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TSE:BNS

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

C$71.97
-0.06 (-0.08%)
(As of 02/1/2023 11:28 AM ET)
Add
Compare
Today's Range
C$71.89
▼
C$72.37
50-Day Range
C$64.48
▼
C$72.03
52-Week Range
C$63.19
▼
C$95.00
Volume
718,715 shs
Average Volume
5.02 million shs
Market Capitalization
C$85.74 billion
P/E Ratio
8.97
Dividend Yield
5.79%
Price Target
C$81.65

BNS stock logo

About Bank of Nova Scotia (TSE:BNS) Stock

The Bank of Nova Scotia engages in the provision of various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through 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 941 branches and approximately 3,725 automated banking machines in Canada; and approximately 1,200 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

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BNS Stock News Headlines

January 30, 2023 | msn.com
Bank of Nova Scotia (BNS) Stock Moves -0.47%: What You Should Know
January 26, 2023 | finance.yahoo.com
Scotiabank hosts second annual employee Allyship Summit to support a diverse and inclusive workplace
February 1, 2023 | Investing Trends (Ad)
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January 25, 2023 | marketwatch.com
Bank of Nova Scotia stock rises Wednesday, outperforms market
January 25, 2023 | finance.yahoo.com
With 50% ownership, The Bank of Nova Scotia (TSE:BNS) boasts of strong institutional backing
January 25, 2023 | finance.yahoo.com
Scotiabank named one of Canada's Top Employers for Young People
January 24, 2023 | seekingalpha.com
Bank Of Nova Scotia Is Forming A Bottom And The 6% Yield Looks Enticing
January 24, 2023 | finance.yahoo.com
Introducing the 2023 Scotiabank Giller Prize Jury
February 1, 2023 | PressReach (Ad)
Top AI Tech Stock To Watch
Today's stock market news features a Robotics stock with blue sky potential.
January 21, 2023 | theglobeandmail.com
Closing Bell: Bank of Nova Scotia up on Friday (BNS)
January 9, 2023 | ca.finance.yahoo.com
Incoming Scotiabank CEO sees room to refine international operations
January 9, 2023 | seekingalpha.com
The Bank Of Nova Scotia (BNS) Canadian Bank CEO Conference (Transcript)
January 4, 2023 | uk.finance.yahoo.com
The Bank of Nova Scotia (BNS.MX)
December 29, 2022 | finance.yahoo.com
Scotia Global Asset Management announces final year-end reinvested distributions for the Scotia ETFs
December 29, 2022 | finance.yahoo.com
Scotia Global Asset Management announces final year-end cash distributions for the Scotia ETFs
December 21, 2022 | finance.yahoo.com
Scotia Global Asset Management announces estimated year-end reinvested distributions for the Scotia ETFs
December 21, 2022 | finance.yahoo.com
Scotia Global Asset Management announces estimated year-end cash distributions for the Scotia ETFs
December 14, 2022 | finance.yahoo.com
Scotiabank among top global financial institutions named to the Dow Jones Sustainability North America Index
December 8, 2022 | msn.com
Scotiabank Continues To Expect Bank of Canada's Next Move Will Be A Rate Cut Late In 2023
December 2, 2022 | finance.yahoo.com
The Banker magazine names Scotiabank Canada's Bank of the Year and gives global recognition to ScotiaRISE with the 2022 Banking in the Community Award
November 30, 2022 | markets.businessinsider.com
Analysts Conflicted on These Financial Names: Bank Of Nova Scotia (BNS) and Element Fleet Management (OtherELEEF)
November 30, 2022 | ca.finance.yahoo.com
Should You Buy Bank of Nova Scotia Stock Now?
November 30, 2022 | investing.com
Bank of Nova Scotia PT Lowered to Cdn$82 at National Bank Financial
November 30, 2022 | finance.yahoo.com
The Bank of Nova Scotia: Higher Rates Not Helping Scotiabank in Fiscal Fourth-Quarter Earnings
November 30, 2022 | seekingalpha.com
The Bank of Nova Scotia (BNS) Q4 2022 Earnings Call Transcript
November 30, 2022 | finance.yahoo.com
CANADA STOCKS-TSX gains as commodity prices rise; Scotiabank slips
November 29, 2022 | seekingalpha.com
The Bank of Nova Scotia Could Have Further To Fall
See More Headlines
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BNS Company Calendar

Last Earnings
11/29/2022
Ex-Dividend for 1/27 Dividend
1/03/2023
Dividend Payable
1/27/2023
Today
2/01/2023
Next Earnings (Estimated)
3/07/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Money Center Banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
TSE:BNS
CUSIP
N/A
CIK
N/A
Web
www.scotiabank.com
Phone
+1-416-8666161
Fax
N/A
Employees
89,782
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$81.65
High Stock Price Forecast
C$97.00
Low Stock Price Forecast
C$73.00
Forecasted Upside/Downside
+13.5%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
8.97
Forward P/E Ratio
8.33
P/E Growth
2.41
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
C$29.80 billion
Price / Sales
2.88
Cash Flow
C$359.13 per share
Price / Cash Flow
0.20
Book Value
C$61.21 per share
Price / Book
1.18

Miscellaneous

Outstanding Shares
1,191,376,000
Free Float
N/A
Market Cap
C$85.74 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Brian Johnston Porter A.M.P. (Age 64)
    B.Com., CEO & Director
    Comp: $3.82M
  • Mr. L. Scott Thomson (Age 52)
    Pres & Director
    Comp: $275k
  • Mr. 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 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

Key Competitors

View All Competitors













BNS Stock - Frequently Asked Questions

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

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last twelve months. There are currently 10 hold ratings and 1 buy rating 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?

11 analysts have issued twelve-month target prices for Bank of Nova Scotia's stock. Their BNS share price forecasts range from C$73.00 to C$97.00. On average, they anticipate the company's share price to reach C$81.65 in the next twelve months. This suggests a possible upside of 13.4% 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 2023?

Bank of Nova Scotia's stock was trading at C$66.34 at the beginning of the year. Since then, BNS stock has increased by 8.6% and is now trading at C$72.03.
View the best growth stocks for 2023 here.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our BNS earnings forecast.

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

The Bank of Nova Scotia (TSE:BNS) released its quarterly earnings results on Tuesday, November, 29th. The bank reported $2.06 earnings per share for the quarter, topping analysts' consensus estimates of $1.99 by $0.07. The bank earned $7.63 billion during the quarter, compared to analysts' expectations of $8.07 billion.

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, January 3rd. Stockholders of record on Friday, January 27th will be paid a dividend of 1.03 per share on Friday, January 27th. This represents a $4.12 annualized dividend and a yield of 5.72%. The ex-dividend date is Tuesday, January 3rd.
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$4.06 per share and currently has a dividend yield of 5.79%. BNS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.62%. 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).

What is Bank of Nova Scotia's stock symbol?

Bank of Nova Scotia trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BNS."

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.

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

One share of BNS stock can currently be purchased for approximately C$72.03.

How much money does Bank of Nova Scotia make?

Bank of Nova Scotia (TSE:BNS) has a market capitalization of C$85.81 billion and generates C$29.80 billion in revenue each year.

How many employees does Bank of Nova Scotia have?

The company employs 89,782 workers across the globe.

How can I contact Bank of Nova Scotia?

Bank of Nova Scotia's mailing address is 44 King St W, TORONTO, ON M5H 1H1, Canada. The official website for the company is www.scotiabank.com. The bank can be reached via phone at +1-416-8666161.

This page (TSE:BNS) was last updated on 2/1/2023 by MarketBeat.com Staff