TSE:BNS

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
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Investor Insights
star iconJun 27, 2026, 12:00 am

This summary was created by AI, based on 30 opinions in the last 12 months.

Experts generally recognize Bank of Nova Scotia (BNS) as a long-term investment with an attractive dividend yield, currently around 4.5% to 4.6%. However, there are mixed reviews on its recent performance, with some noting it has lagged behind peers like Royal Bank (RY) and TD in terms of growth and valuation. Analysts mention that BNS has a solid capital base and is seen as undervalued at approximately 1.5x book value, yet concerns regarding its strategic decisions and international exposure, particularly in Latin America, persist. The new management is considered a positive change, although uncertainties surrounding acquisitions and future growth strategies contribute to a cautious outlook from some experts. Overall, while short-term volatility and market conditions remain a factor, BNS is still deemed a viable option for investors looking for dividend income and stability in the Canadian banking sector.

consensus icon
Consensus
Hold
valuation icon
Valuation
Undervalued
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Similar
RY
COMMENT
Have a great asset in South America. They are going after faster growing regions in the world. If the US does slow down, they can pick up the slack. An under appreciated bank.
HOLD
If merger and acquisition activity were ever allowed, this would be a beautiful bank for a large US bank to buy. Have done a fantastic job in growing their business internationally. Wouldn't buy at this price but if it came off, would buy at that point.
BUY
Likes Toronto Dominion (TD-T) and Bank of Nova Scotia (BNS-T) as a combined arrangement. Likes its international diversification. The best play on Latin American growth on a global basis.
BUY
Banks will be reporting next week and generally analysts are expecting pretty good numbers. Likes this bank’s international diversification. Unique in its exposure in Latin America.
BUY
Lagging recently because of the leftist governments and volatility in Latin America. Still likes it but prefers TD (TD-T).
PAST TOP PICK
(A Top Pick May 25/06. Up 10%.) Likes their exposure to Central and South America, which is a growing middle class market.
BUY ON WEAKNESS
Under $44 would be a good entry point. Good fundamentals. Doing things in Mexico. Have the most money to spend of all the banks.
BUY
Generating revenues out of Latin America which gives a global slant. Buy one half position now and accumulate more as time goes on.
SELL
Thinks the banks are rolling over. You're not going to make a new high in the next 6/12 months. At the very minimum, it will retest the lows of May. There is probably another leg lower coming.
BUY
One of her favourite banks. Likes its international diversification. Good entry point.
HOLD
His 3rd favourite bank. In the 1st quarter of this year, with interest rates going up, all the banks got clobbered.
HOLD
Doesn't own any banks. The Canadian banks are relatively a little more expensive than some of the other global banks. This one is a very well run bank with good international opportunities. Good for a long term holding.
PAST TOP PICK
(A Top Pick Mar 6/06. Down 5.5%.) The bank group as a whole is off. Fairly attractive at this price. Safe place to be and a good long-term holding.
BUY
Probably more leveraged to the commodity side and international banking than any other Canadian stocks. Quality is good. Have had good returns.
BUY
Has the best profit growth in financials. It looks like it may be in the process of rebounding from pressure from bond yields.
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