Bank of Nova Scotia (BNS.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Bank of Nova Scotia (BNS.TO)

122.45

-2.91 (2.32%)

as of Aug 19, 2026, 3:03:12 pm Market Open.

2153 watching

Investor Insights

Aug 19, 2026, 12:00 am

This summary was created by AI, based on 27 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) is viewed as the weakest among Canadian banks, with varying opinions on its management changes, strategic focus, and overall performance. While some experts acknowledge its relatively low valuation and strong dividend yield, concerns about its Caribbean exposure and sluggish growth persist. The bank's recent investments, including its stake in KEY, have raised eyebrows, with some analysts preferring other banks like Royal Bank of Canada (RY) and Toronto-Dominion Bank (TD). Despite improvements in its operations and a favorable regulatory environment for banks in Canada, opinions remain mixed on BNS's ability to catch up to its peers. Analysts suggest that while it offers a decent yield and potentially good long-term prospects, caution is warranted amid uncertainties in the credit cycle and economic outlook.

Consensus

Cautious

Valuation

Fair Value

Similar

TOP PICK

Well run and has always done very well. Trading at about 10X earnings. Easy to trade at 12X earnings. About 4.5% yield. International operations is the place you want to be. Looking for mid-$50’s in one year.

COMMENT

Bought 8.5% strip bonds expiring 2025 in 2008. Take a capital gain or let them ride? Very sensitive to interest rates. You’ve had a great run and he would consider taking some money off the table but wouldn’t do it too soon as there is still more money that can be made because of the spread between the corporates and governments.

TOP PICK

All the banks have reported in the last week. In a conference call they mentioned that with the Basil requirements, in 2013, they will need some outside equity and the stock suffered. Bought a half position and will wait until after the 9th and activate the other half if it should fall to $47.

DON'T BUY

There is no Canadian Bank stock that attracts him. They are all fully valued.

COMMENT

This is a pretty good performing stock relatively speaking. Trading in a sideways, consolidation range. If you own, you have to get out at $40. Could trade up to $52 for a little while.

DON'T BUY

Financials have had a very difficult year globally. Within financials, the question is which one could be impacted by what is going on in Europe. This bank has done quite well in South America and Caribbean. South America has a more significant risk to what is going on in Spain. He has about a zero waiting in financials.

BUY

Very cheap at 10 earnings. They raised their dividend this year, which tells him that they are confident about the outlook. Flush with cash and they can ride the situation out.

PAST TOP PICK

(A Top Pick Oct 29/10. Down 6.1%.) Just acquired the 5th largest bank in Colombia. A third of its earnings are from outside of Canada now.

BUY

One of the great things it has going for it is a vision for global growth, primarily Latin America. Very well run and a very strong credit culture. One of the lowest cost structures of any Canadian bank.

COMMENT

Pays a pretty good dividend and he would be comfortable owning it over the long term. Prefers to buy when the market is going down 6% a day.

BUY

Not in many accounts. Prefers RY, TD and BMO. Under pressure because of trading volumes. Scotia is boosting its presence outside of Canada. You can buy it for the long term.

BUY

Canadian banks are different than US for seasonality. We are in the seasonal time for banks. Technically, the pattern is pretty good. We have just come off the support level. A positive sign. He would look for it to go back up until the end of the year.

BUY ON WEAKNESS

In last couple of months he wanted to lower bank exposure and this was the one he sold. It had the most international exposure. He will probably buy it back on a dip. His only problem is that they have the worst capital ratio. They may have to issue equity, but it is not a compelling need. He owns TD, CM, & RY.

BUY ON WEAKNESS

Canadian banks look very expensive at this time. If the price were $5 less he would like this one.

DON'T BUY

One of few that have not raise dividend. Exposure to Latin and South America. Got hurt by last 6 weeks. Only met numbers when TD beat them. Prefers RY to BNS and TD to RT.

Showing 841 to 855 of 1,691 entries

Most Recent Experts

Jamie Murray

Murray Wealth Group

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Jim Cramer - Mad Money

CNBC

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Keith Richards

ValueTrend Wealth Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Bank of Nova Scotia (BNS.TO)