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

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 51.92

Change

0.00 (0.00)%

Market Cap

USD 65.02B

Volume

0.97M

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: 2025-01-26 )

Largest Industry Peers for Banks - Diversified

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

+0.57 (+1.23%)

USD 343.82B
JPM-PC JPMorgan Chase & Co

+0.04 (+0.16%)

USD 333.98B
JPM-PD JPMorgan Chase & Co

+0.14 (+0.55%)

USD 333.60B
BML-PH Bank of America Corporation

+0.11 (+0.48%)

USD 309.40B
BML-PG Bank of America Corporation

+0.21 (+0.91%)

USD 307.74B
BML-PL Bank of America Corporation

+0.07 (+0.29%)

USD 293.61B
BAC-PE Bank of America Corporation

-0.01 (-0.04%)

USD 284.12B
BML-PJ Bank of America Corporation

N/A

USD 265.06B
BAC-PB Bank of America Corporation

+0.06 (+0.24%)

USD 253.98B
BAC-PK Bank of America Corporation

+0.13 (+0.52%)

USD 249.51B

ETFs Containing BNS

ZEB:CA BMO S&P/TSX Equal Weight .. 17.54 % 0.60 %

+0.13 (+0.68%)

CAD 4.10B
HEB:CA Hamilton Canadian Bank Eq.. 17.06 % 0.00 %

+0.03 (+0.68%)

CAD 0.78B
HBNK:CA Global X Equal Weight Ban.. 15.72 % 0.00 %

+0.04 (+0.68%)

N/A
CBNK:CA Mulvihill Canadian Bank E.. 13.19 % 0.00 %

+0.03 (+0.68%)

CAD 0.12B
ZWB:CA BMO Covered Call Canadian.. 12.49 % 0.71 %

+0.05 (+0.68%)

CAD 3.17B
ZWB-U:CA BMO Covered Call Canadian.. 12.49 % 0.00 %

+0.07 (+0.68%)

N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.56 % 0.00 %

-0.05 (0.68%)

CAD 0.19B
BKCC:CA Global X Equal Weight Can.. 9.23 % 0.00 %

-0.04 (0.68%)

N/A
HMAX:CA Hamilton Canadian Financi.. 9.21 % 0.00 %

+0.03 (+0.68%)

N/A
XFN:CA iShares S&P/TSX Capped Fi.. 8.22 % 0.61 %

+0.03 (+0.68%)

CAD 1.72B
PDC:CA Invesco Canadian Dividend.. 7.92 % 0.55 %

N/A

CAD 0.81B
VDY:CA Vanguard FTSE Canadian Hi.. 6.23 % 0.22 %

-0.03 (0.68%)

CAD 3.42B
XCV:CA iShares Canadian Value 6.05 % 0.55 %

-0.06 (0.68%)

CAD 0.08B
PXC:CA Invesco FTSE RAFI Canadia.. 5.58 % 0.50 %

-0.18 (0.68%)

CAD 0.16B
XDV:CA iShares Canadian Select D.. 5.54 % 0.55 %

+0.05 (+0.68%)

CAD 1.77B
RCD:CA RBC Quant Canadian Divide.. 5.44 % 0.43 %

-0.15 (0.68%)

CAD 0.20B
ICAE:CA Invesco S&P/TSX Canadian .. 5.24 % 0.00 %

-0.03 (0.68%)

CAD 8.12M
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.14 % 0.00 %

N/A

CAD 3.38M
TBNK:CA TD Canadian Bank Dividend.. 4.98 % 0.00 %

+0.04 (+0.68%)

CAD 0.03B
IUTSF 4.35 % 0.00 %

N/A

N/A
ICTE:CA Invesco S&P/TSX Composite.. 4.24 % 0.00 %

N/A

CAD 0.95M
XEI:CA iShares S&P/TSX Composite.. 3.86 % 0.22 %

-0.03 (0.68%)

CAD 1.75B
ZDV:CA BMO Canadian Dividend 3.74 % 0.38 %

+0.03 (+0.68%)

CAD 1.13B
PDF:CA Purpose Core Dividend Fun.. 3.62 % 0.68 %

+0.21 (+0.68%)

