The Bank of Nova Scotia (BNS)

NYSE: BNS · Real-Time Price · USD
53.61
+0.19 (0.36%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.36%
Market Cap 65.95B
Revenue (ttm) 21.16B
Net Income (ttm) 5.23B
Shares Out 1.23B
EPS (ttm) 4.22
PE Ratio 12.61
Forward PE 10.87
Dividend $3.01 (5.62%)
Ex-Dividend Date Jan 7, 2025
Volume 1,061,995
Open 53.30
Previous Close 53.42
Day's Range 52.78 - 53.89
52-Week Range 43.68 - 57.07
Beta 0.98
Analysts Sell
Price Target 72.00 (+34.3%)
Earnings Date Dec 3, 2024

About BNS

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 solu... [Read more]

Sector Financials
Founded 1832
Employees 90,979
Stock Exchange NYSE
Ticker Symbol BNS
Full Company Profile

Financial Performance

In 2024, The Bank of Nova Scotia's revenue was 29.48 billion, an increase of 1.11% compared to the previous year's 29.16 billion. Earnings were 7.29 billion, an increase of 5.30%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BNS stock is "Sell." The 12-month stock price forecast is $72.0, which is an increase of 34.30% from the latest price.

Price Target
$72.0
(34.30% upside)
Analyst Consensus: Sell
Stock Forecasts

News

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven ...

3 days ago - Seeking Alpha

Fed clears KeyCorp's $2 billion cash infusion from Scotiabank earlier than expected and its stock is up

Analyst hails Fed's quicker-than-expected OK of the investment in KeyCorp from Bank of Nova Scotia as a good sign for more deal-making

Other symbols: KEY
8 days ago - Market Watch

KEYCORP AND SCOTIABANK RECEIVE REGULATORY APPROVAL TO COMPLETE STRATEGIC MINORITY INVESTMENT

CLEVELAND , Dec. 13, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that all required regulatory approvals have been received for completion of The Bank of Nova Scotia's ("Scotiabank") strat...

Other symbols: KEY
8 days ago - PRNewsWire

Fed approves Scotiabank bid to acquire voting shares in KeyCorp

The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp , as the Canadian bank looks to boost it...

Other symbols: KEY
9 days ago - Reuters

Scotiabank: Unlock Value With A 5.4% Yield And Strategic Growth

Scotiabank's diversified revenue streams and strategic focus on value over volume have driven strong fiscal Q4 2024 results. The bank's robust balance sheet, with a 13.1% CET1 capital ratio and A+ cre...

12 days ago - Seeking Alpha

Scotiabank: Still Time To Buy This High-Yielding Blue-Chip Now

Scotiabank's total returns have continued to outpace the S&P 500 index in recent months. The Canadian bank's fiscal fourth-quarter results backed up a positive outlook for at least the next couple of ...

12 days ago - Seeking Alpha

The Bank of Nova Scotia (BNS) Q4 2024 Earnings Call Transcript

The Bank of Nova Scotia (NYSE:BNS) Q4 2024 Earnings Call Transcript December 3, 2024 8:00 AM ET Company Participants John McCartney - Head of IR Scott Thomson - President and CEO Raj Viswanathan - CF...

18 days ago - Seeking Alpha

Scotiabank's Earnings Fall Short as it Takes Charge on Chinese Bank Investment

The Bank of Nova Scotia (BNS) reported fourth-quarter earnings that narrowly missed analyst estimates on Tuesday.

18 days ago - Investopedia

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

4 weeks ago - Seeking Alpha

November's 5 Dividend Growth Stocks With 4.91%+ Yields

Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with rela...

Other symbols: BMOCMNNNOMFRLJRYTD
4 weeks ago - Seeking Alpha

My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...

2 months ago - Seeking Alpha

Strategically Building A $100,000 Dividend Portfolio With September's Top 10 High-Yield Picks

Combining ETFs and individual companies can offer many benefits for investors, especially for those who aim to balance dividend income and dividend growth. The September 2024 Top Dividend Picks Portfo...

