The Bank of Nova Scotia (BNS)

NYSE: BNS · IEX Real-Time Price · USD
47.29
-0.30 (-0.63%)
At close: Feb 26, 2024, 4:00 PM
47.32
+0.03 (0.06%)
After-hours: Feb 26, 2024, 7:20 PM EST
-0.63%
Market Cap 57.51B
Revenue (ttm) 23.58B
Net Income (ttm) 5.10B
Shares Out 1.21B
EPS (ttm) 4.28
PE Ratio 11.05
Forward PE 7.27
Dividend $3.18 (6.74%)
Ex-Dividend Date Jan 2, 2024
Volume 1,014,640
Open 47.49
Previous Close 47.59
Day's Range 47.01 - 47.72
52-Week Range 39.80 - 53.11
Beta 0.95
Analysts Hold
Price Target 68.00 (+43.79%)
Earnings Date Feb 27, 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 2023, BNS's revenue was 32.31 billion, an increase of 2.84% compared to the previous year's 31.42 billion. Earnings were 6.99 billion, a decrease of -27.60%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BNS stock is "Hold." The 12-month stock price forecast is $68.0, which is an increase of 43.79% from the latest price.

Price Target
$68.0
(43.79% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Scotiabank's Mexico bet eyeing $1.6 trillion N.America trade is riddled with risks

Bank of Nova Scotia (Scotiabank) is eying North America's booming $1.6 trillion trade with its renewed Mexico bet, a strategy that offers hope but brings risks that have seen many global lenders inclu...

2 months ago - Reuters

Scotiabank's new CEO must sell investors on his plan to boost Latam profits

Bank of Nova Scotia CEO Scott Thomson will face shareholders for the first time on Wednesday since taking the job with expectations running high for the Canadian lender to outline a plan to fix its st...

2 months ago - Reuters

Scotiabank misses quarterly profit forecasts, sees 'marginal' growth in 2024

Bank of Nova Scotia on Tuesday forecast its earnings will rise "marginally" in 2024, after the Canadian lender missed fourth-quarter profit estimates as uncertain economic climate prompted it to set a...

3 months ago - Reuters

Scotiabank Announces Senior Leadership Appointments

Barb Mason, Group Head and Chief Human Resources Officer (CHRO) to retire at the end of 2023 Jenny Poulos appointed to Deputy CHRO, effective October 2, 2023, and CHRO, effective December 4, 2023 Aris...

6 months ago - PRNewsWire

These 20 dividend-paying stocks get a double boost from declining interest rates

Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.

Other symbols: CCICFGCMACOLBDOWFITBFL
6 months ago - Market Watch

Bank of Nova Scotia posts second-quarter profit decline on higher provisions

The Bank of Nova Scotia reported a drop in second-quarter profit on Wednesday after the Canadian lender set aside higher provisions.

9 months ago - Reuters

Banks win dismissal of U.S. silver price-fixing litigation

A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC Holdings Plc and Bank of Nova Scotia of conspiring to fix silver prices.

Other symbols: DBHSBC
10 months ago - Reuters

HSBC, Scotiabank hit with US penalties for recordkeeping violations

U.S. regulators hit units of Bank of Nova Scotia and HSBC Holdings with civil penalties for widespread recordkeeping violations through the use of personal apps for work communications.

Other symbols: HSBC
10 months ago - Reuters

3 Canadian Banks That Just Increased Their Dividends

Canadian financial institutions Royal Bank of Canada (NYSE: RY), Bank of Montreal (NYSE: BMO), and Bank of Novia Scotia (NYSE: BNS) all raised their dividends since February 28, as MarketBeat's data o...

Other symbols: BMORY
1 year ago - MarketBeat

Scotiabank names Thomson as chief executive officer

Bank of Nova Scotia said on Monday it appointed Scott Thomson to succeed Chief Executive Officer Brian Porter, at a time when the Canadian banking sector is struggling with market turmoil and rising i...

1 year ago - Reuters

Scotiabank announces Brian J. Porter's retirement, names Scott Thomson as President and Chief Executive Officer

TORONTO , Sept. 26, 2022 /PRNewswire/ - Scotiabank today announced Brian Porter's decision to retire as President and Chief Executive Officer, effective January 31, 2023.

