About Bank of Nova Scotia (The) (NYSE:BNS)
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank 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. Its segments include Canadian Banking, which provides a suite of financial advice and banking solutions to retail, small business, commercial and wealth management customers in Canada; International Banking, which provides a range of financial products, solutions and advice to retail and commercial customers in select regions outside of Canada; Global Banking and Markets, which provides corporate banking, investment banking, capital markets and transaction banking solutions, and Other, which represents smaller operating segments, including Group Treasury.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NYSE:BNS
- CUSIP: N/A
- Web: www.scotiabank.com
- Market Cap: $76.87 billion
- Outstanding Shares: 1,198,259,000
- 50 Day Moving Avg: $63.85
- 200 Day Moving Avg: $60.25
- 52 Week Range: $51.21 - $65.07
Sales & Book Value:
- Trailing P/E Ratio: 12.15
- Foreward P/E Ratio: 11.52
- P/E Growth: 2.66
- Annual Revenue: $20.43 billion
- Price / Sales: 3.76
- Book Value: $36.64 per share
- Price / Book: 1.75
- Annual Dividend: $2.53
- Dividend Yield: 3.9%
- Net Margins: 22.26%
- Return on Equity: 14.54%
- Return on Assets: 0.89%
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 1.07%
- Quick Ratio: 1.07%
- Average Volume: 580,209 shs.
- Beta: 1.26
- Short Ratio: 12.03
Frequently Asked Questions for Bank of Nova Scotia (The) (NYSE:BNS)
What is Bank of Nova Scotia (The)'s stock symbol?
Bank of Nova Scotia (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "BNS."
How often does Bank of Nova Scotia (The) pay dividends? What is the dividend yield for Bank of Nova Scotia (The)?
Bank of Nova Scotia (The) announced a quarterly dividend on Tuesday, August 29th. Investors of record on Tuesday, October 3rd will be paid a dividend of $0.6294 per share on Friday, October 27th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Monday, October 2nd. This is a boost from Bank of Nova Scotia (The)'s previous quarterly dividend of $0.56. View Bank of Nova Scotia (The)'s Dividend History.
How will Bank of Nova Scotia (The)'s stock buyback program work?
Bank of Nova Scotia (The) declared that its board has initiated a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase 24,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.
How were Bank of Nova Scotia (The)'s earnings last quarter?
Bank of Nova Scotia (The) (NYSE:BNS) announced its quarterly earnings data on Tuesday, August, 29th. The company reported $1.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.65 by $0.38. The business earned $5.22 billion during the quarter, compared to analysts' expectations of $5.28 billion. Bank of Nova Scotia (The) had a return on equity of 14.54% and a net margin of 22.26%. During the same quarter in the prior year, the firm posted $1.54 EPS. View Bank of Nova Scotia (The)'s Earnings History.
When will Bank of Nova Scotia (The) make its next earnings announcement?
Where is Bank of Nova Scotia (The)'s stock going? Where will Bank of Nova Scotia (The)'s stock price be in 2017?
10 equities research analysts have issued 1-year price objectives for Bank of Nova Scotia (The)'s stock. Their forecasts range from $85.00 to $88.00. On average, they expect Bank of Nova Scotia (The)'s share price to reach $86.75 in the next year. View Analyst Ratings for Bank of Nova Scotia (The).
Who are some of Bank of Nova Scotia (The)'s key competitors?
Some companies that are related to Bank of Nova Scotia (The) include HSBC Holdings plc (HSBA), Royal Bank Of Canada (RY), Toronto Dominion Bank (The) (TD), Banco Santander, S.A. (SAN), U.S. Bancorp (USB), Itau Unibanco Banco Holding SA (ITUB), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), HDFC Bank Limited (HDB), ING Group, N.V. (ING), Banco Bradesco SA (BBD), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Sumitomo Mitsui Financial Group (SMFG), Bank Of Montreal (BMO), Royal Bank Scotland PLC (The) (RBS), Barclays PLC (BCS) and Lloyds Banking Group PLC (LLOY).
Who are Bank of Nova Scotia (The)'s key executives?
Bank of Nova Scotia (The)'s management team includes the folowing people:
- Thomas Charles O'Neill, Independent Chairman of the Board
- Brian J. Porter, President, Chief Executive Officer, Director
- Sean D. McGuckin, Group Head and Chief Financial Officer
- J. Michael Durland, Group Head and Chief Executive Officer - Global Banking and Markets
- Barbara F. Mason, Group Head and Chief Human Resources Officer
- Marianne Hasold-Schilter, Executive Vice President, Chief Administrative Officer - International Banking
- Daniel Moore, Executive Vice President, Chief Market Risk Officer, Chief Risk Officer
- John Doig, Executive Vice President, Chief Marketing Officer
- Deborah M. Alexander, Executive Vice President, General Counsel
- Andrew H.W. Branion, Executive Vice President, Group Treasurer
Who owns Bank of Nova Scotia (The) stock?
