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

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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

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

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Bank of Nova Scotia (BNS.TO)