BNS:NYE-Bank of Nova Scotia (USD)

COMMON STOCK | Banks - Diversified |

Last Closing

USD 53.93

Change

0.00 (0.00)%

Market Cap

USD 66.82B

Volume

0.93M

Analyst Target

USD 72.27
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternatives, and institutional funds. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada. Address: 40 Temperance Street, Toronto, ON, Canada, M5H 0B4

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-17 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
BAC Bank of America Corp

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USD 358.71B
JPM-PD JPMorgan Chase & Co

N/A

USD 338.78B
JPM-PC JPMorgan Chase & Co

N/A

USD 335.95B
BML-PG Bank of America Corporation

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USD 310.55B
BML-PH Bank of America Corporation

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USD 309.13B
BML-PL Bank of America Corporation

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USD 298.17B
BAC-PE Bank of America Corporation

N/A

USD 289.82B
BML-PJ Bank of America Corporation

N/A

USD 277.21B
BAC-PB Bank of America Corporation

N/A

USD 251.68B
BAC-PK Bank of America Corporation

N/A

USD 251.32B

ETFs Containing BNS

ZEB:CA BMO S&P/TSX Equal Weight .. 17.02 % 0.60 %

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CAD 3.98B
HEB:CA Hamilton Canadian Bank Eq.. 16.87 % 0.00 %

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CAD 0.77B
HBNK:CA Global X Equal Weight Ban.. 15.72 % 0.00 %

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CBNK:CA Mulvihill Canadian Bank E.. 13.19 % 0.00 %

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CAD 0.12B
ZWB:CA BMO Covered Call Canadian.. 12.15 % 0.71 %

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CAD 3.18B
ZWB-U:CA BMO Covered Call Canadian.. 12.15 % 0.00 %

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HFIN:CA Hamilton Enhanced Canadia.. 10.30 % 0.00 %

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CAD 0.17B
HMAX:CA Hamilton Canadian Financi.. 9.21 % 0.00 %

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XFN:CA iShares S&P/TSX Capped Fi.. 8.17 % 0.61 %

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CAD 1.66B
PDC:CA Invesco Canadian Dividend.. 7.78 % 0.55 %

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CAD 0.82B
VDY:CA Vanguard FTSE Canadian Hi.. 6.05 % 0.22 %

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CAD 3.21B
XCV:CA iShares Canadian Value 5.85 % 0.55 %

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CAD 0.08B
PXC:CA Invesco FTSE RAFI Canadia.. 5.47 % 0.50 %

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CAD 0.20B
RCD:CA RBC Quant Canadian Divide.. 5.44 % 0.43 %

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CAD 0.19B
XDV:CA iShares Canadian Select D.. 5.40 % 0.55 %

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CAD 1.75B
ZDV:CA BMO Canadian Dividend 5.25 % 0.38 %

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CAD 1.12B
ICAE:CA Invesco S&P/TSX Canadian .. 5.02 % 0.00 %

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CAD 8.00M
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 4.99 % 0.00 %

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CAD 4.33M
TBNK:CA TD Canadian Bank Dividend.. 4.98 % 0.00 %

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CAD 0.03B
IUTSF 4.35 % 0.00 %

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ICTE:CA Invesco S&P/TSX Composite.. 4.13 % 0.00 %

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CAD 1.10M
XEI:CA iShares S&P/TSX Composite.. 3.98 % 0.22 %

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CAD 1.74B
RCDC:CA RBC Canadian Dividend Cov.. 3.46 % 0.00 %

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PDF:CA Purpose Core Dividend Fun.. 3.46 % 0.68 %

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CAD 0.17B
VCE:CA Vanguard FTSE Canada 3.41 % 0.06 %

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CAD 2.04B
XIU:CA iShares S&P/TSX 60 3.26 % 0.18 %

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CAD 14.95B
CNDX:CA Global X S&P/TSX 60 Index.. 3.26 % 0.00 %

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CAD 0.13B
ZIU:CA BMO S&P/TSX 60 Index ETF 3.17 % 0.00 %

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CAD 0.07B
XCAN:SW Xtrackers MSCI Canada ESG.. 3.16 % 0.00 %

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USD 0.63B
CSCA:SW iShares VII PLC - iShares.. 3.11 % 0.00 %

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USD 1.18B
HCAN:SW HSBC MSCI Canada UCITS ET.. 3.10 % 0.00 %

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USD 0.03B
CAHEUA:SW UBS(Lux)Fund Solutions .. 3.10 % 0.00 %

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USD 0.07B
CANCDA:SW UBS(Lux)Fund Solutions .. 3.10 % 0.00 %

