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

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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

PAST TOP PICK

(A Top Pick Feb 28/08. Down 38.3%.) Still not buying domestic or financial services. Too early.

BUY

Canadian Banks: He is convinced that US and UK banks could have a lot more problems yet. There is also a risk that Canadian banks have not fessed up to everything and there could be more to come. Looking at current yields, even if the banks do nothing for 3 years in terms of price or earnings, you could happily buy and afford to wait.

BUY

Likes this because of its international holdings. This allows them to pick up growth that the North American banking system cannot have. 6.5% yield.

BUY

Favourite along with Toronto Dominion (TD-T). Dropped 30% in the last year. Dividend 5%-6%. Third of earnings comes from Latin America, Caribbean and Asia. Profit margins in those countries are a lot higher. (A lot better credit risk than in North America.) Conservatively managed.

COMMENT

Likes that they have been able to raise capital fairly quickly. Dividends are holding the banks at higher valuations.

BUY

Only 8 companies in Canada that have paid 100 consecutive years of dividends. 6 banks, Imperial Oil (IMO-T) and BCE (BCE-T). From this point, most of your return may come from the dividends but even if you got a little bounce, you could end up with 10%.

BUY

One of the more conservative banks. Has the best history of earnings increases. Just acquired a major position of CI Financial (CIX.UN-T) from Sun Life (SLF-T) with shares, so didn't have to do an equity raise. (See Top Picks.)

PAST TOP PICK

(A Top Pick Dec 10/07. Down 42%.) Of all the banks, it seems to have the most conservative accounting. Relatively strong capital base. Yield of over 6.5%.

COMMENT

Likes this mainly because of its international exposure. Expect the numbers for the banks over the next couple of years will be pretty flat. To be a player in the banks, you have to have a 2 or 3-year view.

PAST TOP PICK

(A Top Pick May 30/08. Down 36%.) Hadn't expected the meltdown to be as extensive, pervasively or as quickly as it was. Was overdone. Canadian banks are an excellent place to be. Buy.

PARTIAL BUY

Likes their international diversification. Dividend is safe. Intermediate to longer term with other international diversification is really appealing. If you don't own you could start buying here.

PAST TOP PICK

(A Top Pick Dec 7/07. Down 35%.) Not a Buy at this time unless you don’t have any banks in your portfolio. Good for a Hold of 1 year or longer.

BUY

Preferred Shares: He looks at preferred shares as a notch below bonds. One of the more attractive asset classes right now are corporate bonds. Yields are exceedingly attractive.

HOLD

If you have a timeframe beyond the next couple of weeks banks are going to lag the market a little bit. This one has one of the better international profiles. He is not buying banks currently but is holding what he has.

COMMENT

Just came out with a write down but expect other banks will follow suit. Banks’ years are at the end of October so they are getting ready to report 4th quarter numbers. Likes this one. Have a very strong management team. Excellent global exposure and focus on costs. Concerned with their exposure to Latin America and Mexico.

Showing 991 to 1,005 of 1,688 entries

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Bank of Nova Scotia (BNS.TO)