NA vs. CM, BNS, BMO, TD, GWO, IFC, SLF, FFH, POW, and BAM
Should you be buying National Bank of Canada stock or one of its competitors? The main competitors of National Bank of Canada include Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), Toronto-Dominion Bank (TD), Great-West Lifeco (GWO), Intact Financial (IFC), Sun Life Financial (SLF), Fairfax Financial (FFH), Power Co. of Canada (POW), and Brookfield Asset Management (BAM). These companies are all part of the "financial services" sector.
Canadian Imperial Bank of Commerce (TSE:CM) and National Bank of Canada (TSE:NA) are both large-cap financial services companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, community ranking, earnings, risk, institutional ownership, profitability and dividends.
Canadian Imperial Bank of Commerce pays an annual dividend of C$3.60 per share and has a dividend yield of 5.4%. National Bank of Canada pays an annual dividend of C$4.24 per share and has a dividend yield of 3.7%. Canadian Imperial Bank of Commerce pays out 55.0% of its earnings in the form of a dividend. National Bank of Canada pays out 44.6% 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.
51.5% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 34.2% of National Bank of Canada shares are owned by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are owned by insiders. Comparatively, 0.2% of National Bank of Canada shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Canadian Imperial Bank of Commerce has higher revenue and earnings than National Bank of Canada. Canadian Imperial Bank of Commerce is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.
In the previous week, Canadian Imperial Bank of Commerce and Canadian Imperial Bank of Commerce both had 11 articles in the media. National Bank of Canada's average media sentiment score of 0.53 beat Canadian Imperial Bank of Commerce's score of 0.46 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.
Canadian Imperial Bank of Commerce has a beta of 1.11, indicating that its stock price is 11% more volatile than the S&P 500. Comparatively, National Bank of Canada has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500.
Canadian Imperial Bank of Commerce presently has a consensus price target of C$67.23, indicating a potential downside of 0.02%. National Bank of Canada has a consensus price target of C$110.50, indicating a potential downside of 4.46%. Given National Bank of Canada's stronger consensus rating and higher probable upside, research analysts plainly believe Canadian Imperial Bank of Commerce is more favorable than National Bank of Canada.
National Bank of Canada received 218 more outperform votes than Canadian Imperial Bank of Commerce when rated by MarketBeat users. Likewise, 51.40% of users gave National Bank of Canada an outperform vote while only 50.41% of users gave Canadian Imperial Bank of Commerce an outperform vote.
National Bank of Canada has a net margin of 34.22% compared to National Bank of Canada's net margin of 29.50%. Canadian Imperial Bank of Commerce's return on equity of 14.73% beat National Bank of Canada's return on equity.
Summary
National Bank of Canada beats Canadian Imperial Bank of Commerce on 11 of the 19 factors compared between the two stocks.
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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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