| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
BNS Overview
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.
Rewards
Risk Analysis
No risks detected for BNS from our risk checks.
Bank of Nova Scotia Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$78.19 |
| 52 Week High | CA$53.54 |
| 52 Week Low | CA$82.35 |
| Beta | 0.84 |
| 1 Month Change | -1.78% |
| 3 Month Change | -1.49% |
| 1 Year Change | 41.78% |
| 3 Year Change | 0.24% |
| 5 Year Change | 10.96% |
| Change since IPO | 1,795.52% |
Recent News & Updates
Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90
The Bank of Nova Scotia ( TSE:BNS ) has announced that it will pay a dividend of CA$0.90 per share on the 27th of...
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90
The board of The Bank of Nova Scotia ( TSE:BNS ) has announced that it will pay a dividend of CA$0.90 per share on the...
Shareholder Returns
| BNS | CA Banks | CA Market | |
|---|---|---|---|
| 7D | 0.2% | -0.3% | -0.6% |
| 1Y | 41.8% | 39.2% | 29.0% |
Return vs Industry: BNS exceeded the Canadian Banks industry which returned 39.2% over the past year.
Return vs Market: BNS exceeded the Canadian Market which returned 29% over the past year.
Price Volatility
| BNS volatility | |
|---|---|
| BNS Beta | 0.84 |
| Industry Beta | 0.92 |
| Market Beta | 1 |
Stable Share Price: BNS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BNS's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1832 | 90,833 | Brian Porter | https://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 Banking and Markets, and Global Wealth Management segments. 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 businesses and commercial customers, including automotive financing solutions to dealers and their customers.
Bank of Nova Scotia Fundamentals Summary
| BNS fundamental statistics | |
|---|---|
| Market Cap | CA$95.01b |
| Earnings (TTM) | CA$8.73b |
| Revenue (TTM) | CA$28.28b |
10.9x
P/E Ratio1.4x
P/B RatioIs BNS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BNS income statement (TTM) | |
|---|---|
| Revenue | CA$28.28b |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$28.28b |
| Expenses | CA$19.56b |
| Earnings | CA$8.73b |
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
Nov 30, 2021
| Earnings per share (EPS) | 7.19 |
| Gross Margin | 100.00% |
| Net Profit Margin | 30.85% |
| Debt/Equity Ratio | 249.1% |
How did BNS perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield50%
Payout RatioDoes BNS pay a reliable dividends?
See BNS dividend history and benchmarks| Bank of Nova Scotia dividend dates | |
|---|---|
| Ex Dividend Date | Oct 04 2021 |
| Dividend Pay Date | Oct 27 2021 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 38 days |
Does BNS pay a reliable dividends?
See BNS dividend history and benchmarksValuation
Is Bank of Nova Scotia undervalued compared to its fair value and its price relative to the market?
35.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BNS (CA$78.19) is trading below our estimate of fair value (CA$120.6)
Significantly Below Fair Value: BNS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BNS is good value based on its PE Ratio (10.9x) compared to the Canadian Banks industry average (11.2x).
PE vs Market: BNS is good value based on its PE Ratio (10.9x) compared to the Canadian market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: BNS is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: BNS is good value based on its PB Ratio (1.4x) compared to the CA Banks industry average (1.5x).
Future Growth
How is Bank of Nova Scotia forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
3.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BNS's forecast earnings growth (3% per year) is above the savings rate (1.5%).
Earnings vs Market: BNS's earnings (3% per year) are forecast to grow slower than the Canadian market (12.2% per year).
High Growth Earnings: BNS's earnings are forecast to grow, but not significantly.
Revenue vs Market: BNS's revenue (5.1% per year) is forecast to grow slower than the Canadian market (6.1% per year).
High Growth Revenue: BNS's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BNS's Return on Equity is forecast to be low in 3 years time (13.9%).
Past Performance
How has Bank of Nova Scotia performed over the past 5 years?
0.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNS has high quality earnings.
Growing Profit Margin: BNS's current net profit margins (30.8%) are higher than last year (26.7%).
Past Earnings Growth Analysis
Earnings Trend: BNS's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: BNS's earnings growth over the past year (25.1%) exceeds its 5-year average (0.4% per year).
Earnings vs Industry: BNS earnings growth over the past year (25.1%) underperformed the Banks industry 36.4%.
Return on Equity
High ROE: BNS's Return on Equity (12.9%) is considered low.
Financial Health
How is Bank of Nova Scotia's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BNS's Assets to Equity ratio (16.1x) is moderate.
Allowance for Bad Loans: BNS has a sufficient allowance for bad loans (128%).
Low Risk Liabilities: 73% of BNS's liabilities are made up of primarily low risk sources of funding.
Loan Level: BNS has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: BNS's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: BNS has an appropriate level of bad loans (0.7%).
Dividend
What is Bank of Nova Scotia current dividend yield, its reliability and sustainability?
4.60%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BNS's dividend (4.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.64%).
High Dividend: BNS's dividend (4.6%) is in the top 25% of dividend payers in the Canadian market (4.51%)
Stability and Growth of Payments
Stable Dividend: BNS's dividends per share have been stable in the past 10 years.
Growing Dividend: BNS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50%), BNS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BNS's dividends in 3 years are forecast to be well covered by earnings (45.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Brian Porter (63 yo)
7.83yrs
Tenure
CA$12,221,588
Compensation
Mr. Brian Johnston Porter, B.com., is President and Chief Executive Officer of Bank of Nova Scotia since November 2012 and since November 2013 respectively. He joined Bank of Nova Scotia in 1981. He served...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD9.59M) is above average for companies of similar size in the Canadian market ($USD5.88M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BNS's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: BNS's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BNS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Bank of Nova Scotia's employee growth, exchange listings and data sources
Key Information
- Name: The Bank of Nova Scotia
- Ticker: BNS
- Exchange: TSX
- Founded: 1832
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CA$95.011b
- Shares outstanding: 1.22b
- Website: https://www.scotiabank.com
Number of Employees
Location
- The Bank of Nova Scotia
- Bank of Nova Scotia Building
- 1709 Hollis Street
- Halifax
- Nova Scotia
- B3J 1W1
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:05 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/07/31 |
| Annual Earnings | 2020/10/31 |
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 here.