TSE:BNS

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
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Investor Insights
star iconAug 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.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
RY
TOP PICK
(A Top Pick Jan 23/06. Down 5%.) The banks in general have all sold off. Has a reasonable multiple and reasonable dividend. The stock may be hurt by unrest in South America. Wouldn't buy at this time.
WEAK BUY
Has dropped in the last month due to their exposure in Southern and Latin America. Prefers Toronto Dominion (TD-T) and the Royal (RY-T).
BUY
Likes this band. Has been moving sideways. With tightening margins and flattening yield curves, bank earnings are not being helped.
BUY
They are now the 2nd biggest bank in Peru. The most efficient bank in terms of cost/management ratio in Canada.
PAST TOP PICK
(A Top Pick Dec 22/05. No change.) Still likes it. Now would be a good time to buy.
BUY
One of the more stable banks. Has been under performing of late. The last quarter was a little weaker.
PAST TOP PICK
(A Top Pick Jan 16/06. Up 1.5%.) Banks are getting a little expensive.
HOLD
Basically moved sideways over the 1.5 years. Had outperformed all the others previously. Have a great franchise, especially in Latin America which they are growing. Done a poor job on the wealth management side, particularly mutual funds and they are trying to grow that.
BUY
Likes it off shore operations in the Caribbean and Latin America. Very well positioned. One of the best managed banks.
TOP PICK
Likes their Caribbean and Latin America assets. 3% yield. Lowest cost producer in Canada.
PAST TOP PICK
Bank of Nova Scotia is a past pick. It is up 3.6%. She still owns the stock and still likes the stock. It has had solid double digit growth.
BUY
Third choice out of CIBC, TD, Bank of Nova Scotia. It's a good long term core holding.
TOP PICK
Bank of Nova Scotia reported earnings were slightly above, but the retail part was slightly down so the stock went down. Of the big banks it is the cheapest and has the most cash. He likes the management, they are sharp. Best entry point. He is buying at these prices.
PAST TOP PICK
Up 6%. Doing well, but looking pricey now. Wait for earnings to come out before buying any more.
BUY
Best long term investment in Canada. You should have bank exposure in your portfolio. Banks tend to move as a group, and he looks on other banks more favourably but this is a good time to be in. If you don't have any bank exposure, he would buy at $47.70.
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