS
Banks industry group
1.76
- Max
- 2.28
- BNS
- 1.76
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BBD | BNS |
|---|---|---|
| P/E Ratio (TTM) | 5.64 | 16.61 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 0.69 | 1.76 |
| Free Cash Flow Yield (TTM) | -- | -- |