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) presents a mixed outlook among experts. While many see it as a long-term hold with solid fundamentals, including a strong dividend yield of around 4.5%, there are concerns about its lagging performance compared to peers and uncertainty surrounding its recent strategic decisions, such as the investment in KEY. Some analysts express optimism about the new management's direction and potential for growth, particularly in U.S. and international markets, while highlighting improvements in capital ratios and clean-ups in operations. Despite a recent uptick in share price and general strength in Canadian banks, several experts recommend caution, suggesting trimming positions or holding off on new investments until clearer opportunities arise due to concerns over the housing market and the credit cycle. Overall, BNS is recognized for its international focus and potential for recovery but still faces questions about its strategic execution and market position.

consensus icon
Consensus
Hold
valuation icon
Valuation
Undervalued
review icon
Similar
RY
BUY
Has pulled back and is now trading at a discount in terms of multiples to its peers. Feels this is unwarranted. Good price. Good dividend.
BUY
Because of their international exposure it will provide the least amount of downside risk and could be the best bank on the upside.
BUY
Likes this bank..
DON'T BUY
Model price has been coming down and is currently at $54.56. Only about an 8% upside. In his ranking, National Bank (NA-T) has a 25% positive, Royal (RY-T) is only 8%, Bank of Montréal (BMO-T) is 7.5%, Commerce (CM-T) is right on its model price and Toronto Dominion (TD-T) is actually negative by about 4%.
BUY
Any of the large Canadian banks are good to buy on a pullback. This is the most international of all Canadian banks.
HOLD
Great bank. ROE is about 20%. Going forward, if there is ever a hiccup in the Latin American sector the price would suffer. Because of this, he would prefer Royal (RY-T) or Toronto Dominion (TD-T).
WEAK BUY
Has always shown great expertise in developing their international asset base, specifically South America, Mexico. A little hesitant about banks in this stage of the cycle with only a 10% return.
BUY
Hollinger has a lawsuit for $50 million, which to a bank is not serious. She doesn't think there's any merit in it. Earnings growth rate looks excellent. Well-run bank.
DON'T BUY
All the banks look terrible, which is a reflection of the bank environment.
BUY
One of the few banks in Canada that has an emerging market exposure. On Private wealth management side they are moving forward.
BUY
Believes Bank of Canada will increase interest rates by a quarter-point in July and that this is priced into the stock today. Greater growth potential than any of the other major banks.
HOLD
Banks as a whole are very compelling long-term investments. Well-run bank with a great international franchise. Dividends and earnings growth will continue.
COMMENT
International exposure is an advantage in this market. The weakness is more in the US then in the developing countries.
COMMENT
Canadian banks on a long term investment are great. They like TD, because they are the best at retail banking.Scotia Bank is the only bank in a position to profit from growth, all other Canadian banks are saturated. However Scotia is heavily invested in the automotive industry.Feels that Scotia is fine for a long term investment, but all Canadian banks will be treading water for the rest of the year.
COMMENT
Today was a warning shot across the bow of all interest sensitives, especially here in Canada. 14.7% positive differential.In a high interest rate environment, banks will struggle "a lot".In Bank of Nova Scotia, there is value, other banks in Canada there is now value.
Showing 1,096 to 1,110 of 1,688 entries