1 year ago - PRNewsWire

Bank of Nova Scotia misses quarterly profit estimates

Bank of Nova Scotia reported third-quarter profit a touch below estimates on Tuesday, but earnings rose from a year earlier lifted by continued strength in lending both at home and in its internationa...

1 year ago - Reuters

Canadian banks face Q3 earnings declines on provisions, markets woes

Canadian banks are expected to post declines in profits on average in the third quarter as a murky economic outlook drives up provisions for credit losses (PCL) while market turmoil pressures capital ...

Other symbols: BMOCMRYTD
1 year ago - Reuters

Scotiabank and BNP Paribas launch structured products on MSCI Food Revolution and Ageing Society Indexes

MEXICO CITY--(BUSINESS WIRE)--Scotiabank announced the launch of Quanto MXN-denominated structured notes linked to MSCI Food Revolution and Ageing Society Indexes. The offerings mark the first-ever la...

1 year ago - Business Wire

CORRECTING and REPLACING Scotiabank Partners with National Theatre School of Canada to Support Drama in Education and the Next Generation of Talent Nationwide

MONTREAL, Quebec--(BUSINESS WIRE)--Please replace the release dated June 28, 2022 with the following corrected version due to multiple revisions. The updated release reads: SCOTIABANK PARTNERS WITH NA...

1 year ago - Business Wire

Scotiabank Partners with National Theatre School of Canada to Support Drama in Education and the Next Generation of Talent Nationwide

MONTREAL, Quebec--(BUSINESS WIRE)--The National Theatre School of Canada (NTS) today announced a partnership with Scotiabank, beginning next year. The three-year funding commitment will support high s...

1 year ago - Business Wire

Citi, Bank of America among 12 banks to provide financing for JFK Terminal One construction

A total of 12 banks including U.S. lenders Bank of America Corp. BAC, -3.88% and Citigroup Inc. C, -4.52% have teamed up to provide financing to build the new $9.5 billion, 2.4 million square foot Ter...

1 year ago - Market Watch

Scotiabank CEO criticizes government bank tax, misses AGM due to COVID

Bank of Nova Scotia Chief Executive Officer Brian Porter criticised the Canadian government's proposed bank tax in prepared remarks to shareholders on Tuesday, calling them a "knee-jerk reaction that ...

2 years ago - Reuters

Canada's Scotiabank, BMO join rivals in beating profit expectations

Bank of Nova Scotia (Scotiabank) and Bank of Montreal (BMO) joined their Canadian rivals in beating analysts' expectations for first-quarter profits on Tuesday.

Other symbols: BMO
2 years ago - Reuters

Scotiabank to begin letting employees return to office in mid-March

Bank of Nova Scotia said on Friday it will let employees return to the majority of its Canadian offices on a voluntary basis from March 14 as COVID-19 curbs lift across the country.

2 years ago - Reuters

Scotiabank investors see Citi's Mexican unit as good fit, CEO downplays interest

Bank of Nova Scotia (Scotiabank) shareholders are urging Canada's No. 3 lender to seriously examine the Mexican consumer banking unit being sold by Citigroup, arguing it would benefit from scaling up ...

2 years ago - Reuters

PureFacts Announces the Closing of a $37 Million Financing Round

TORONTO--(BUSINESS WIRE)--PureFacts Financial Solutions announces the closing of $37 million in strategic financing from Canadian Business Growth Fund (CBGF), The Bank of Nova Scotia and Round13 Capit...

2 years ago - Business Wire

4 Bargain-Priced Canadian Financial Stocks

If you screen for New York Stock Exchange-traded stocks with price-earnings ratios of less than 20 which pay a dividend of greater than 3%, you find these four Canadian names in the financials sector....

Other symbols: BMOCMMFC
2 years ago - GuruFocus

Canadian Banks: Safe Place to Park Cash

Canadian banks operate within a government-protected oligopoly. While they are tightly regulated by the federal government, they are widely considered to be among the safest in the world and a source ...

Other symbols: BMOCMRYTD
2 years ago - GuruFocus

Scotiabank and BestEx Research to Build Next Generation Algorithmic Trading Platform Specifically Designed for the Canadian Equities Market

TORONTO and STAMFORD, Conn., Dec. 8, 2021 /PRNewswire/ - BestEx Research Group, LLC, a provider of high-performance algorithmic execution and measurement solutions for equities, futures, and foreign e...

2 years ago - PRNewsWire