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NYSE:BNS

The Bank of Nova Scotia Stock Forecast, Price & News

$61.09
+0.33 (+0.54 %)
(As of 03/3/2021 03:45 PM ET)
Add
Compare
Today's Range
$60.64
Now: $61.09
$61.38
50-Day Range
$53.29
MA: $55.64
$61.20
52-Week Range
$31.94
Now: $61.09
$61.35
Volume144,825 shs
Average Volume1.35 million shs
Market Capitalization$74.06 billion
P/E Ratio15.51
Dividend Yield4.74%
Beta0.97
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
The Bank of Nova Scotia logo

Headlines

Scotiabank, BMO Beat Estimates as Soured-Loan Concerns Ebb
February 23, 2021 |  finance.yahoo.com
Bank of Nova Scotia: Q1 Earnings Insights
February 23, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIK9631
Phone416-866-3672
Employees92,001
Year Founded1832

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.52 billion
Cash Flow$5.69 per share
Book Value$40.03 per share

Profitability

Net Income$5.04 billion

Miscellaneous

Outstanding Shares1,212,368,000
Market Cap$74.06 billion
Next Earnings Date5/25/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.50 out of 5 stars

Finance Sector

26th out of 1,944 stocks

State Commercial Banks Industry

3rd out of 309 stocks

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
$61.09
+0.33 (+0.54 %)
(As of 03/3/2021 03:45 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Bank of Nova Scotia (NYSE:BNS) Frequently Asked Questions

Is The Bank of Nova Scotia a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Bank of Nova Scotia in the last twelve months. There are currently 2 sell ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Bank of Nova Scotia stock.
View analyst ratings for The Bank of Nova Scotia
or view top-rated stocks.

What stocks does MarketBeat like better than The Bank of Nova Scotia?

Wall Street analysts have given The Bank of Nova Scotia a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Bank of Nova Scotia wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Bank of Nova Scotia's next earnings date?

The Bank of Nova Scotia is scheduled to release its next quarterly earnings announcement on Tuesday, May 25th 2021.
View our earnings forecast for The Bank of Nova Scotia
.

How were The Bank of Nova Scotia's earnings last quarter?

The Bank of Nova Scotia (NYSE:BNS) issued its earnings results on Monday, February, 22nd. The bank reported $1.88 EPS for the quarter, topping the Zacks' consensus estimate of $1.19 by $0.69. The Bank of Nova Scotia had a trailing twelve-month return on equity of 10.47% and a net margin of 15.57%. During the same period in the prior year, the business posted $1.83 EPS.
View The Bank of Nova Scotia's earnings history
.

How has The Bank of Nova Scotia's stock been impacted by Coronavirus?

The Bank of Nova Scotia's stock was trading at $42.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BNS shares have increased by 43.5% and is now trading at $61.06.
View which stocks have been most impacted by COVID-19
.

How often does The Bank of Nova Scotia pay dividends? What is the dividend yield for The Bank of Nova Scotia?

The Bank of Nova Scotia declared a quarterly dividend on Wednesday, February 24th. Investors of record on Tuesday, April 6th will be given a dividend of $0.7133 per share on Wednesday, April 28th. This represents a $2.85 annualized dividend and a dividend yield of 4.67%. The ex-dividend date is Monday, April 5th. This is a positive change from The Bank of Nova Scotia's previous quarterly dividend of $0.68.
View The Bank of Nova Scotia's dividend history
.

Is The Bank of Nova Scotia a good dividend stock?

The Bank of Nova Scotia pays an annual dividend of $2.83 per share and currently has a dividend yield of 4.74%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Bank of Nova Scotia does not yet have a strock track record of dividend growth. The dividend payout ratio of The Bank of Nova Scotia is 70.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Bank of Nova Scotia will have a dividend payout ratio of 52.50% next year. This indicates that The Bank of Nova Scotia will be able to sustain or increase its dividend.
View The Bank of Nova Scotia's dividend history.

What price target have analysts set for BNS?

11 brokerages have issued twelve-month target prices for The Bank of Nova Scotia's stock. Their forecasts range from $51.00 to $86.00. On average, they expect The Bank of Nova Scotia's share price to reach $73.37 in the next year. This suggests a possible upside of 20.2% from the stock's current price.
View analysts' price targets for The Bank of Nova Scotia
or view top-rated stocks among Wall Street analysts.

Who are The Bank of Nova Scotia's key executives?

The Bank of Nova Scotia's management team includes the following people:
  • Mr. Brian Johnston Porter B.Com., A.M.P., Pres, CEO & Director (Age 63) (LinkedIn Profile)
  • Mr. Rajagopal Viswanathan, Group Head & CFO
  • Mr. James P. O'Sullivan, Strategic Advisor to the CEO
  • Mr. Ignacio Deschamps, Group Head of International Banking & Digital Transformation
  • Mr. Daniel Llewellyn Rees, Group Head of Canadian Banking
  • Mr. Adrián Otero Rosiles, Exec. VP & Country Head of Mexico
  • Ms. Tracy Bryan, Exec. VP of Global Operations
  • Mr. James A. Neate, Pres & Group Head of Corp. and Investment Banking
  • Dr. Michael Zerbs, Group Head of Technology & Operations (LinkedIn Profile)
  • Mr. Philip Stephen Watson Smith, Sr. VP of Investor Relations

What is Brian J. Porter's approval rating as The Bank of Nova Scotia's CEO?