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USD 1.25B
CANUKD:SW UBS(Lux)Fund Solutions .. 3.10 % 0.00 %

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USD 8.30M
ETSX:CA Evolve S&P/TSX 60 Enhance.. 3.03 % 0.00 %

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CAD 0.03B
DRFC:CA Desjardins RI Canada Mult.. 2.87 % 0.57 %

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CAD 0.24B
VCN:CA Vanguard FTSE Canada All .. 2.72 % 0.06 %

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CAD 8.13B
ZCN:CA BMO S&P/TSX Capped Compos.. 2.63 % 0.05 %

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CAD 8.73B
XIC:CA iShares Core S&P/TSX Capp.. 2.63 % 0.06 %

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CAD 13.53B
DRMC:CA Desjardins RI Canada - Ne.. 2.57 % 0.29 %

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CAD 0.04B
CDEF:CA Manulife Smart Defensive .. 2.57 % 0.00 %

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CAD 1.40M
TUSB:CA TD Select U.S. Short Term.. 2.35 % 0.28 %

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CAD 9.94M
CID VictoryShares Internation.. 1.48 % 0.45 %

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USD 0.01B
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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F1ESG:SW UBS(Lux)Fund Solutions .. 1.02 % 0.00 %

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DBND DoubleLine Opportunistic .. 0.68 % 0.00 %

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USD 0.35B
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

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CAD 0.98B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.60 %

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CAD 0.23B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

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

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CAD 0.99B
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

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CAD 1.10B
FLTR VanEck Investment Grade F.. 0.00 % 0.14 %

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FTSM First Trust Enhanced Shor.. 0.00 % 0.33 %

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USD 6.18B
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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HEX:CA 0.00 % 0.84 %

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HFP:CA 0.00 % 0.63 %

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IDMO Invesco S&P International.. 0.00 % 0.25 %

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IPFF 0.00 % 0.55 %

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QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

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CAD 0.14B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

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CAD 1.58B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.11 %

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CAD 0.04B
RQL:CA 0.00 % 0.29 %

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ZCAN 0.00 % 0.30 %

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

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CAD 2.76B
FLCD:CA 0.00 % 0.00 %

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XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

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CAD 0.46B
FGO-U:CA CI Enhanced Government Bo.. 0.00 % 0.00 %

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HBG-U:CA 0.00 % 0.00 %

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RQJ:CA 0.00 % 0.28 %

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XMV:CA iShares MSCI Canada Minim.. 0.00 % 0.33 %

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CAD 0.25B
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.17 %

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CAD 3.28B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

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CAD 0.28B
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 1.64B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.68 %

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FLRM:CA 0.00 % 0.33 %

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PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.86 %

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CAD 0.06B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

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CAD 0.06B
RMBO:CA 0.00 % 0.28 %

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FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

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USD 0.40B
CSCA:LSE iShares VII Public Limite.. 0.00 % 0.00 %

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USD 1.18B
JGST:LSE JPMorgan ETFs (Ireland) I.. 0.00 % 0.00 %

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USD 0.12B
UC87:LSE UBS(Lux)Fund Solutions .. 0.00 % 0.00 %

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USD 0.05B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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USD 0.03B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

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USD 1.07B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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USD 1.21B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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USD 0.36B
H4ZR:XETRA 0.00 % 0.00 %

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SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

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USD 1.07B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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USD 2.02B
ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.00 %

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CAD 0.09B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

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CAD 0.07B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

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CAD 0.21B
TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.00 %

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CAD 0.38B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

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CAD 0.26B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

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CAD 0.61B
TMEC:CA 0.00 % 0.00 %

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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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CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

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CAD 0.49B
LCTD BlackRock World ex U.S. C.. 0.00 % 0.00 %

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USD 0.26B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.76% 64% D 59% D-
Dividend Return 6.45% 82% B 82% B
Total Return 17.21% 64% D 66% D+
Trailing 12 Months  
Capital Gain 21.08% 75% C 65% D
Dividend Return 7.05% 82% B 78% C+
Total Return 28.13% 75% C 71% C-
Trailing 5 Years  
Capital Gain -6.40% 22% F 38% F
Dividend Return 25.94% 61% D- 74% C
Total Return 19.53% 19% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 3.17% 50% F 46% F
Dividend Return 8.73% 52% F 56% F
Total Return 5.56% 93% A 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 30.19% 36% F 36% F
Risk Adjusted Return 28.90% 43% F 45% F
Market Capitalization 66.82B 25% F 97% N/A

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 Revenue Growth

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