3 months ago - Seeking Alpha

The Bank of Nova Scotia (BNS) Barclays 22nd Annual Global Financial Services Conference (Transcript)

The Bank of Nova Scotia (NYSE:BNS) Barclays 22nd Annual Global Financial Services Conference September 9, 2024 2:00 PM ET Company Participants Aris Bogdaneris - Group Head of Canadian Banking Confere...

3 months ago - Seeking Alpha

Buy Low, Sell High, Get Paid To Wait (5 Easy Examples)

Buy Low, Sell High, Get Paid To Wait: Our simple investment philosophy focuses on purchasing assets at a discount to their intrinsic value. Key factors for maximizing profit include industry growth, m...

Other symbols: AMGNCVSIPMOPFEPMSTLA
3 months ago - Seeking Alpha

Big Banks Set To Soar, I Am Loading Up On Up To 8% Yields

Interest rate cuts signal weakening economic fundamentals, aimed at stimulating the economy and improving affordability. Rate cuts benefit banks by reducing defaults, enabling them to release reserves...

Other symbols: BTO
3 months ago - Seeking Alpha

Bank of Nova Scotia (BNS) Scotiabank 25th Annual Global Banking and Markets Financials Summit (Transcript)

Bank of Nova Scotia (NYSE:BNS) Scotiabank 25th Annual Global Banking and Markets Financials Summit September 4, 2024 9:00 AM ET Company Participants Scott Thomson - President and Chief Executive Offi...

3 months ago - Seeking Alpha

My Top 10 High Dividend Yield Companies For September 2024: One Yields Above 9%

Identifying companies that pay sustainable dividends is crucial for generating an annually increasing dividend income, as well as enhancing the likelihood of successful investment outcomes. Today, I w...

Other symbols: ARCCBACCCVXDEOJPMO
3 months ago - Seeking Alpha

KeyCorp and Scotiabank Complete Initial Tranche of Strategic Minority Investment

CLEVELAND , Aug. 30, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed the initial purchase of KeyCorp's common stock with an investmen...

Other symbols: KEY
4 months ago - PRNewsWire

10 High-Yield A-Rated Blue-Chips For Potentially Scary Times Ahead

The economy is stable but cooling, with the labor market showing signs of slowing down. GDP growth is likely to keep falling, and individual companies could suffer. Long-term investors should focus on...

Other symbols: ABTADBECICNIEPDUNH
4 months ago - Seeking Alpha

Scotiabank: This 6%-Yielding Dividend Stock Remains Buyable Now

Shares of Scotiabank have outperformed the S&P 500 in the last couple of months. The Canadian bank's growth outlook remains encouraging beyond fiscal year 2024. Scotiabank's financial health supports ...

4 months ago - Seeking Alpha

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks includ...

4 months ago - Seeking Alpha

The Bank of Nova Scotia (BNS) Q3 2024 Earnings Call Transcript

The Bank of Nova Scotia (NYSE:BNS) Q3 2024 Earnings Conference Call August 27, 2024 8:15 AM ET Company Participants John McCartney - Head of IR Scott Thomson - President and CEO Raj Viswanathan - CFO...

4 months ago - Seeking Alpha

Scotiabank Profit Falls as Higher Costs Offset Improved Revenue

The Bank of Nova Scotia (BNS) on Tuesday reported higher third-quarter revenue but lower profit than last year, as its costs and provisions for credit losses (PCL) rose.

4 months ago - Investopedia

My Top 10 High Dividend Yield Companies For August 2024

Today, I will present you with 10 dividend income-producing companies to consider investing in during this month of August. Each carefully selected company pays an attractive dividend, holds potential...

Other symbols: ARCCCVSHSBCMOOPEPVICI
4 months ago - Seeking Alpha

August's 5 Dividend Growth Stocks With 5.22%+ Yields

Every month, we screen for dividend growth stocks that can deliver consistent dividend growth but also pay out an attractive and elevated yield. We screen for not only dividend consistency and dividen...

Other symbols: ENBOMFTDVICI
4 months ago - Seeking Alpha