TSE:BNS

Bank of Nova Scotia (BNS.TO)

112.36
-0.75 (0.66%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
2155 watching
0
Investor Insights
star iconJun 6, 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) is a major Canadian bank that has garnered mixed reviews from experts regarding its current positioning and future growth potential. While some experts express optimism about its relatively low valuation and strong dividend yield, others highlight concerns around its strategic moves, particularly regarding its investment in KEY and international operations. The bank has been recognized for its efforts to clean up its business model and improve operational efficiency, but it still lags behind peers in market performance. Many analysts suggest that long-term investors may find value in holding BNS due to its attractive yield and potential for future growth as management's strategies begin to take effect. Overall, the sentiment leans towards cautious optimism, but with several experts recommending careful monitoring of the stock's performance in the context of broader market trends.

consensus icon
Consensus
Hold
valuation icon
Valuation
Undervalued
review icon
Similar
TD, TD
TOP PICK
Liked it for quite a while. It seems like somewhat of a plodder, but they have the Caribbean exposure. They are not doing that well in the offshore but they will because this is where the growth is.
TOP PICK
Blew the doors off with their earnings this quarter. This is the name that really knows how to control their expenses. No exposure to the US. If the bank tax comes in it can’t be a large one because most of the banks in the world can’t afford a big tax.
TOP PICK
Beat earnings. Good retail. Wholesale held up better than some of the other banks. It is one of the better managed of the banks. They have a very strong credit discipline. Biggest risk is the economy – international exposure.
WEAK BUY
Good bank. Number 2 or 3 in their portfolio. Earnings not great but they weren’t the only one with a problem with their owners. Not market leaders with products – followers. Big international operations – higher margins.
COMMENT
Good solid core holding. Great bank, particularly in the Latin American sphere.
PARTIAL SELL
Everybody should hold a Canadian bank in their portfolio but they are getting to the higher level of their valuations now. If you own any Canadian banks, you could take some money off the table.
BUY
(Market Call Minute.) Bank of Nova Scotia (BNS-T) or Bank of Montreal (BMO-T)? His preference is Bank of Nova Scotia. Likes their global involvement. However, you can't go wrong with either company.
HOLD
All the banks have had a nice run and the return is probably 5% from here plus dividend gives you 7% or 8%.
COMMENT
His preference is Bank of Montreal (BMO-T) and Toronto Dominion (TD-T) however this one has a significant presence abroad, which he likes. If looking for a bank today as a trade, he would look at Commerce (CM-T). This one is fully priced now.
BUY
There are a number of compelling factors to own banks right now. Good dividend yields and you have a better option of getting better earnings/growth over the next few years.
DON'T BUY
Canadian Banking sector does not excite him in the least right now. American Banking does. If there is a double dip recession, Canadian banks might drop off. Suggests VIST-O.
WATCH
Preferreds? Just did a new issue today and are very popular so this might affect existing shares and could take a week or a month for the existing ones to catch up. Would hold for a while.
BUY
Very impressed with the move that the banks have shown. Has exposure to growing markets of Latin America, Caribbean and Mexico. Great yield. Banks have had a great run so that may be some backing and filling in the short term.
PAST TOP PICK
(A Top Pick March 10/09. Up 74.9% excluding dividends.) Still likes but is now fairly valued. Still a Hold.
BUY
His favourite bank. Well managed, 19% return on equity. Likes what they are doing internationally. Dividend should rise at the end of 2010.
Showing 901 to 915 of 1,688 entries