Bank of Nova Scotia (BNS) Stock Price, News & Analysis

Company Overview

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian financial institution headquartered in Toronto, Ontario. Founded in Halifax in 1832, the bank provides banking and financial services to individuals, businesses, institutions and governments.

Scotiabank’s principal activities include Canadian personal and commercial banking, international banking, global wealth management, and global banking and markets. Its products and services include deposit accounts, mortgages, consumer and commercial loans, credit cards, investment products, financial planning, asset management, foreign exchange, capital markets services and corporate banking.

The bank serves customers across Canada and maintains international operations in Mexico, Peru, Chile, the Caribbean, Central America and other selected markets. Scotiabank is led by President and Chief Executive Officer Scott Thomson, who assumed the role in February 2023.

Key Stats

• Today's Range: $91.79 to $94.17
• 50-Day Range: $84.92 to $94.86
• 52-Week Range: $62.98 to $95.34
• Volume: 1.61 million shs
• Average Volume: 2.38 million shs
• Market Capitalization: $113.10 billion
• P/E Ratio: 16.82
• Dividend Yield: 3.45%
• Price Target: $117.00
• Consensus Rating: Moderate Buy

Bank of Nova Scotia Stock Analysis - MarketRank™

Bank of Nova Scotia scored higher than 96% of companies evaluated by MarketBeat, and ranked 55th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bank of Nova Scotia has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 1 strong buy rating, 4 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Bank of Nova Scotia has a consensus price target of $117.00, representing about 26.6% upside from its current price of $92.45.

Amount of Analyst Coverage

Bank of Nova Scotia has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.63%

Earnings Growth

Earnings for Bank of Nova Scotia are expected to grow by 11.63% in the coming year, from $6.19 to $6.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bank of Nova Scotia is 16.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bank of Nova Scotia is 16.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.25.

Price to Earnings Growth Ratio

Bank of Nova Scotia has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Bank of Nova Scotia has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.00% of the float of Bank of Nova Scotia has been sold short.

Short Interest Ratio / Days to Cover

Bank of Nova Scotia has a short interest ratio ("days to cover") of 5.54.

Change versus previous month

Short interest in Bank of Nova Scotia has recently increased by 65.89%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Bank of Nova Scotia pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bank of Nova Scotia has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Bank of Nova Scotia is 58.05%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bank of Nova Scotia will have a dividend payout ratio of 46.45% next year. This indicates that Bank of Nova Scotia will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.82

News Sentiment

Bank of Nova Scotia has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Bank of Nova Scotia this week, compared to 4 articles on an average week.

Search Interest

21 people have searched for BNS on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.

MarketBeat Follows

7 people have added Bank of Nova Scotia to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bank of Nova Scotia insiders have not sold or bought any company stock.

Percentage Held by Institutions

49.13% of the stock of Bank of Nova Scotia is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/29 Dividend: 7/07/2026
• Ex-Dividend for 7/29 Dividend: 7/07/2026
• Dividend Payable: 7/29/2026
• Last Earnings: 8/25/2026
• Today: 9/16/2026
• Record date for 10/28 Dividend: 10/06/2026
• Ex-Dividend for 10/28 Dividend: 10/06/2026
• Dividend Payable: 10/28/2026
• Fiscal Year End: 10/31/2026
• Next Earnings (Estimated): 12/02/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:BNS
• CIK: 9631
• Web: www.scotiabank.com
• Phone: (416) 866-3672
• Fax: 416-866-3750
• Employees: 86,431
• Year Founded: 1832

Price Target and Rating

• Average Price Target for Bank of Nova Scotia: $117.00
• High Price Target: $117.00
• Low Price Target: $117.00
• Potential Upside/Downside: +25.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.53
• Trailing P/E Ratio: 16.82
• Forward P/E Ratio: 15.02
• P/E Growth: 1.05
• Net Income: $5.56 billion
• Net Margins: 13.91%
• Pretax Margin: 18.54%
• Return on Equity: 16.12%
• Return on Assets: 0.72%

Debt

• Debt-to-Equity Ratio: 1.98
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $52.70 billion
• Price / Sales: 2.15
• Cash Flow: $6.29 per share
• Price / Cash Flow: 14.77
• Book Value: $17.79 per share
• Price / Book: 5.22

Miscellaneous

• Outstanding Shares: 1,216,810,000
• Free Float: N/A
• Market Cap: $113.10 billion
• Optionable: Optionable
• Beta: 1.12