BNS Stock Overview

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. More details

BNS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	1/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 52.3% below our estimate of its fair value

Earnings are forecast to grow 11.36% per year

Pays a reliable dividend of 6.37%

Risk Analysis

No risks detected for BNS from our risk checks.

Community vs My Fair Value

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Bank of Nova Scotia

AnalystConsensusTarget

Consensus Narrative from 15 Analysts

Mortgage+ And Scene+ Initiatives Will Strengthen Future Client Acquisition And Earnings Stability

Key Takeaways Strategic redeployment of capital and focus on higher-growth markets are enhancing earnings, shareholder value, and return on equity. Emphasis on core deposits and multiproduct client growth supports funding, margin expansion, and noninterest income boosts.

View narrative

CA$78.40

15.1% undervalued

15.56%

Revenue growth p.a.

127

3 days ago

View Bank of Nova Scotia Community

The Bank of Nova Scotia Competitors

Bank of Montreal

TSX:BMO

CA$92.4b

Canadian Imperial Bank of Commerce

TSX:CM

CA$75.8b

Toronto-Dominion Bank

TSX:TD

CA$142.2b

National Bank of Canada

TSX:NA

CA$44.2b

Price History & Performance

Summary of share price highs, lows and changes for Bank of Nova Scotia
Historical stock prices
Current Share Price	CA$66.54
52 Week High	CA$80.14
52 Week Low	CA$60.68
Beta	1.04
1 Month Change	-4.25%
3 Month Change	-13.51%
1 Year Change	-2.06%
3 Year Change	-24.02%
5 Year Change	15.92%
Change since IPO	4,102.53%

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$1.06

Mar 14

Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

Feb 28

Recent updates

Shareholder Returns

	BNS	CA Banks	CA Market
7D	-2.7%	-3.6%	-5.7%
1Y	-2.1%	5.4%	2.5%

Return vs Industry: BNS underperformed the Canadian Banks industry which returned 5.4% over the past year.

Return vs Market: BNS underperformed the Canadian Market which returned 2.5% over the past year.

Price Volatility

Is BNS's price volatile compared to industry and market?
BNS volatility
BNS Average Weekly Movement	2.1%
Banks Industry Average Movement	2.8%
Market Average Movement	8.6%
10% most volatile stocks in CA Market	17.2%
10% least volatile stocks in CA Market	3.6%

Stable Share Price: BNS has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: BNS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1832	88,722	L. Thomson	www.scotiabank.com

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.

The Bank of Nova Scotia Fundamentals Summary

How do Bank of Nova Scotia's earnings and revenue compare to its market cap?
BNS fundamental statistics
Market cap	CA$82.88b
Earnings (TTM)	CA$6.25b
Revenue (TTM)	CA$28.86b

13.3x

P/E Ratio

1.0x

P/B Ratio

Is BNS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BNS income statement (TTM)
Revenue	CA$28.86b
Cost of Revenue	CA$0
Gross Profit	CA$28.86b
Other Expenses	CA$22.62b
Earnings	CA$6.25b

Last Reported Earnings

Jan 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	5.01
Gross Margin	100.00%
Net Profit Margin	21.64%
Debt/Equity Ratio	335.3%

How did BNS perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

84%

Payout Ratio

Does BNS pay a reliable dividends?

See BNS dividend history and benchmarks

When do you need to buy BNS by to receive an upcoming dividend?
Bank of Nova Scotia dividend dates
Ex Dividend Date	Apr 01 2025
Dividend Pay Date	Apr 28 2025
Days until Ex dividend	5 days
Days until Dividend pay date	22 days

Does BNS pay a reliable dividends?