CAD 0.17B
RCDC:CA RBC Canadian Dividend Cov.. 3.46 % 0.00 %

-0.06 (0.68%)

N/A
VCE:CA Vanguard FTSE Canada 3.46 % 0.06 %

-0.11 (0.68%)

CAD 2.12B
XIU:CA iShares S&P/TSX 60 3.36 % 0.18 %

-0.07 (0.68%)

CAD 16.45B
CNDX:CA Global X S&P/TSX 60 Index.. 3.31 % 0.00 %

-0.12 (0.68%)

CAD 0.20B
ZIU:CA BMO S&P/TSX 60 Index ETF 3.31 % 0.00 %

-0.18 (0.68%)

CAD 0.10B
XCAN:SW Xtrackers MSCI Canada ESG.. 3.25 % 0.00 %

-1.12 (0.68%)

USD 0.62B
CAHEUA:SW UBS(Lux)Fund Solutions .. 3.17 % 0.00 %

-0.09 (0.68%)

USD 0.09B
CANCDA:SW UBS(Lux)Fund Solutions .. 3.17 % 0.00 %

-0.13 (0.68%)

USD 1.25B
CANUKD:SW UBS(Lux)Fund Solutions .. 3.17 % 0.00 %

N/A

USD 8.56M
CSCA:SW iShares VII PLC - iShares.. 3.16 % 0.00 %

N/A

USD 1.01B
HCAN:SW HSBC MSCI Canada UCITS ET.. 3.13 % 0.00 %

N/A

USD 0.03B
XMV:CA iShares MSCI Canada Minim.. 3.12 % 0.33 %

+0.07 (+0.68%)

CAD 0.25B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 2.97 % 0.00 %

-0.02 (0.68%)

CAD 0.04B
VCN:CA Vanguard FTSE Canada All .. 2.75 % 0.06 %

-0.30 (0.68%)

CAD 8.54B
XIC:CA iShares Core S&P/TSX Capp.. 2.71 % 0.06 %

-0.27 (0.68%)

CAD 15.12B
ZCN:CA BMO S&P/TSX Capped Compos.. 2.68 % 0.05 %

-0.23 (0.68%)

CAD 9.58B
CDEF:CA Manulife Smart Defensive .. 2.67 % 0.00 %

N/A

CAD 1.40M
TLV:CA Invesco S&P/TSX Composite.. 2.18 % 0.34 %

N/A

CAD 0.07B
GMOI The 2023 ETF Series Trust.. 1.76 % 0.00 %

+0.17 (+0.68%)

USD 0.05B
CID VictoryShares Internation.. 1.48 % 0.45 %

N/A

USD 0.01B
PFAA:CA Picton Mahoney Fortified .. 1.36 % 0.00 %

+0.02 (+0.68%)

CAD 0.17B
UEFY:XETRA UBS - SBI Foreign AAA-BBB.. 1.02 % 0.00 %

+0.07 (+0.68%)

USD 0.45B
SF1CHA:SW 1.02 % 0.00 %

N/A

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

N/A

N/A
DBND DoubleLine Opportunistic .. 0.68 % 0.00 %

+0.21 (+0.68%)

USD 0.36B
CDZ:CA iShares S&P/TSX Canadian .. 0.00 % 0.66 %

-0.27 (0.68%)

CAD 0.96B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.60 %

+0.06 (+0.68%)

CAD 0.24B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

-0.04 (0.68%)

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

-0.02 (0.68%)

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

N/A

CAD 1.09B
FLTR VanEck Investment Grade F.. 0.00 % 0.14 %

-0.01 (0.68%)

N/A
FTSM First Trust Enhanced Shor.. 0.00 % 0.33 %

+0.03 (+0.68%)

USD 6.27B
FVL 0.00 % 0.70 %

N/A

N/A
HBG:CA 0.00 % 1.15 %

N/A

N/A
HEWC 0.00 % 0.03 %

N/A

N/A
HEX:CA 0.00 % 0.84 %

N/A

N/A
HFP:CA 0.00 % 0.63 %

N/A

N/A
IDMO Invesco S&P International.. 0.00 % 0.25 %

-0.20 (0.68%)

