Scotiabank

BNS

Market cap $93.7B

Canada's six biggest banks exceeded profit forecasts this week in results boosted by wealth management and fee-based income, underlining the resilience of the country's economy to the impact of U.S. tariffs and broader policy uncertainty.

Bank of Nova Scotia posted mixed Q1 results: revenue missed, but EPS and ROE improved, with management reaffirming targets. BNS saw sustainable net interest margins and stable credit conditions, aided by retail and business banking as well as capital markets momentum. Valuation multiples are cyclically stretched, with forward P/B and P/E ratios over 23% above cyclical averages and a 4.27% dividend yield offering limited downside protection against tail events.

The Bank of Nova Scotia (BNS:CA) Q1 2026 Earnings Call Transcript

Does Bank of Nova Scotia (BNS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Scotiabank (TSX:BNS) started the 2026 Big Five Canadian bank earnings season on a strong note, reporting broad-based growth across its domestic and international operations. For the first quarter, Scotiabank posted net income of C$2.3 billion, up from C$993 million in the same period last year.

TORONTO, Feb. 24, 2026 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank, payable April 28, 2026, to shareholders of record at the close of business on April 7, 2026:

TORONTO, Feb. 24, 2026 /CNW/ - The Bank of Nova Scotia ("Scotiabank") (TSX: BNS) (NYSE: BNS) reported first quarter net income of $2,299 million compared to $993 million in the same period last year. Diluted earnings per share (EPS) were $1.73, compared to $0.66 in the same period a year ago.

Bank of Nova Scotia (BNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The Bank of Nova Scotia (BNS:CA) Presents at RBC Capital Markets Canadian Bank CEO Conference Transcript

Bank of Nova Scotia is a low-risk turnaround with a lofty 4.2% yield. Brookfield Renewable Partners is a clean energy leader with a 5.3% yield.