See BNS dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/06 07:56
End of Day Share Price	2025/04/04 00:00
Earnings	2025/01/31
Annual Earnings	2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Bank of Nova Scotia is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Will Chien	Accountability Research Corporation
John Aiken	Barclays
Brian Morton	Barclays

BNS Stock Overview

Rewards

Risk Analysis

Mortgage+ And Scene+ Initiatives Will Strengthen Future Client Acquisition And Earnings Stability

The Bank of Nova Scotia Competitors

TSX:BMO

CA$92.4b

TSX:CM

CA$75.8b

TSX:TD

CA$142.2b

TSX:NA

CA$44.2b

Price History & Performance

Recent News & Updates

Scotiabank Appoints Pablo Elek as CEO for Mexico Unit

Upcoming dividend of CA$1.06 per share

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$1.06

Scotiabank Announces the Launch of the New Scotiabank Passport Visa Infinite Privilege Card

Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

First quarter dividend of CA$1.06 announced

Recent updates

Scotiabank Appoints Pablo Elek as CEO for Mexico Unit

Upcoming dividend of CA$1.06 per share

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$1.06

Scotiabank Announces the Launch of the New Scotiabank Passport Visa Infinite Privilege Card

Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

First quarter dividend of CA$1.06 announced

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Scotiabank Announces Dividend, Payable on April 28, 2025

Now 22% undervalued after recent price drop

The Bank of Nova Scotia to Report Q1, 2025 Results on Feb 25, 2025

The Bank of Nova Scotia to Report Q1, 2025 Results on Feb 25, 2025

Now 20% undervalued

Banco Davivienda S.A. (BVC:PFDAVVNDA) agreed to acquire banking operations in Colombia, Costa Rica and Panama from The Bank of Nova Scotia (TSX:BNS).

Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

Upcoming dividend of CA$1.06 per share

Global Wealth Management Focus And Digital Innovations Propel Earnings Growth

Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Fourth quarter dividend of CA$1.06 announced

The Bank of Nova Scotia, Annual General Meeting, Apr 08, 2025

The Bank of Nova Scotia, Annual General Meeting, Apr 08, 2025

Full year 2024 earnings: EPS misses analyst expectations

The Bank of Nova Scotia Announces Dividend on Outstanding Shares, Payable on January 29, 2025

Price target increased by 7.7% to CA$77.58

Scotiabank Appoints Steven Van Wyk to Its Board of Directors

Upcoming dividend of CA$1.06 per share

Jean-François Courville to Join Scotiabank as President, Quebec, Effective November 12, 2024

Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Third quarter dividend of CA$1.06 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

the Bank of Nova Scotia Announces Dividend on Outstanding Shares, Payable on October 29, 2024

Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

Second quarter dividend of CA$1.06 announced

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Scotiabank Announces Dividend on Outstanding Shares, Payable on July 29, 2024

Scotiabank Appoints Travis Machen as CEO and Group Head of its Global Banking and Markets (GBM) Business, Effective May 6, 2024

Upcoming dividend of CA$1.06 per share

First quarter dividend of CA$1.06 announced

Scotiabank Announces Dividend on Outstanding Shares, Payable on April 26, 2024

New minor risk - Shareholder dilution

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Scotiabank Announces Executive Changes

Scotiabank and Home Hardware Team Up to Launch the New Scotia Home Hardware Pro Visa Business Card

Upcoming dividend of CA$1.06 per share at 6.7% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

The Bank of Nova Scotia to Report Q3, 2024 Results on Aug 27, 2024

Scotiabank Announces Executive Changes

Canadian Tire Corporation, Limited (TSX:CTC.A) acquired 20% equity interest in Canadian Tire Services Limited from The Bank of Nova Scotia (TSX:BNS). in a transaction valued at CAD 895 million.

Upcoming dividend of CA$1.06 per share at 6.7% yield

The Bank of Nova Scotia Appoints Paul Baroni as Chief Financial Officer

Third quarter 2023 earnings: EPS exceeds analyst expectations

The Bank of Nova Scotia to Report Q4, 2023 Results on Nov 28, 2023

Scotiabank Supports Canadians with the Launch of the First Home Buyers Savings Account

The Bank of Nova Scotia to Report Q3, 2023 Results on Aug 29, 2023

Laurentian Bank's Shares Fall After Media Report of Potential Top Bidders Bowed Out

Scotiabank Announces Executive Appointments

Upcoming dividend of CA$1.06 per share at 6.6% yield

Independent Director recently bought CA$147k worth of stock