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BNS vs. JPM: Bank of Nova Scotia vs. JPMorgan Chase Stock Comparison

How do Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM) 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 JPMorgan Chase (JPM) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Company profile comparison for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
Profile ItemBNSJPM
NameBank of Nova ScotiaJPMorgan Chase & Co.
Country/RegionCanadaUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization111.75 billion USD888.27 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 7, 2002March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BNS
JPM
GSPC
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
Total Return (1Y)44.24%11.23%
Total Return (3Y, Annualized)35.89%36.31%
Total Return (5Y, Annualized)12.57%18.27%

Risk Profile

Drawdown History

BNS
JPM
GSPC
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
Volatility (1Y, Annualized)20.52%23.08%
Beta (5Y)1.141.02
Max Drawdown (5Y)-40.53%-37.93%
Avg. Volume (3M)1.76M7.03M

Risk-Adjusted Performance

Risk-Return Positioning

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BNS and JPM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
Sharpe Ratio (1Y)1.950.30
Sortino Ratio (1Y)2.990.42

Profitability

ROE (TTM)

JPMorgan Chase (JPM) at 18.01% 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 JPM.

BNS

Banks industry group

11.46%

Max
19.84%
Q3
13.67%
Median
11.49%
BNS
11.46%
Q1
9.50%
Min
3.64%

JPM

Banks industry group

18.01%

Max
19.84%
JPM
18.01%
Q3
13.67%
Median
11.49%
Q1
9.50%
Min
3.64%
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

Both Bank of Nova Scotia (BNS) at 28.43% and JPMorgan Chase (JPM) at 34.59% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BNS

Banks industry group

28.43%

Max
47.19%
Q3
35.25%
Median
31.21%
BNS
28.43%
Q1
27.11%
Min
14.93%

JPM

Banks industry group

34.59%

Max
47.19%
Q3
35.25%
JPM
34.59%
Median
31.21%
Q1
27.11%
Min
14.93%
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Bank of Nova Scotia (BNS) in Banks and JPMorgan Chase (JPM) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
ROE (TTM)11.46%18.01%
ROA (TTM)0.68%1.37%
Net Margin (TTM)28.43%34.59%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Bank of Nova Scotia (BNS) at 10.36% and JPMorgan Chase (JPM) at 7.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Bank of Nova Scotia (BNS) at -3.41% and JPMorgan Chase (JPM) at 1.37% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
Revenue Growth (YoY)10.36%7.32%
Revenue Growth (3Y CAGR)5.59%12.50%
EPS Growth (YoY)-3.41%1.37%
EPS Growth (3Y CAGR)-10.92%18.31%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Bank of Nova Scotia (BNS) in Banks and JPMorgan Chase (JPM) 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 JPMorgan Chase (JPM) 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

Financial strength metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
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 JPMorgan Chase (JPM) at 1.82% 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%

JPM

Banks industry group

1.82%

Max
5.79%
Q3
3.18%
Median
2.39%
JPM
1.82%
Q1
1.20%
Min
0.00%
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

JPMorgan Chase (JPM) at 25.80% pays out a band-typical share of earnings, while Bank of Nova Scotia (BNS) at 58.04% distributes more than its industry norm — less retained, thinner cover.

BNS

Banks industry group

58.04%

Max
70.75%
BNS
58.04%
Q3
41.28%
Median
29.26%
Q1
18.98%
Min
0.00%

JPM

Banks industry group

25.80%

Max
70.75%
Q3
41.28%
Median
29.26%
JPM
25.80%
Q1
18.98%
Min
0.00%
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
Dividend Yield (TTM)4.84%1.82%
Dividend Payout Ratio (TTM)58.04%25.80%

Valuation

P/E Ratio (TTM)

Both Bank of Nova Scotia (BNS) at 16.61 and JPMorgan Chase (JPM) at 14.03 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

JPM

Banks industry group

14.03

Max
18.16
JPM
14.03
Q3
13.75
Median
11.81
Q1
10.64
Min
6.49
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both Bank of Nova Scotia (BNS) in Banks and JPMorgan Chase (JPM) 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)

Both look rich against book: Bank of Nova Scotia (BNS) at 1.76 sits in the upper P/B ratio quartile, and JPMorgan Chase (JPM) at 2.53 prices even higher, above its industry range.

BNS

Banks industry group

1.76

Max
2.28
BNS
1.76
Q3
1.58
Median
1.32
Q1
1.10
Min
0.59

JPM

Banks industry group

2.53

JPM
2.53
Max
2.28
Q3
1.58
Median
1.32
Q1
1.10
Min
0.59
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Bank of Nova Scotia (BNS) vs. JPMorgan Chase (JPM): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for Bank of Nova Scotia (BNS) and JPMorgan Chase (JPM)
MetricBNSJPM
P/E Ratio (TTM)16.6114.03
P/S Ratio (TTM)----
P/B Ratio (MRQ)1.762.53
Free Cash Flow Yield (TTM)----