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S&P 500   5,088.80
DOW   39,131.53
QQQ   437.56
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
First it was Tyson stock, now this food company is set to rally
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Is CRISPR Therapeutics the NVIDIA of gene editing?
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
S&P 500   5,088.80
DOW   39,131.53
QQQ   437.56
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
First it was Tyson stock, now this food company is set to rally
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Is CRISPR Therapeutics the NVIDIA of gene editing?
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
S&P 500   5,088.80
DOW   39,131.53
QQQ   437.56
4 stocks benefitting from NVIDIA's explosive growth
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Analysts boosted Snowflake stock, big firms are buying now
First it was Tyson stock, now this food company is set to rally
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
Is CRISPR Therapeutics the NVIDIA of gene editing?
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Blue Chips And Billionaires Quietly Investing In "The New Oil" (Ad)
6 reasons to buy Teva Pharmaceuticals stock sooner than later
3 Chinese stocks poised for rebound
TSE:BNS

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

C$64.26
+0.37 (+0.58%)
(As of 02/23/2024 05:43 PM ET)
Today's Range
C$63.99
C$64.48
50-Day Range
C$61.15
C$64.50
52-Week Range
C$55.20
C$71.90
Volume
2.84 million shs
Average Volume
3.70 million shs
Market Capitalization
C$77.75 billion
P/E Ratio
11.12
Dividend Yield
6.60%
Price Target
C$65.34

Bank of Nova Scotia MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.93 Rating Score
Upside/​Downside
1.7% Upside
C$65.34 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Bank of Nova Scotia in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.17 out of 5 stars


BNS stock logo

About Bank of Nova Scotia Stock (TSE:BNS)

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 Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it 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 alternatives, and institutional funds. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

BNS Stock Price History

BNS Stock News Headlines

Blue Chips And Billionaires Quietly Investing In "The New Oil"
They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.
Blue Chips And Billionaires Quietly Investing In "The New Oil"
They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.
Bank of Nova Scotia (BNS) Scheduled to Post Earnings on Tuesday
Bank of Nova Scotia (TSE:BNS) PT Raised to C$65.00
Bank of Nova Scotia (BNS)
RBC Capital Reaffirms Their Hold Rating on Bank Of Nova Scotia (BNS)
Bank of Nova Scotia
Better Buy: TD Bank Stock or Scotiabank?
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Ex-Dividend for 1/29 Dividend
1/02/2024
Dividend Payable
1/29/2024
Today
2/25/2024
Next Earnings (Confirmed)
2/27/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
89,483
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$65.34
High Stock Price Target
C$77.55
Low Stock Price Target
C$56.00
Potential Upside/Downside
+1.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.93
Research Coverage
14 Analysts

Profitability

Net Income
C$6.99 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$29.25 billion
Cash Flow
C$320.66 per share
Book Value
C$63.12 per share

Miscellaneous

Outstanding Shares
1,210,000,000
Free Float
N/A
Market Cap
C$77.75 billion
Optionable
Not Optionable
Beta
0.95
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Key Executives

  • Mr. L. Scott Thomson (Age 54)
    President, CEO & Director
    Comp: $319.72k
  • Mr. Rajagopal Viswanathan
    Group Head & CFO
  • Mr. Jake P. Lawrence
    CEO and Group Head of Global Banking & Markets
  • Dr. Michael Zerbs Ph.D.
    Group Head of Technology & Operations
  • Mr. John McCartney
    Head of Investor Relations
  • Mr. Ian Arellano
    Executive VP & General Counsel
  • Ms. Nicole Frew
    Executive VP & Chief Compliance Officer
  • Ms. Meigan Terry
    Senior VP, Chief Sustainability of Social Impact & Communications Officer
  • Ms. Jenny Poulos
    Chief Human Resources Officer
  • Ms. Anya M. Schnoor B.A.
    M.B.A., Executive Vice President of Caribbean, Central America

Should I Buy Bank of Nova Scotia Stock? BNS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Bank of Nova Scotia was last updated on Wednesday, February 21, 2024 at 2:58 PM.

Pros

Here are some ways that investors could benefit from investing in The Bank of Nova Scotia:

  • The Bank of Nova Scotia provides various banking products and services in multiple countries, offering diversification opportunities.
  • The company offers a wide range of financial products, including mutual funds, exchange traded funds, liquid alternatives, and institutional funds.

Cons

Investors should be bearish about investing in The Bank of Nova Scotia for these reasons:

  • The stock price of The Bank of Nova Scotia may be volatile, impacting potential returns.














BNS Stock Analysis - Frequently Asked Questions

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

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 2 sell ratings, 11 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" BNS shares.
View BNS analyst ratings
or view top-rated stocks.

What is Bank of Nova Scotia's stock price target for 2024?

14 brokerages have issued twelve-month target prices for Bank of Nova Scotia's stock. Their BNS share price targets range from C$56.00 to C$77.55. On average, they predict the company's stock price to reach C$65.34 in the next year. This suggests a possible upside of 1.7% 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 2024?

Bank of Nova Scotia's stock was trading at C$64.50 on January 1st, 2024. Since then, BNS shares have decreased by 0.4% and is now trading at C$64.26.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our BNS earnings forecast
.

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

The Bank of Nova Scotia (TSE:BNS) released its earnings results on Tuesday, November, 28th. The bank reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by $0.42. The bank had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.28 billion. Bank of Nova Scotia had a net margin of 25.33% and a trailing twelve-month return on equity of 9.81%.

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

Bank of Nova Scotia announced a quarterly dividend on Tuesday, January 2nd. Shareholders of record on Wednesday, January 3rd will be paid a dividend of 1.06 per share on Monday, January 29th. This represents a $4.24 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date is Tuesday, January 2nd.
Read our dividend analysis for BNS
.

Is Bank of Nova Scotia a good dividend stock?

Bank of Nova Scotia (TSE:BNS) pays an annual dividend of C$4.24 per share and currently has a dividend yield of 6.64%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BNS.

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 Toronto-Dominion Bank (TD), Freehold Royalties (FRU), Enbridge (ENB), Royal Bank of Canada (RY), Intact Financial (IFC), Constellation Software (CSU), Canadian Imperial Bank of Commerce (CM), Emera (EMA), Pembina Pipeline (PPL) and BCE (BCE).

How do I buy shares of Bank of Nova Scotia?

Shares of BNS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BNS) was last updated on 2/26/2024 by MarketBeat.com Staff