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No OPEC+ oil shakeup as Russian price cap stirs uncertainty
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As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:BNS

Bank of Nova Scotia - BNS Stock Forecast, Price & News

C$51.21
-1.02 (-1.95%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
C$51.12
C$51.83
50-Day Range
C$46.29
C$53.36
52-Week Range
C$45.26
C$74.86
Volume
1.18 million shs
Average Volume
1.64 million shs
Market Capitalization
C$61.01 billion
P/E Ratio
8.21
Dividend Yield
5.82%
Price Target
C$90.70

Bank of Nova Scotia MarketRank™ Forecast

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
77.1% Upside
C$90.70 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Bank of Nova Scotia in the last 14 days
Based on 43 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.26%
From C$6.11 to C$6.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Finance Sector

210th out of 891 stocks

State Commercial Banks Industry

47th out of 187 stocks

BNS stock logo

About Bank of Nova Scotia (NYSE:BNS) Stock

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 in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. 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, medium, and large businesses, 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 online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

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BNS Stock News Headlines

The Bank of Nova Scotia (BNS) To Go Ex-Dividend on January 3rd
Bank of Nova Scotia (NYSE:BNS) Sees Unusually-High Trading Volume
Bank of Nova Scotia (BNS) Scheduled to Post Earnings on Tuesday
Closing Bell: Bank of Nova Scotia up on Monday (BNS)
Bank of Nova Scotia: Patience Will Be Rewarded
15 Most Valuable Companies in Canada
Stocks in play: Bank of Nova Scotia
See More Headlines
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BNS Company Calendar

Last Earnings
11/30/2021
Ex-Dividend for 10/27 Dividend
10/03/2022
Dividend Payable
10/27/2022
Today
12/04/2022
Ex-Dividend for 1/27 Dividend
1/03/2023
Dividend Payable
1/27/2023
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
CIK
9631
Employees
89,488
Year Founded
1832

Price Target and Rating

Average Stock Price Forecast
C$90.70
High Stock Price Forecast
C$100.91
Low Stock Price Forecast
C$81.50
Forecasted Upside/Downside
+77.1%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
C$7.65 billion
Pretax Margin
27.60%

Debt

Sales & Book Value

Annual Sales
C$36.40 billion
Cash Flow
C$7.87 per share
Book Value
C$43.47 per share

Miscellaneous

Outstanding Shares
1,191,380,000
Free Float
N/A
Market Cap
C$61.01 billion
Optionable
Optionable
Beta
0.98

Social Links


Key Executives

  • Mr. Brian Johnston Porter A.M.P.Mr. Brian Johnston Porter A.M.P. (Age 64)
    B.Com., Pres, CEO & Director
    Comp: $2.85M
  • Mr. Rajagopal  ViswanathanMr. Rajagopal Viswanathan
    Group Head & CFO
  • Mr. Ignacio Deschamps
    Group Head of International Banking & Digital Transformation
  • Mr. Daniel Llewellyn Rees
    Group Head of Canadian Banking
  • Mr. Jake  LawrenceMr. Jake Lawrence
    CEO and Group Head of Global Banking & Markets
  • Dr. Michael Zerbs Ph.D.
    Group Head of Technology & Operations
  • Mr. James A. Neate
    Pres and Group Head of Corp. & Investment Banking
  • Mr. Shawn Rose
    Exec. VP & CTO
  • Mr. Philip Stephen Watson Smith
    Sr. VP of Investor Relations
  • Mr. Ian Arellano
    Exec. VP & Gen. Counsel













BNS Stock - Frequently Asked Questions

Should I buy or sell Bank of Nova Scotia stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BNS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNS, but not buy additional shares or sell existing shares.
View BNS analyst ratings
or view top-rated stocks.

What is Bank of Nova Scotia's stock price forecast for 2023?

13 equities research analysts have issued 1 year target prices for Bank of Nova Scotia's stock. Their BNS share price forecasts range from C$81.50 to C$100.91. On average, they predict the company's stock price to reach C$90.70 in the next year. This suggests a possible upside of 77.1% from the stock's current price.
View analysts price targets for BNS
or view top-rated stocks among Wall Street analysts.

How have BNS shares performed in 2022?

Bank of Nova Scotia's stock was trading at C$71.69 on January 1st, 2022. Since then, BNS shares have decreased by 28.6% and is now trading at C$51.21.
View the best growth stocks for 2022 here
.

Are investors shorting Bank of Nova Scotia?

Bank of Nova Scotia saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 15,460,000 shares, a decline of 28.5% from the October 31st total of 21,620,000 shares. Based on an average daily volume of 2,150,000 shares, the days-to-cover ratio is presently 7.2 days. Currently, 1.3% of the shares of the stock are sold short.
View Bank of Nova Scotia's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our BNS earnings forecast
.

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

The Bank of Nova Scotia (NYSE:BNS) issued its quarterly earnings results on Tuesday, November, 30th. The bank reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.57. The bank earned $7.69 billion during the quarter, compared to analysts' expectations of $7.95 billion. Bank of Nova Scotia had a trailing twelve-month return on equity of 15.54% and a net margin of 21.26%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.10 earnings per share.

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

Bank of Nova Scotia declared a quarterly dividend on Tuesday, November 29th. Stockholders of record on Wednesday, January 4th will be given a dividend of 0.756 per share on Friday, January 27th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date of this dividend is Tuesday, January 3rd.
Read our dividend analysis for BNS
.

Is Bank of Nova Scotia a good dividend stock?

Bank of Nova Scotia (NYSE:BNS) pays an annual dividend of C$2.98 per share and currently has a dividend yield of 5.82%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BNS will have a dividend payout ratio of 46.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BNS.

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

1,585 employees have rated Bank of Nova Scotia Chief Executive Officer Brian J. Porter on Glassdoor.com. Brian J. Porter has an approval rating of 86% among the company's employees.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Nova Scotia investors own include AT&T (T), Freehold Royalties (FRU), 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 Bank of Nova Scotia's stock symbol?

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

Who are Bank of Nova Scotia's major shareholders?

Bank of Nova Scotia's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.63%), Toronto Dominion Bank (2.04%), TD Asset Management Inc. (1.78%), Mackenzie Financial Corp (1.33%), Jarislowsky Fraser Ltd (1.19%) and Canada Pension Plan Investment Board (1.12%).

How do I buy shares of Bank of Nova Scotia?

Shares of BNS stock 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 Bank of Nova Scotia's stock price today?

One share of BNS stock can currently be purchased for approximately C$51.21.

How much money does Bank of Nova Scotia make?

Bank of Nova Scotia (NYSE:BNS) has a market capitalization of C$61.01 billion and generates C$36.40 billion in revenue each year. The bank earns C$7.65 billion in net income (profit) each year or C$6.24 on an earnings per share basis.

How many employees does Bank of Nova Scotia have?

The company employs 89,488 workers across the globe.

Does Bank of Nova Scotia have any subsidiaries?
The following companies are subsidiares of 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.
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How can I contact Bank of Nova Scotia?

Bank of Nova Scotia's mailing address is 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1. The official website for the company is www.scotiabank.com. The bank can be reached via phone at (416) 866-6161, via email at investor.relations@scotiabank.com, or via fax at 416-866-3750.

This page (NYSE:BNS) was last updated on 12/4/2022 by MarketBeat.com Staff