Bank of Nova Scotia (The)'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Montrusco Bolton Investments Inc. (0.22%), APG Asset Management N.V. (0.05%), Barometer Capital Management Inc. (0.02%), Farmers & Merchants Trust Co of Chambersburg PA (0.00%) and Quantitative Systematic Strategies LLC (0.00%). View Institutional Ownership Trends for Bank of Nova Scotia (The).
Who sold Bank of Nova Scotia (The) stock? Who is selling Bank of Nova Scotia (The) stock?
Who bought Bank of Nova Scotia (The) stock? Who is buying Bank of Nova Scotia (The) stock?
Bank of Nova Scotia (The)'s stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Barometer Capital Management Inc., Montrusco Bolton Investments Inc. and Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Bank of Nova Scotia (The).
How do I buy Bank of Nova Scotia (The) stock?
Shares of Bank of Nova Scotia (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bank of Nova Scotia (The)'s stock price today?
MarketBeat Community Rating for Bank of Nova Scotia (The) (NYSE BNS)MarketBeat's community ratings are surveys of what our community members think about Bank of Nova Scotia (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Bank of Nova Scotia (The) stock can currently be purchased for approximately $64.15.
Consensus Ratings for Bank of Nova Scotia (The) (NYSE:BNS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.90)|
|Consensus Price Target: ||$86.75 (35.23% upside)|Consensus Price Target History for Bank of Nova Scotia (The) (NYSE:BNS)
Analysts' Ratings History for Bank of Nova Scotia (The) (NYSE:BNS)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/20/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||Low|
|8/29/2017||Canaccord Genuity||Set Price Target||Buy||$87.00||Low|
|5/31/2017||Bank of America Corporation||Boost Price Target||Buy||$81.00 -> $85.00||Low|
|5/31/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$86.00 -> $87.00||Low|
|5/23/2017||Barclays PLC||Upgrade||Equal Weight -> Overweight||Low|
|5/18/2017||National Bank Financial||Reiterated Rating||Outperform Overweight||Low|
|3/7/2017||CIBC||Upgrade||Sector Perform -> Sector Outperform||N/A|
|12/1/2016||BMO Capital Markets||Reiterated Rating||Buy||N/A|
|11/14/2016||Credit Suisse Group||Reiterated Rating||Neutral||N/A|
|9/21/2016||Dundee Securities||Initiated Coverage||Buy||N/A|
|9/1/2016||Desjardins||Reiterated Rating||Buy||$71.00 -> $73.00||N/A|
|6/9/2016||Deutsche Bank AG||Downgrade||Buy -> Hold||$50.00 -> $35.00||N/A|
|6/9/2016||Macquarie||Downgrade||Outperform -> Neutral||N/A|
Earnings History for Bank of Nova Scotia (The) (NYSE:BNS)Earnings History by Quarter for Bank of Nova Scotia (The) (NYSE BNS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|12/5/2017|| || || || || || || || |
|8/29/2017||7/31/2017||$1.65||$1.27||$5.28 billion||$5.22 billion||View||N/A|
|5/30/2017||4/30/2017||$1.15||$1.23||$6.73 billion||$6.58 billion||View||N/A|
|2/28/2017||1/31/2017||$1.57||$1.19||$6.89 billion||$6.87 billion||View||N/A|
|12/1/2015||Q415||$1.44||$1.11||$4.74 billion||$4.64 billion||View||N/A|
|8/28/2015||Q315||$1.15||$1.18||$4.87 billion||$4.92 billion||View||N/A|
|5/29/2015||Q215||$1.14||$1.15||$4.83 billion||$4.76 billion||View||Listen|
|3/3/2015||Q115||$1.15||$1.09||$4.80 billion||$4.68 billion||View||N/A|
|12/5/2014||Q414||$1.23||$1.16||$5.21 billion||$5.05 billion||View||N/A|
|8/26/2014||Q314||$1.29||$1.70||$5.92 billion||$6.49 billion||View||N/A|
|5/27/2014||Q214||$1.20||$1.29||$5.14 billion||$5.35 billion||View||N/A|
|5/28/2013||Q213||$1.26||$1.23||$5.18 billion||$5.22 billion||View||N/A|
Earnings Estimates for Bank of Nova Scotia (The) (NYSE:BNS)
2017 EPS Consensus Estimate: $4.79
2018 EPS Consensus Estimate: $5.62
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Bank of Nova Scotia (The) (NYSE:BNS)
|Dividend Growth:||-2.70% (3 Year Average)|
|Payout Ratio:||52.06% (Trailing 12 Months of Earnings) |
48.37% (Based on This Year's Estimates)
45.42% (Based on Next Year's Estimates)
Dividend History by Quarter for Bank of Nova Scotia (The) (NYSE BNS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Bank of Nova Scotia (The) (NYSE:BNS)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Bank of Nova Scotia (The) (NYSE:BNS)
Latest Headlines for Bank of Nova Scotia (The) (NYSE:BNS)
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Bank of Nova Scotia (The) (BNS) Chart for Monday, October, 23, 2017