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

Home

Daily Stock Opinions and Ratings

Bank of Nova Scotia (BNS.TO)

125.36

-1.34 (1.06%)

as of Aug 18, 2026, 8:00:00 pm Market Open.

2153 watching

Investor Insights

Aug 18, 2026, 12:00 am

This summary was created by AI, based on 28 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) is a major player in the Canadian banking sector, yet its performance has drawn mixed reviews from experts. Many highlight its relatively low price-to-earnings ratio and strong dividend yield, with some suggesting it trades at a fair valuation compared to peers. However, concerns persist regarding its management changes and strategic focus, particularly its exposure to markets in the Caribbean and the U.S. Some analysts question whether BNS can catch up to its competitors like Royal Bank of Canada (RY), which is often favored for its stability and performance. On the upside, several analysts express optimism about the overall health of Canadian banks, with BNS expected to benefit from improving economic conditions and strong capital reserves, even as they acknowledge challenges in its loan growth and international operations.

Consensus

Mixed

Valuation

Fair Value

Similar

PAST TOP PICK

(A Top Pick Jan 29/07. Down 6.5%.) This is the bank with the least negative surprises possible. Very good earnings potential going forward and expect them to go from $4 to $4.30 and then above $4.50. ROE is pretty steady at around 21.5%.

Wealthica Track your Stocks in your Watch List

DON'T BUY

Banks are great companies in Canada as there is an oligopoly so not too much competition. Great for the long-term but in the short term there is a massive liquidity crisis, which is extremely important. Investments are all about risk/reward. If the liquidity crisis worsens, the banks could go down 50%. Would rather be cash and wait.

BUY

Likes at this price. You get bank exposure without the US subprime. Focused internationally. Good entry point for the long-term.

HOLD

(Market Call Minute.) A great bank. Didn't get caught too hard. Will take a while for it to go up.

COMMENT

Metrics on banks has been changing and has been tough on them for the last little while. Very strong management that is very focused on results. It is the most cost effective bank. Better at working out their loans than some of the other banks.

HOLD

Canadian banking sector, until recently, has had the best-run sector globally. Expects more shoes to fall. He would be wary of this sector. If selling, wait until the new year. Good dividend.

HOLD

In the long run Canadian banks have proven to be the best investment for Canadians. In the short run don't be in a hurry to buy.

TOP PICK

Likes the consistency of earnings. Has positioned themselves as the bank that delivers and does it very close to expectations. Trades at close to 3X book value. Should earn $4 next year.

TOP PICK

Would like to see them buy Dundee Wealth. Have done a great job in the Caribbean and Central America. They seem to be as clean as a whistle on the sub prime issue.

BUY

Likes the Caribbean and international exposure. If you don't own it, you might want to take a third of your position now and then average down.

BUY

Thinks this is a value play. Lack of US exposure is a positive. The whole group is getting tarred with the same brush. He has been adding to his position. Cheap.

BUY

This one has performed the best out of the 5. Has exposure to the Latin American market and has done an amazing job there. Tremendously cheap and even though there is a lots of unknowns out there, this is a good time to get involved. Also, the interest curve is about to normalize which helps the banking sector.

TOP PICK

Buy both this and Royal Bank. Has no exposure to the U.S retail. Has the lowest cost ratio of any of the banks. 3.6% yield.

COMMENT

Likes their global exposure. This should benefit them. He got out of most of the Canadian bank exposure because of worries about asset-backed commercial paper. Might be getting to the point where you could get into the banks again.

TOP PICK

Well diversified internationally. Doesn’t see them having any great exposure to the CDO market, the US mortgage market. Feels they can hold their 22% ROE.

Showing 1,066 to 1,080 of 1,691 entries

Most Recent Experts

Jamie Murray

Murray Wealth Group

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Jim Cramer - Mad Money

CNBC

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Keith Richards

ValueTrend Wealth Management

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].

Summer Sale

Bank of Nova Scotia (BNS.TO)