BNS vs. FITB: Bank of Nova Scotia vs. Fifth Third Bancorp Stock Comparison
How do Bank of Nova Scotia (BNS) and Fifth Third Bancorp (FITB) 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
Bank of Nova Scotia (BNS) and Fifth Third Bancorp (FITB) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
| Profile Item | BNS | FITB |
|---|---|---|
| Name | Bank of Nova Scotia | Fifth Third Bancorp |
| Country/Region | Canada | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 111.75 billion USD | 47.93 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 7, 2002 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BNS | FITB |
|---|---|---|
| Total Return (1Y) | 44.24% | 31.61% |
| Total Return (3Y, Annualized) | 35.89% | 34.78% |
| Total Return (5Y, Annualized) | 12.57% | 8.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BNS | FITB |
|---|---|---|
| Volatility (1Y, Annualized) | 20.52% | 25.76% |
| Beta (5Y) | 1.14 | 0.96 |
| Max Drawdown (5Y) | -40.53% | -51.68% |
| Avg. Volume (3M) | 1.76M | 6.30M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BNS | FITB |
|---|---|---|
| Sharpe Ratio (1Y) | 1.95 | 1.06 |
| Sortino Ratio (1Y) | 2.99 | 1.58 |
Profitability
ROE (TTM)
Bank of Nova Scotia (BNS) at 11.46% is around its peer norm for ROE, while Fifth Third Bancorp (FITB) at 9.42% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
BNS
Banks industry group
11.46%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- BNS
- 11.46%
- Q1
- 9.50%
- Min
- 3.64%
FITB
Banks industry group
9.42%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- FITB
- 9.42%
- Min
- 3.64%
Net Margin (TTM)
Bank of Nova Scotia (BNS) at 28.43% keeps about the industry-typical share of revenue as profit, while Fifth Third Bancorp (FITB) at 22.97% retains only a bottom-quartile share.
BNS
Banks industry group
28.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BNS
- 28.43%
- Q1
- 27.11%
- Min
- 14.93%
FITB
Banks industry group
22.97%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- FITB
- 22.97%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Bank of Nova Scotia (BNS) in Banks and Fifth Third Bancorp (FITB) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BNS | FITB |
|---|---|---|
| ROE (TTM) | 11.46% | 9.42% |
| ROA (TTM) | 0.68% | 1.00% |
| Net Margin (TTM) | 28.43% | 22.97% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Bank of Nova Scotia (BNS) at 10.36% and Fifth Third Bancorp (FITB) at 6.61% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Fifth Third Bancorp (FITB) at 12.42% is around its peer norm for EPS growth, while Bank of Nova Scotia (BNS) at -3.41% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BNS | FITB |
|---|---|---|
| Revenue Growth (YoY) | 10.36% | 6.61% |
| Revenue Growth (3Y CAGR) | 5.59% | 2.87% |
| EPS Growth (YoY) | -3.41% | 12.42% |
| EPS Growth (3Y CAGR) | -10.92% | 1.76% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Bank of Nova Scotia (BNS) in Banks and Fifth Third Bancorp (FITB) 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: Bank of Nova Scotia (BNS) in Banks and Fifth Third Bancorp (FITB) 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 | BNS | FITB |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Bank of Nova Scotia (BNS) at 4.84% delivers top-quartile income for its industry, while Fifth Third Bancorp (FITB) at 3.03% pays a more typical yield — both are credible income propositions, BNS the richer one.
BNS
Banks industry group
4.84%
- Max
- 5.79%
- BNS
- 4.84%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
FITB
Banks industry group
3.03%
- Max
- 5.79%
- Q3
- 3.18%
- FITB
- 3.03%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Bank of Nova Scotia (BNS) at 58.04% and Fifth Third Bancorp (FITB) at 54.36% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
BNS
Banks industry group
58.04%
- Max
- 70.75%
- BNS
- 58.04%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
FITB
Banks industry group
54.36%
- Max
- 70.75%
- FITB
- 54.36%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BNS | FITB |
|---|---|---|
| Dividend Yield (TTM) | 4.84% | 3.03% |
| Dividend Payout Ratio (TTM) | 58.04% | 54.36% |
Valuation
P/E Ratio (TTM)
Both Bank of Nova Scotia (BNS) at 16.61 and Fifth Third Bancorp (FITB) at 17.80 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
BNS
Banks industry group
16.61
- Max
- 18.16
- BNS
- 16.61
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
FITB
Banks industry group
17.80
- Max
- 18.16
- FITB
- 17.80
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Bank of Nova Scotia (BNS) in Banks and Fifth Third Bancorp (FITB) 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)
Fifth Third Bancorp (FITB) at 1.55 is valued about in line with its industry on P/B ratio, while Bank of Nova Scotia (BNS) at 1.76 carries an above-peer premium to book — BNS is pricier on assets.
BNS
Banks industry group
1.76
- Max
- 2.28
- BNS
- 1.76
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
FITB
Banks industry group
1.55
- Max
- 2.28
- Q3
- 1.58
- FITB
- 1.55
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BNS | FITB |
|---|---|---|
| P/E Ratio (TTM) | 16.61 | 17.80 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.76 | 1.55 |
| Free Cash Flow Yield (TTM) | -- | -- |