BNS:NYE-Bank Nova Scotia Halifax Pfd 3 (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 46.35

Change

0.00 (0.00)%

Market Cap

USD 65.02B

Volume

1.29M

Analyst Target

USD 72.27
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Bank of Nova Scotia is a diversified financial services institution that provides financial products and services to retail, commercial and corporate customers around the world.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-15 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
JPM JPMorgan Chase & Co

N/A

USD 565.72B
JPM-PD JPMorgan Chase & Co

N/A

USD 331.61B
JPM-PC JPMorgan Chase & Co

N/A

USD 329.78B
BML-PH Bank of America Corporation

N/A

USD 310.89B
BAC Bank of America Corp

N/A

USD 308.83B
BML-PG Bank of America Corporation

N/A

USD 307.26B
BAC-PE Bank of America Corporation

N/A

USD 279.96B
BML-PL Bank of America Corporation

N/A

USD 277.60B
BML-PJ Bank of America Corporation

N/A

USD 268.24B
BAC-PK Bank of America Corporation

N/A

USD 250.52B

ETFs Containing BNS

HCA:CA Hamilton Canadian Bank Me.. 27.19 % 0.00 %

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CAD 0.07B
RBNK:CA RBC Canadian Bank Yield I.. 25.51 % 0.33 %

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CAD 0.23B
CIC:CA CI Canadian Banks Covered.. 15.92 % 0.84 %

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CAD 0.19B
HEB:CA Hamilton Canadian Bank Eq.. 15.88 % 0.00 %

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CAD 0.64B
HBNK:CA Global X Equal Weight Can.. 15.72 % 0.00 %

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CAD 0.77B
CBNK:CA Mulvihill Canadian Bank E.. 12.91 % 0.00 %

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CAD 0.10B
ZWB-U:CA BMO Covered Call Canadian.. 10.75 % 0.00 %

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N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.28 % 0.00 %

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CAD 0.12B
CEW:CA iShares Equal Weight Banc.. 9.93 % 0.60 %

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CAD 0.19B
HMAX:CA Hamilton Canadian Financi.. 9.21 % 0.00 %

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CAD 0.78B
HEF:CA Horizons Enhanced Income .. 8.01 % 0.83 %

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CAD 0.16B
ESGA:CA BMO MSCI Canada ESG Leade.. 5.70 % 0.00 %

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CAD 0.09B
ZVC:CA BMO MSCI Canada Value Ind.. 5.14 % 0.40 %

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CAD 0.05B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 4.80 % 0.00 %

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CAD 2.86M
ICAE:CA Invesco S&P/TSX Canadian .. 4.78 % 0.00 %

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CAD 6.98M
TBNK:CA TD Canadian Bank Dividend.. 4.63 % 0.00 %

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CAD 0.01B
XCSR:CA iShares ESG Advanced MSCI.. 4.60 % 0.00 %

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CAD 0.21B
XESG:CA iShares ESG Aware MSCI Ca.. 4.52 % 0.00 %

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CAD 0.38B
IUTSF 4.35 % 0.00 %

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TMEC:CA TD Morningstar ESG Canada.. 4.13 % 0.00 %

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CAD 9.43M
ICTE:CA Invesco S&P/TSX Composite.. 3.92 % 0.00 %

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CAD 0.98M
ESGC:CA Invesco S&P/TSX Composite.. 3.89 % 0.00 %

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CAD 0.07B
RCDC:CA RBC Canadian Dividend Cov.. 3.88 % 0.00 %

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CAD 0.03B
HEX:CA Horizons Enhanced Income .. 3.66 % 0.84 %

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CAD 0.07B
FLCA Franklin FTSE Canada ETF 3.31 % 0.09 %

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USD 0.39B
ZIU:CA BMO S&P/TSX 60 Index ETF 3.05 % 0.00 %

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CAD 0.06B
QCE:CA Mackenzie Canadian Large .. 3.05 % 0.06 %

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CAD 0.12B
FCCV:CA Fidelity Canadian Value I.. 3.03 % 0.00 %

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CAD 0.17B
CSCA:LSE iShares VII Public Limite.. 2.98 % 0.00 %

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USD 0.99B
CCAU:LSE iShares VII PLC - iShares.. 2.96 % 0.00 %

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USD 1.07B
UB23:LSE UBS MSCI Canada UCITS CAD.. 2.96 % 0.00 %

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USD 1.15B
HCAD:LSE HSBC ETFs Public Limited .. 2.93 % 0.00 %

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USD 0.03B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 2.93 % 0.00 %

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USD 0.03B
UC87:LSE UBS(Lux)Fund Solutions .. 2.92 % 0.00 %

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USD 0.06B
SXR2:F iShares VII PLC - iShares.. 2.91 % 0.00 %

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USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 2.91 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 2.91 % 0.00 %

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USD 0.99B
EWC iShares MSCI Canada ETF 2.89 % 0.47 %

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USD 2.44B
HCAN:PA HSBC MSCI Canada UCITS ET.. 2.89 % 0.00 %

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USD 0.03B
H4ZR:F HSBC ETFs Public Limited .. 2.89 % 0.00 %

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USD 0.03B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 2.89 % 0.00 %

