Bank of Nova Scotia vs Bank of New York Mellon Corp — how do they compare? Bank of Nova Scotia trades at $89.03 (market cap $108.32B), while Bank of New York Mellon Corp trades at $160.4 (market cap $108.78B). The key difference: Bank of Nova Scotia and Bank of New York Mellon Corp are close in size by market cap, and Bank of Nova Scotia pays the higher dividend (3.64%). Which is the better fit depends on your goals.
| BNS | BNY | |
|---|---|---|
Market Cap | $108.32B | $108.78B |
Sector | Financials | Financials |
52-Week High | $90.29 | $162.35 |
52-Week Low | $56.41 | $101.00 |
Dividend Yield | 3.64% | 1.38% |
Trailing returns across standard periods
Latest headlines on both assets
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.
Read more on BNS →BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of Dec. 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.2 trillion in assets.
Read more on BNY →