Bank of Nova Scotia Ownership

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

Recent Insider Transactions

DB:BKN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Feb 25	Buy€332,942	L. Thomson	Individual	6,900	€48.25
19 Dec 24	Buy€51,667	Sandra Stuart	Individual	1,000	€51.67
11 Dec 24	Buy€292,979	Lynn Patterson	Individual	5,500	€53.27
09 Dec 24	Sell€351,102	Philip Thomas	Individual	6,632	€52.94
06 Dec 24	Buy€167,166	Jacqueline Allard	Individual	3,140	€53.24
05 Dec 24	Buy€52,717	Steven Van Wyk	Individual	1,000	€52.72
05 Dec 24	Buy€182,730	Calin Rovinescu	Individual	3,500	€52.21
29 Aug 24	Buy€200,719	Michael Medline	Individual	4,529	€44.32
28 Mar 24	Buy€10,248	Lynn Patterson	Individual	216	€47.44

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of BKN?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	192	0.0000154%
Individual Insiders	186,154	0.0149%
State or Government	705,514	0.0566%
Institutions	594,413,243	47.7%
General Public	650,226,897	52.2%

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

Top Shareholders

Top 25 shareholders own 36.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.56%	BMO Asset Management Corp.	69,212,553	€3.0b	14.7%	1.34%
4.12%	The Vanguard Group, Inc.	51,363,146	€2.2b	1.92%	0.04%
3.52%	Royal Bank of Canada, Banking & Securities Investments	43,853,373	€1.9b	-14.8%	1.03%
2.63%	RBC Global Asset Management Inc.	32,697,672	€1.4b	11.2%	0.99%
2.45%	Canadian Imperial Bank of Commerce, Asset Management Arm	30,454,527	€1.3b	8.5%	3.23%
1.83%	Toronto-Dominion Bank, Banking Investments	22,765,772	€993.0m	29.5%	2.33%
1.52%	TD Asset Management, Inc.	18,966,078	€827.3m	1.66%	0.68%
1.51%	RBC Dominion Securities Inc., Asset Management Arm	18,841,260	€821.8m	6.63%	1.04%
1.5%	National Bank Investments Inc.	18,636,547	€812.9m	-0.2%	1.14%
1.39%	1832 Asset Management L.P.	17,354,714	€757.0m	6.13%	1.17%
1.19%	Mackenzie Financial Corporation	14,783,625	€644.8m	-3.1%	0.72%
1.13%	Scotiabank Global Banking and Markets, Asset Management Division	14,024,260	€611.7m	-1.77%	3.63%
1.03%	Norges Bank Investment Management	12,879,797	€561.8m	-17.1%	0.05%
0.94%	Jarislowsky, Fraser Limited	11,750,934	€512.6m	-5.18%	2.89%
0.82%	CIBC Asset Management Inc.	10,259,279	€447.5m	1.83%	0.99%
0.75%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	9,384,370	€409.3m	-34.7%	2.7%
0.65%	Connor, Clark & Lunn Investment Management Ltd.	8,096,123	€353.1m	5%	1.73%
0.6%	Legal & General Investment Management Limited	7,505,065	€327.4m	2.06%	0.08%
0.6%	Geode Capital Management, LLC	7,433,171	€324.2m	31.8%	0.02%
0.52%	Beutel Goodman & Company Ltd.	6,492,912	€283.2m	-9.87%	1.48%
0.42%	JP Morgan Asset Management	5,286,252	€230.6m	3.43%	0.03%
0.41%	Dimensional Fund Advisors LP	5,149,870	€224.6m	-1.57%	0.04%
0.39%	CI Global Asset Management	4,825,476	€210.5m	-0.08%	0.48%
0.38%	IG Investment Management, Ltd.	4,776,563	€208.3m	0%	0.59%
0.36%	Manulife Asset Management	4,509,995	€196.7m	1.62%	0.16%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/14 08:13
End of Day Share Price	2025/03/14 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. 11 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