TSE:BNS

Bank of Nova Scotia (BNS.TO)

128.05
+0.76 (0.60%)
as of Sep 10, 2026, 6:04:40 pm Market Open.
2151 watching
0
Investor Insights
star iconSep 10, 2026, 12:00 am

This summary was created by AI, based on 23 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) has received mixed reviews from experts, with some highlighting its relatively cheap valuation compared to peers like Royal Bank of Canada (RY). Concerns include a troubled management transition and reduced growth prospects, particularly in the Caribbean market. Despite noting a strong capital base and a decent dividend yield, opinions diverge on its ability to catch up with competitors. Analysts appreciate BNS's international presence and potential for future earnings growth, although the stock has lagged behind other Canadian banks in performance. Overall, while some analysts remain bullish due to its valuation and dividend yield, others suggest caution amid a competitive banking environment and existing credit quality issues.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Undervalued
review icon
Similar
TD
WAIT
Banks: Owns NA only. Believes it is the best-capitalized bank. BNS would be the second if they owned a second one. Likes exposure in US and developing markets. It is a little pricey but low to mid $40s he would be interested.
BUY
He works for them so leaves them to other analysts. There is a trend for banks to boost dividends.
BUY
PE ratio is attractive. Has no exposure to sovereign debt or the US. Operates in Latin America, Caribbean and Canada. Perfect balance sheet. Strong dividend increases. (See Top Picks.)
BUY ON WEAKNESS
He has his eye on this one. Would like it in the mid-$40s. Likes their exposure outside of North America.
BUY
He is underweight financials. Good results from BMO this morning. Canadian banks in general had a pretty big tailwind lending to Canadians. And will now be a headwind with debt levels being so high now. Definitely a good place for along term outlook.
TOP PICK
Likes the international flavor. Canada’s most internationally diversified bank. Best for credit discipline. Fewer surprises in terms of loan losses. Sells for a premium but worth it because of stability it supplies to a portfolio.
PAST TOP PICK
(A Top Pick July 22/10. Up 13.32%.)
BUY
One of their larger holdings within the banking sector. The impact of credit on BNS in 2008 was minimal. They are a very well managed and disciplined company. They will be a consistent performer.
PAST TOP PICK
(A Top Pick June 3/10. Up 15.8%.) Still likes. (See Top Picks.)
TOP PICK
Has most developed emerging markets. Takes advantage of current weakness in bank shares to acquire.
PAST TOP PICK
(A Top Pick June 4/10. Up 25.04%.) Still pulling a huge amount of their growth from outside of North America. Also in Mexico. Thinks they will continue to outperform.
TOP PICK
Likes its international exposure in Latin America, Caribbean and increasingly Asia. Gets a third of its earnings from outside Canada. Not in the US. Addressed its weakness in asset management with the Dundee acquisition. Also has emerging market exposure. Just raised its dividend again. 3.6% dividend
PAST TOP PICK
(A Top Pick June 2/10. Up 17.56%.)
BUY ON WEAKNESS
Would like to see it down to $56 but not a bad place to buy it now. He has 4 banks.
BUY
High quality name with good international exposure. Efficiently run. Always has the lowest operating ratio. Likes banks as a group and are in a good position to increase dividends.
Showing 856 to 870 of 1,691 entries