N/A
IPFF 0.00 % 0.55 %

N/A

N/A
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

-0.74 (0.68%)

CAD 0.15B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

-0.99 (0.68%)

CAD 1.69B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.11 %

+0.27 (+0.68%)

CAD 0.04B
RQL:CA 0.00 % 0.29 %

N/A

N/A
ZCAN 0.00 % 0.30 %

N/A

N/A
DRMC:CA Desjardins RI Canada - Ne.. 0.00 % 0.29 %

-0.37 (0.68%)

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

-0.26 (0.68%)

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

-0.17 (0.68%)

CAD 2.88B
FLCD:CA 0.00 % 0.00 %

N/A

N/A
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

-0.19 (0.68%)

CAD 0.47B
FGO-U:CA CI Enhanced Government Bo.. 0.00 % 0.00 %

N/A

N/A
HBG-U:CA 0.00 % 0.00 %

N/A

N/A
RQJ:CA 0.00 % 0.28 %

N/A

N/A
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.17 %

+0.03 (+0.68%)

CAD 3.36B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

+0.05 (+0.68%)

CAD 0.34B
HFY:CA 0.00 % 1.20 %

N/A

N/A
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

+0.05 (+0.68%)

CAD 1.63B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.68 %

+0.01 (+0.68%)

N/A
FLRM:CA 0.00 % 0.33 %

N/A

N/A
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.86 %

N/A

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

N/A

CAD 0.06B
RMBO:CA 0.00 % 0.28 %

N/A

N/A
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

-0.17 (0.68%)

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

-168.00 (0.68%)

USD 1.00B
JGST:LSE JPMorgan ETFs (Ireland) I.. 0.00 % 0.00 %

N/A

USD 0.14B
UC87:LSE UBS(Lux)Fund Solutions .. 0.00 % 0.00 %

-12.25 (0.68%)

USD 0.06B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

-0.21 (0.68%)

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

-2.57 (0.68%)

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

-0.28 (0.68%)

USD 1.26B
FLXG:F Franklin LibertyShares IC.. 0.00 % 0.00 %

-0.05 (0.68%)

USD 0.02B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

-0.81 (0.68%)

USD 0.36B
FLXG:XETRA Franklin LibertyShares IC.. 0.00 % 0.00 %

-0.03 (0.68%)

USD 0.02B
H4ZR:XETRA 0.00 % 0.00 %

N/A

N/A
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

-1.91 (0.68%)

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

-0.42 (0.68%)

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

-0.23 (0.68%)

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

-0.05 (0.68%)

CAD 0.06B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

-0.07 (0.68%)

CAD 0.25B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

-0.40 (0.68%)

CAD 0.29B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

-0.01 (0.68%)

CAD 0.62B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
FRGE:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

-0.05 (0.68%)

USD 0.02B
HDIV 0.00 % 0.00 %

N/A

N/A
XIU 0.00 % 0.00 %

N/A

N/A
FST-A:CA 0.00 % 0.00 %

N/A

N/A
XCLR:CA 0.00 % 0.00 %

N/A

N/A
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

-0.18 (0.68%)

CAD 0.48B

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 -3.35% 2% F 10% F
Dividend Return 1.40% 40% F 70% C-
Total Return -1.95% 2% F 13% F
Trailing 12 Months  
Capital Gain 11.92% 64% D 61% D-
Dividend Return 6.68% 84% B 81% B-
Total Return 18.60% 64% D 67% D+
Trailing 5 Years  
Capital Gain -6.59% 32% F 41% F
Dividend Return 27.00% 84% B 78% C+
Total Return 20.41% 35% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain 4.30% 52% F 48% F
Dividend Return 9.94% 59% D- 58% F
Total Return 5.64% 93% A 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 30.31% 36% F 35% F
Risk Adjusted Return 32.80% 48% F 47% F
Market Capitalization 65.02B 25% F 97% 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 25% 65%
Price/Book Ratio 1.25 42% 61%
Price / Cash Flow Ratio 4.50 71% 62%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 9.49% 61% 59%
Return on Invested Capital -0.53% 11% 25%
Return on Assets 0.55% 19% 27%
Debt to Equity Ratio 235.90% 9% 15%

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:
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.

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