Bank of Nova Scotia Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:BNS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Dec 24	BuyCA$434,390	Lynn Patterson	Individual	5,500	CA$78.98
09 Dec 24	SellCA$524,591	Philip Thomas	Individual	6,632	CA$79.10
06 Dec 24	BuyCA$249,756	Jacqueline Allard	Individual	3,140	CA$79.54
05 Dec 24	BuyCA$78,173	Steven Van Wyk	Individual	1,000	CA$78.17
05 Dec 24	BuyCA$270,970	Calin Rovinescu	Individual	3,500	CA$77.42
29 Aug 24	BuyCA$299,684	Michael Medline	Individual	4,529	CA$66.17
06 Mar 24	BuyCA$33,720	Nora Aufreiter	Individual	500	CA$67.44
04 Mar 24	BuyCA$132,476	Calin Rovinescu	Individual	2,000	CA$66.24
29 Feb 24	BuyCA$196,470	Michael Medline	Individual	3,000	CA$65.49

Insider Trading Volume

Insider Buying: BNS insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BNS?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	192	0.0000156%
Individual Insiders	176,230	0.0143%
State or Government	703,382	0.0572%
General Public	608,948,519	49.5%
Institutions	619,741,274	50.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 37.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.91%	BMO Asset Management Corp.	60,336,460	CA$4.7b	-13.1%	1.26%
4.18%	Royal Bank of Canada, Banking & Securities Investments	51,451,736	CA$4.0b	3.05%	1.39%
4.1%	The Vanguard Group, Inc.	50,393,658	CA$3.9b	2.14%	0.04%
2.39%	RBC Global Asset Management Inc.	29,415,937	CA$2.3b	3.99%	0.98%
2.28%	Canadian Imperial Bank of Commerce, Asset Management Arm	28,067,937	CA$2.2b	-4.48%	3.32%
1.52%	National Bank Investments Inc.	18,673,937	CA$1.5b	-3.75%	1.3%
1.52%	TD Asset Management, Inc.	18,657,241	CA$1.5b	0.07%	0.73%
1.44%	RBC Dominion Securities Inc., Asset Management Arm	17,670,130	CA$1.4b	-2.29%	1.07%
1.43%	Toronto-Dominion Bank, Banking Investments	17,585,113	CA$1.4b	-6.79%	1.45%
1.33%	1832 Asset Management L.P.	16,351,993	CA$1.3b	8.32%	1.18%
1.26%	Norges Bank Investment Management	15,544,282	CA$1.2b	0%	0.07%
1.24%	Mackenzie Financial Corporation	15,256,935	CA$1.2b	1.09%	0.89%
1.17%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	14,378,574	CA$1.1b	0.26%	4.33%
1.16%	Scotiabank Global Banking and Markets, Asset Management Division	14,277,241	CA$1.1b	-4.55%	4.19%
1.06%	Goldman Sachs Group, Investment Banking and Securities Investments	13,079,812	CA$1.0b	152%	0.34%
1.01%	Jarislowsky, Fraser Limited	12,392,247	CA$971.2m	-2.31%	3.19%
0.96%	Healthcare of Ontario Pension Plan	11,757,961	CA$921.5m	24.9%	1.55%
0.82%	CIBC Asset Management Inc.	10,074,518	CA$789.5m	2.45%	1.11%
0.77%	Legal & General Investment Management Limited	9,427,464	CA$738.8m	1.57%	0.09%
0.63%	Connor, Clark & Lunn Investment Management Ltd.	7,710,790	CA$604.3m	-20.9%	1.91%
0.59%	Beutel Goodman & Company Ltd.	7,203,551	CA$564.5m	-2.15%	1.78%
0.46%	Merrill Lynch & Co. Inc., Banking Investments	5,688,832	CA$445.8m	13.4%	0.11%
0.46%	Geode Capital Management, LLC	5,640,471	CA$442.0m	10.3%	0.02%
0.45%	British Columbia Investment Management Corporation	5,480,486	CA$429.5m	260%	1.68%
0.43%	Dimensional Fund Advisors LP	5,231,871	CA$410.0m	2.76%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 05:03
End of Day Share Price	2024/12/18 00:00
Earnings	2024/10/31
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 here.

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 .

Analyst Sources

The Bank of Nova Scotia is covered by 32 analysts. 10 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
Ishan Majumdar	Baptista Research
John Aiken	Barclays
Brian Morton	Barclays