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USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 2.89 % 0.00 %

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USD 0.03B
UIM9:F UBS ETF SICAV - MSCI Cana.. 2.89 % 0.00 %

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USD 1.16B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 2.89 % 0.00 %

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USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 1.16B
CANUKD:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 4.73M
CAHCHA:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 0.06B
CAHUSA:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 0.05B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 2.89 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 2.89 % 0.00 %

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USD 1.27M
CDEF:CA Manulife Smart Defensive .. 2.49 % 0.00 %

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CAD 1.25M
QCN:CA Mackenzie Canadian Equity.. 2.45 % 0.06 %

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CAD 1.39B
PDIV:CA Purpose Enhanced Dividend.. 2.44 % 0.86 %

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CAD 0.06B
TUSB-U:CA TD Select U.S. Short Term.. 2.35 % 0.00 %

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CAD 8.25M
CDZ:CA iShares S&P/TSX Canadian .. 2.24 % 0.66 %

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CAD 0.85B
LCTD BlackRock World ex U.S. C.. 1.30 % 0.00 %

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USD 0.29B
UEFY:XETRA UBS - SBI Foreign AAA-BBB.. 1.02 % 0.00 %

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USD 0.45B
SF1CHA:SW 1.02 % 0.00 %

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N/A
F1ESG:SW UBS(Lux)Fund Solutions .. 1.02 % 0.00 %

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USD 0.43B
DBND DoubleLine Opportunistic .. 0.68 % 0.00 %

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USD 0.28B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

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CAD 1.01B
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

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CAD 0.96B
FLTR VanEck Investment Grade F.. 0.00 % 0.14 %

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USD 1.62B
FTSM First Trust Enhanced Shor.. 0.00 % 0.33 %

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USD 6.35B
FVL 0.00 % 0.70 %

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HBG:CA 0.00 % 1.15 %

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HEWC 0.00 % 0.03 %

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HFP:CA Horizons Active Hybrid Bo.. 0.00 % 0.63 %

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CAD 0.06B
IDMO Invesco S&P International.. 0.00 % 0.25 %

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USD 0.22B
IPFF 0.00 % 0.55 %

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MKC:CA Mackenzie Maximum Diversi.. 0.00 % 0.59 %

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CAD 0.43B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

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CAD 0.74B
PDF:CA Purpose Core Dividend 0.00 % 0.68 %

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CAD 0.16B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.50 %

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CAD 0.18B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

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CAD 0.15B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.11 %

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CAD 0.04B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.29 %

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CAD 0.31B
ZCAN 0.00 % 0.30 %

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DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

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CAD 0.04B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.22B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.84 %

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CAD 2.33B
FLCD:CA 0.00 % 0.00 %

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FGO-U:CA CI Enhanced Government Bo.. 0.00 % 0.00 %

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CAD 0.78B
HBG-U:CA 0.00 % 0.00 %

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RQJ:CA 0.00 % 0.28 %

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VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

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CAD 1.70B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

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CAD 6.67B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

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CAD 2.53B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

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CAD 0.08B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

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CAD 1.52B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

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CAD 1.36B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

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CAD 11.91B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

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CAD 11.81B
XMV:CA iShares MSCI Canada Minim.. 0.00 % 0.33 %

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CAD 0.22B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

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CAD 7.50B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

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CAD 0.94B
ZEB:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.60 %

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CAD 3.65B
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.17 %

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CAD 1.96B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

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CAD 2.85B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

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CAD 0.18B
HFY:CA 0.00 % 1.20 %

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ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

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CAD 1.57B
BNC:CA 0.00 % 0.68 %

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MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

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CAD 0.31B
FLRM:CA 0.00 % 0.33 %

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RMBO:CA 0.00 % 0.28 %

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JGST:LSE JPMorgan ETFs (Ireland) I.. 0.00 % 0.00 %

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USD 0.13B
HDIV 0.00 % 0.00 %

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XIU 0.00 % 0.00 %

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FST-A:CA 0.00 % 0.00 %

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XCLR:CA 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.81% 7% C- 24% F
Dividend Return 3.24% 78% C+ 80% B-
Total Return -1.57% 7% C- 28% F
Trailing 12 Months  
Capital Gain -7.60% 5% F 21% F
Dividend Return 6.25% 68% D+ 78% C+
Total Return -1.35% 7% C- 25% F
Trailing 5 Years  
Capital Gain -11.93% 6% D- 34% F
Dividend Return 29.58% 82% B 85% B
Total Return 17.65% 22% F 45% F
Average Annual (5 Year Horizon)  
Capital Gain 1.78% 53% F 49% F
Dividend Return 7.41% 56% F 58% F
Total Return 5.63% 95% A 84% B
Risk Return Profile  
Volatility (Standard Deviation) 30.14% 35% F 35% F
Risk Adjusted Return 24.59% 47% F 47% F
Market Capitalization 65.02B 19% F 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.80 28% 74%
Price/Book Ratio 1.15 42% 65%
Price / Cash Flow Ratio 1.82 84% 76%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 9.91% 51% 58%
Return on Invested Capital 1.93% 16% 30%
Return on Assets 0.57% 16% 26%
Debt to Equity Ratio 247.87% 12% 13%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.