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

Home

Daily Stock Opinions and Ratings

Bank of Nova Scotia (BNS.TO)

122.44

-0.13 (0.11%)

as of Jun 26, 2026, 8:00:00 pm Market Open.

2153 watching

Investor Insights

Jun 27, 2026, 12:00 am

This summary was created by AI, based on 30 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) has garnered mixed reviews from experts, showcasing its strengths and weaknesses. While many analysts appreciate its strong dividend yield, which stands at around 4.5% to 4.6%, and its focus on international diversification, particularly in Latin America, concerns remain regarding its recent strategic decisions and overall performance relative to peers. The consensus indicates that although BNS has potential, particularly with new management and an operational turnaround, it has lagged behind other Canadian banks in terms of pricing and growth. Analysts suggest monitoring the stock closely, with advice ranging from holding positions to being cautious about new investments due to uncertainties tied to its acquisition strategies and market position. Overall, BNS appears to be in a transitional phase, with some experts optimistic about future improvements in valuation and growth prospects.

Consensus

Mixed

Valuation

Undervalued

Similar

WAIT

Chart shows a very distinct head and shoulders pattern and normally means stock should go up to the level that the inverted head was. This would be an anomaly as he thinks there is a lot of overhead resistance. Might be a better opportunity down the road to pick up banks

TOP PICK

Likes Cdn banks and their history of growing dividends. This one is well run and one of the lowest on a cost to income basis. Conservative with their credit quality. Good growth opportunities in non-North American areas. Want to expand in wealth management. Trading at about 12X earnings. Expected to raise dividends again in 2011.

COMMENT

He is light on the financial sector right now. He thinks the new rules on capital are going to require them to hold more capital and that will slow down their growth and reduce their earnings. Finds there are other things more attractive to buy.

BUY

Recently reported pretty good earnings. Low cost producer in the domestic retail banking. Have done a great job expanding their international operations where margins are much higher.

TOP PICK

He likes their interests outside of North America. Very conservatively managed. Good domestic business. 4% yield and wouldn't be surprised if this is one of the early banks to increase their dividends.

SELL

5.65% Bond due Dec 2056. This is one that has rallied tremendously and has probably gone as far as it can.

COMMENT

Earnings are coming out tomorrow and he would bet they are positive. Not particularly cheap right now. Always well managed. Expecting the moratorium on bank dividends will be lifted in the near future.

BUY

Very solid bank. As growth returns in the world economy, this bank has some important upsides being the dominant bank in the Caribbean.

BUY

Banking sector as a whole is at an attractive entry point. Credit cycle is working its way through. Capital markets were very strong last year and there are headwinds. We could see them increasing dividends next year. BNS has the most Latin American exposure, which is the biggest growth area. This is not her top pick.

BUY

Buying Canadian banks for dividend yields, especially Bank of Nova Scotia? All of the Canadian banks at these levels, especially for their yields, are certainly better than having your money in a bank account with them. This one is in the middle with about 3.5% yield. Not his favourite but any of the banks are a strong holding. (See Top Picks.)

DON'T BUY

Financials will continue to under perform because they were over owned by investors and their earnings estimates had ramped up because they exceeded expectations.

TOP PICK

A bank with the right international program. Now going into Chile. Good solid business with excellent growth prospects. One of the more conservative banks.

COMMENT

Likes Canadian banks and feels the dividends are safe. May take a bit of time before they increase dividends again. The premium banks are Toronto Dominion (TD-T) and Royal (RY-T), which carry a premium multiple, so this will give you a bit better dividend. Doesn't see another leg up in the short-term but in the medium-longer term it is fine.

BUY

His largest Canadian bank holding. Likes their growth strategy – Caribbean, rather than US.

BUY

Likes Canadian banks at current level. Offer very good PE ratios and dividend yields. His favourites are Royal (RY-T) and Toronto Dominion (TD-T).

Showing 886 to 900 of 1,688 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Kevin Simpson

Capital Wealth Planning

Bryn Talkington

Requisite Capital Management

Andrey Omelchak

LionGuard Capital Management

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

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].

Bank of Nova Scotia (BNS.TO)