1,585 employees have rated The Bank of Nova Scotia CEO Brian J. Porter on Glassdoor.com. Brian J. Porter has an approval rating of 86% among The Bank of Nova Scotia's employees.

Who are some of The Bank of Nova Scotia's key competitors?

What other stocks do shareholders of The Bank of Nova Scotia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Bank of Nova Scotia investors own include AT&T (T), Freehold Royalties (FRU), The Toronto-Dominion Bank (TD), Pfizer (PFE), Royal Bank of Canada (RY), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM) and Intel (INTC).

What is The Bank of Nova Scotia's stock symbol?

The Bank of Nova Scotia trades on the New York Stock Exchange (NYSE) under the ticker symbol "BNS."

Who are The Bank of Nova Scotia's major shareholders?

The Bank of Nova Scotia's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (1.93%), Mackenzie Financial Corp (1.27%), Norges Bank (0.99%), The Manufacturers Life Insurance Company (0.84%), Healthcare of Ontario Pension Plan Trust Fund (0.69%) and CIBC Asset Management Inc (0.60%).

Which institutional investors are selling The Bank of Nova Scotia stock?

BNS stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Healthcare of Ontario Pension Plan Trust Fund, Mackenzie Financial Corp, Toronto Dominion Bank, Renaissance Technologies LLC, Guardian Capital LP, Sumitomo Mitsui Trust Holdings Inc., and Letko Brosseau & Associates Inc..

Which institutional investors are buying The Bank of Nova Scotia stock?

BNS stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, The Manufacturers Life Insurance Company , Canada Pension Plan Investment Board, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Credit Suisse AG, CIBC Asset Management Inc, Pendal Group Limited, and Aperio Group LLC.

How do I buy shares of The Bank of Nova Scotia?

Shares of BNS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Bank of Nova Scotia's stock price today?

One share of BNS stock can currently be purchased for approximately $61.06.

How much money does The Bank of Nova Scotia make?

The Bank of Nova Scotia has a market capitalization of $74.03 billion and generates $32.52 billion in revenue each year. The bank earns $5.04 billion in net income (profit) each year or $3.99 on an earnings per share basis.

How many employees does The Bank of Nova Scotia have?

The Bank of Nova Scotia employs 92,001 workers across the globe.

Does The Bank of Nova Scotia have any subsidiaries?

The following companies are subsidiares of The Bank of Nova Scotia: 1832 Asset Management L.P., BBVA Chile, BNS Asia Limited, BNS International (Bahamas) Limited, BNS International (Panama) S.A., BNS Investments Inc., Banco Colpatria Multibanca Colpatria S.A., Colfondos, Grupo BNS de Costa Rica S.A., Grupo Financiero Scotiabank Inverlat S.A. de C.V., Hollis Canadian Bank, HollisWealth Inc., Howard Weil, Jarislowsky Fraser, Jarislowsky Fraser Limited, MD Financial, MD Financial Management Inc., Montreal Trust Company of Canada, National Trust Company, National Trustco Inc., Nova Scotia Inversiones Limitada, Profuturo AFP S.A., RoyNat Inc., Scotia Capital (USA) Inc., Scotia Capital Inc., Scotia Dealer Advantage Inc., Scotia Group Jamaica Limited, Scotia Holdings (US) Inc., Scotia International Limited, Scotia Investments Jamaica Limited, Scotia Life Insurance Company, Scotia Mortgage Corporation, Scotia Securities Inc., Scotiabanc Inc., Scotiabank & Trust (Cayman) Ltd., Scotiabank (Bahamas) Limited, Scotiabank (Belize) Ltd., Scotiabank (British Virgin Islands) Limited, Scotiabank (Hong Kong) Limited, Scotiabank (Ireland) Designated Activity Company, Scotiabank (Panama) S.A., Scotiabank (Turks and Caicos) Ltd., Scotiabank Anguilla Limited, Scotiabank Barbados Limited, Scotiabank Brasil S.A. Banco Multiplo, Scotiabank Caribbean Holdings Ltd., Scotiabank Chile S.A., Scotiabank Colpatria S.A., Scotiabank El Salvador S.A., Scotiabank Europe plc, Scotiabank Peru Holding S.A., Scotiabank Peru S.A.A., Scotiabank Republica Dominicana S.A., Scotiabank Trinidad and Tobago Limited, Scotiabank Uruguay S.A., Scotiabank de Puerto Rico, Tangerine Bank, The Bank of Nova Scotia Berhad, The Bank of Nova Scotia International Limited, The Bank of Nova Scotia Jamaica Limited, The Bank of Nova Scotia Trust Company, and The Bank of Nova Scotia Trust Company (Bahamas) Limited.

When was The Bank of Nova Scotia founded?

The Bank of Nova Scotia was founded in 1832.

What is The Bank of Nova Scotia's official website?

The official website for The Bank of Nova Scotia is www.scotiabank.com.

Where are The Bank of Nova Scotia's headquarters?

The Bank of Nova Scotia is headquartered at 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1.

How can I contact The Bank of Nova Scotia?

The Bank of Nova Scotia's mailing address is 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1. The bank can be reached via phone at 416-866-3672 or via email at [email protected]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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