TSE:BNS

Bank of Nova Scotia (BNS.TO)

124.70
+2.03 (1.65%)
as of Jul 28, 2026, 8:00:00 pm Market Open.
2153 watching
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Investor Insights
star iconJul 28, 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 received mixed reviews from various experts, reflecting a balance of optimism and concerns regarding its performance and strategy. While some analysts highlight its solid yields and potential for recovery, especially with the banking sector's overall health, others criticize its weaker growth compared to peers and challenges posed by its international exposure. The bank's recent strategic shift toward North America and its investment in KEY have sparked debate about its future direction. Overall, the dividend yield remains attractive at approximately 4.5%, making it appealing for income-focused investors. However, the consensus indicates that BNS may continue to lag behind its main competitors in terms of growth and valuation trends.

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Consensus
Mixed
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Valuation
Undervalued
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Similar
RY
COMMENT
Probably the one of the good banks that the analysts as a whole like the least because of their international exposure. Thinks the banks will trade very close to each other in terms of multiples and performances. Wouldn't be her favourite.
BUY ON WEAKNESS
Banks have reported very strong earnings and are no longer inexpensive. This and Royal Bank (RY-T) are his preferences. Likes their international operations, which are in growth markets.
PAST TOP PICK
(A Top Pick Sept 17/08. Up 10.07%.)
BUY ON WEAKNESS
Canadian banks have had a nice run so they are a little high currently for an entry point. $42 would be better. 4.25% yield.
DON'T BUY
Had been his favourite because of less exposure to the US than other banks. However, Mexico is going to be hit pretty hard and the Caribbean area will have fewer tourists.
SELL
Banks have gone up to a point where they are pretty rich and overvalued. If you own, consider selling some or all of your position in anticipation of another decline. If you want to hang on to your bank stocks you could Sell Call Options. He is not doing this because he does not think banks are good to own right now.
HOLD
Probably a fair market performer from here for a while. Had a nice bounce from the bottom. Won't cut dividends. Will have some difficulty with higher loan losses for the next 2 to 4 quarters but this is built-in to the price. If you own, consider a stoploss at about $4-$5 below the current price.
HOLD
Preferreds. 4.5% yield but with current stock price are yielding about 6%. Preferred shares are not classified as Tier One capital. Would wait before selling given that you are getting a little bit more than if you owned the common stock.
BUY
Would be his 3rd favourite Canadian bank stock but he thinks highly of it. Will have a very good chance of testing their 52-week high by the end of the year. Only cautionary issue is their international exposure but last quarter was a stellar performance.
HOLD
His 2 picks in Canadian banks would be Bank of Nova Scotia (BNS-T) and Royal Bank (RY-T). The issue he has with them is that the charts show them right up against the long-term trend. Things are not getting a lot better out there and he doesn't know how they are going to make a lot of money. Will probably be a sideways trade for some time. 4.8% yield.
COMMENT
All the banks have had a pretty good move. Likes it on a long-term basis. Good domestically but still has concerns about what is happening in Mexico. Their market area in Central America and Mexico looks a little soft. Neutral on this one.
SELL
(Market Call Minute.) Has just completed a period of seasonal strength and it is now time to take some good profits.
HOLD
6.25% preferreds issued in January have gone up about 10%. Good company and good yield.
BUY
He is underweight the banking sector but does own Scotia (BNS-T) and Royal (RY-T). This one is the international bank in Canada so should be less susceptible to the US downturn. Strong management. 5.15% yield.
BUY
Likes their international exposure. There is no other bank globally that has the kind of exposure to rapidly expanding Latin America. Growth is going to happen in emerging economies first.
Showing 961 to 975 of 1,690 entries