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BNS vs CMI

Comparison between Bank Of Nova Scotia (BNS, Company) and Cummins Inc (CMI, Company).

BNS is from the Financial Services sector, while CMI is from the Industrials sector.

5-Year PerformanceCMI has outperformed BNS, delivering a return of +23.5% compared to +10.2%

BNS vs CMI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
BNS
$98B
Winner
CMI
$99B
Max Drawdown
Winner
BNS
65.74%
CMI
75.93%
Sharpe Ratio
Winner
BNS
2.86
CMI
2.67
5Y Beta
Winner
BNS
0.48
CMI
1.22
Industry
BNS
Banks - Diversified
CMI
Specialty Industrial Machinery
P/E Ratio
Winner
BNS
15.13
CMI
32.70
Forward P/E
Winner
BNS
12.89
CMI
25.91
PEG Ratio
Winner
BNS
0.46
CMI
1.85
Dividend Yield
Winner
BNS
5.58%
CMI
1.15%
5Y Dividends CAGR
BNS
2.88%
Winner
CMI
7.76%
5Y EPS CAGR
BNS
4.61%
Winner
CMI
6.04%
Debt to Equity
BNS
291.91%
Winner
CMI
1.27%
Free Cash Flow Yield
BNS
-6.65%
Winner
CMI
2.70%
P/S Ratio
Winner
BNS
2.90
CMI
2.91
P/B Ratio
Winner
BNS
1.65
CMI
7.54

BNS vs CMI - Historical Returns

Returns include dividend reinvestment.

1M
BNS
+8.68%
Winner
CMI
+13.87%
3M
BNS
+1.00%
Winner
CMI
+13.35%
6M
BNS
+18.85%
Winner
CMI
+44.62%
1Y
BNS
+62.55%
Winner
CMI
+125.81%
5Y(CAGR)
BNS
+10.17%
Winner
CMI
+23.49%
10Y(CAGR)
BNS
+11.30%
Winner
CMI
+22.92%
Max(CAGR)
BNS
+12.87%
Winner
CMI
+18.99%

BNS vs CMI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearBNSCMI
2026+6.37%+30.58%
2025+45.36%+49.77%
2024+18.56%+47.90%
2023+9.79%+2.24%
2022-28.63%+13.37%
2021+41.58%+0.88%
2020+1.18%+30.26%
2019+16.46%+38.35%
2018-19.05%-22.27%
2017+20.31%+29.79%
2016+47.80%+57.21%
2015-23.35%-38.15%
2014-4.02%+6.08%
2013+10.63%+26.66%
2012+18.04%+21.06%
2011-10.15%-20.14%
2010+26.85%+137.11%
2009+80.69%+60.12%
2008-43.81%-56.05%
2007+17.80%+117.98%
2006+15.87%+31.56%
2005+22.22%+10.76%
2004+38.04%+75.22%
2003+54.96%+74.78%
2002+13.51%-25.25%
2001+17.33%+5.32%
2000+25.59%-16.94%
1999-1.27%-3.05%

BNS vs CMI Drawdown Comparison

The maximum drawdown for BNS was -63.64%, occurring on Feb 23, 2009. Recovery took 599 trading sessions.

The maximum drawdown for CMI was -75.65%, occurring on Nov 20, 2008. Recovery took 469 trading sessions.

The current BNS drawdown is -1.17%. The current CMI drawdown is -5.08%.

RankBNSCMI
#1-63.64%
Nov 2, 2007 - Mar 23, 2010
-75.65%
Jun 16, 2008 - Apr 27, 2010
#2-46.32%
Jan 5, 2018 - Feb 19, 2021
-60.07%
Apr 10, 2002 - Aug 12, 2003
#3-43.24%
Jul 28, 2014 - Jan 25, 2017
-45.90%
Jun 10, 2014 - Feb 9, 2017
#4-39.15%
Mar 22, 2022 - Aug 26, 2025
-45.05%
Nov 2, 1999 - Mar 19, 2002
#5-24.10%
Apr 1, 2011 - Dec 18, 2012
-44.05%
Nov 11, 2019 - Jun 8, 2020
#6-23.75%
Feb 6, 2001 - Jul 6, 2001
-39.06%
Oct 15, 2007 - May 13, 2008
#7-23.00%
May 29, 2002 - Dec 26, 2002
-34.48%
Mar 19, 2012 - Aug 12, 2013
#8-21.02%
Nov 3, 1999 - Apr 25, 2000
-33.03%
Apr 29, 2011 - Feb 3, 2012
#9-15.68%
Apr 7, 2004 - Aug 19, 2004
-32.87%
Jan 26, 2018 - Nov 8, 2019
#10-14.97%
Sep 21, 2000 - Jan 30, 2001
-30.48%
Mar 15, 2021 - Jul 31, 2023
#11-13.36%
Feb 10, 2026 - Apr 30, 2026
-30.47%
Feb 19, 2025 - Aug 7, 2025
#12-13.31%
Nov 20, 2013 - May 15, 2014
-24.05%
Dec 28, 2004 - Jul 22, 2005
#13-12.84%
Aug 29, 2001 - Dec 19, 2001
-18.18%
Aug 1, 2023 - Feb 15, 2024
#14-12.51%
May 3, 2010 - Sep 13, 2010
-17.06%
Apr 19, 2004 - Jul 26, 2004
#15-12.41%
Jun 1, 2007 - Sep 17, 2007
-16.89%
Oct 16, 2006 - Feb 2, 2007

Correlation

Correlation between BNS and CMI is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92
-101

Dividend Comparison (1999 - 2026)

BNS vs CMI dividend yield comparison.

YearBNSCMI
20262.05%0.29%
20254.17%1.50%
20245.85%2.01%
20238.56%2.71%
20226.39%2.49%
20215.09%2.57%
20204.93%2.33%
20193.53%2.74%
20186.34%3.32%
20174.80%2.38%
20165.24%2.93%
20158.13%3.99%
20144.48%1.95%
20132.91%1.60%
20123.87%1.66%
20114.18%1.51%
20103.43%0.80%
20095.24%1.53%
20085.33%2.24%
20073.54%0.68%
20064.17%1.12%
20053.96%1.34%
20044.19%1.43%
20033.32%2.45%
20022.21%4.27%
20014.94%3.11%
20000.61%3.16%
19990.00%0.62%

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