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
0
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.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Fair Value
review icon
Similar
RY
BUY
An excellent bank. Expects dividend increases will continue. Look for more modest increases in the banks, such as 5/10%. Manulife and Sun Life have the capacity to increase their dividends more than the banks, which would be a good alternative to the banks.
TOP PICK
One of the best operated banks in Canada. Has a significant presence outside of Canada. Also has the most efficient and profitable domestic banking franchise. Exceptionally well run.
TOP PICK
Feels this is the better of the big 5 banks. Have a great strategy in Latin America which should play well for them next year. 3 1/2% dividend. The first quarter next year should be pretty decent, but feels the markets are going to come off very sharply after that. This is a defensive play.
BUY
Banks are consistently good. This one is the most successful international Canadian bank.
PAST TOP PICK
(A past Top Pick Oct 4/04. Up 5%.) Still likes the banks. Feels this a bank that can deploy its new capital and create shareholder value. Likes their Latin America exposure.
BUY
Has the most steady stream of earnings growth of all the banks. Has increased their dividend again. The 5 year history of dividends show that it has grown at 5% compound per annum.
DON'T BUY
Not a fan of the banks. Historically, they are all trading at 55 valuation highs and have always had major corrections.
BUY
There is a general slowdown in the growth of the banks. Great management. Good dividend income and growth.
BUY
2 favourite banks are Bank of Nova Scotia and the Bank of Commerce with Toronto Dominion being a 3rd choice.
BUY
Banks, historically have been vulnerable in a rising rate environment. Offers reasonable value here.
TOP PICK
Has a good strategy to use its excess capital internationally. Very strong bank. Increasing ROE over the next 2 years. Strong dividend growth.
BUY
Likes the international aspect of this bank.
BUY
Likes this and Toronto Dominion Bank best.
BUY ON WEAKNESS
Conservative so little danger of any write offs. Buy on weakness.
BUY
Banks have been running hard and thinks it's because of a shift of money out of the cyclicals. Prefers Bank of Nova Scotia or Toronto Dominion.
Showing 1,321 to 1,335 of 1,691 entries