Scotiabank
About: Bank of Nova Scotia is a global financial services provider with over CAD 1.4 trillion in assets. The bank has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in the Latin America region.
Employees: 88,722
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
97% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 33
6% more funds holding
Funds holding: 403 [Q3] → 429 (+26) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 136
4% less capital invested
Capital invested by funds: $30.5B [Q3] → $29.3B (-$1.19B) [Q4]
1.41% less ownership
Funds ownership: 45.65% [Q3] → 44.24% (-1.41%) [Q4]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q3] → 24 (-1) [Q4]
33% less call options, than puts
Call options by funds: $651M | Put options by funds: $973M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$81
61%
upside
Avg. target
$81
61%
upside
High target
$81
61%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital Darko Mihelic 67% 1-year accuracy 4 / 6 met price target | 61%upside $81 | Sector Perform Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 6 articles about BNS published over the past 30 days
Neutral
PRNewsWire
1 week ago
Scotiabank Announces Redemption of US $1,250 million 4.900% Fixed Rate Resetting Perpetual Subordinated Additional Tier 1 Capital Notes
TORONTO , May 1, 2025 /PRNewswire/ - Scotiabank (TSX: BNS) (NYSE: BNS) today announced its intention to redeem all outstanding US $1,250 million 4.900% Fixed Rate Resetting Perpetual Subordinated Additional Tier 1 Capital Notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") at 100% of their principal amount plus accrued and unpaid interest to, but excluding, the date fixed for redemption. The redemption of the Notes will occur on June 4, 2025.
Positive
Seeking Alpha
1 week ago
Bank of Nova Scotia: Get Paid While You Wait For This Turnaround (Rating Upgrade)
Bank of Nova Scotia has underperformed over the last decade, but is poised for a turnaround under new CEO Scott Thomson. The bank's new strategy focuses on growth in Canada, the U.S., and Mexico, while exiting less profitable markets like Colombia. Emphasis is on capital-light businesses such as wealth management and increasing efficiency in existing operations, particularly in Latin America.
Positive
Seeking Alpha
2 weeks ago
Out Of 70 Graham Value All-Stars, These 16 'Safer' Stocks Stand Out For April
The Value Score identifies large-cap stocks offering high intrinsic value relative to their price, helping investors find undervalued companies with strong assets and profits. The Ben Graham Formula highlights ultra-stable stocks with strong earnings, dividends, and low valuations, ideal for long-term, defensive investing. 24 out of 69 April Graham All-Star-Value (GASV) Dividend stocks offer “safer” dividends with yields lower than their free cash flow yields. And 16 show IDEAL annual dividends (from $1K invested).
Positive
Seeking Alpha
2 weeks ago
Plant High-Yield Income Trees For Decades Of Wealth
Planting an orchard is an investment in future production. Your portfolio isn't a flash in the pan. It must provide for decades. Don't think short term when planning for your retirement finances.
Positive
Seeking Alpha
3 weeks ago
Back Up The Truck With These 3 High-Yielding SWANs
Investing in quality dividend-growth stocks like Realty Income, Scotiabank, and British American Tobacco provides reliable income and reduces the stress of market volatility. These stocks offer an average dividend yield of 6.4% with strong credit ratings, and are undervalued by 12% to 18% based on fair value estimates. Each company has a robust financial foundation with well-covered dividends and growth potential, aiming for mid-teens annual total returns through 2027.
Positive
Seeking Alpha
3 weeks ago
My Dividend Stock Portfolio: New All-Time Dividend Record In March - 100 Holdings With 15 Buys
March investments totaled around $1,200, mainly in BDCs like Blue Owl Capital and Ares Capital, boosting annual dividend income by $100. Dividend income hit a new all-time record of $1,404, up 17% Y/Y driven by substantial purchases over the last twelve months. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.
Positive
Seeking Alpha
1 month ago
Canadian Banks Ranking 2025 - Which Bank To Hold?
Let's rank the Big 6 Canadian banks from worst to best. Whether you already hold one of these financial giants or are considering adding a bank to your portfolio, this will help you understand key strengths, weaknesses, and long-term investment potential. Royal Bank of Canada is the best all-around performer right now.
Positive
The Motley Fool
1 month ago
Want $1,000 in Annual Dividends? Invest $17,000 in These 3 Stocks
Dividend stocks can provide you with some valuable income on a recurring basis. And the more you invest, the more you can collect in dividends.
Positive
Seeking Alpha
1 month ago
Holding Steady: Why I'm Not Buying Bank of Nova Scotia Yet
Bank of Nova Scotia stock is currently rated as a 'hold' due to macro risks, volatile share price, and underwhelming reported earnings. Despite short-term challenges, BNS shows resilience, with 7% YoY growth in adjusted net income and a solid dividend yield of around 6%. BNS's valuation is neutral with a P/B ratio of 1.0, but its P/E ratio suggests a slight overvaluation compared to peers.
Positive
Seeking Alpha
1 month ago
70 Graham All-Star Value (GASV) March Dividends Show 19 "Safer" Bearing 13 Ideal Dividend Dogs
The Large Cap Value and Ben Graham Formula strategies identify undervalued, stable stocks with strong fundamentals and low valuations, ideal for long-term investment. Analysts project significant gains (28.24% to 85.64%) from top-ten GASV Dogs by March 2026, based on dividend yields and target prices. Thirteen of nineteen "safer" GASV Dogs are recommended buys, offering reliable dividends and fair pricing relative to their intrinsic value.
Charts implemented using Lightweight Charts™