Bank of Nova Scotia

BNS-T

TSE:BNS

77.60
0.09 (0.12%)
The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational bank. It is the third largest bank in Canada by deposits and market capitalization.
More at Wikipedia

Analysis and Opinions about BNS-T

Signal
Opinion
Expert
Chart
COMMENT
COMMENT
April 16, 2021
Cannot talk about BNS because he works there. However, likes all the banks and thinks they will all work here.
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Cannot talk about BNS because he works there. However, likes all the banks and thinks they will all work here.
Greg Newman
Price
$77.610
Owned
Unknown
TOP PICK
TOP PICK
April 9, 2021
In a transformation to digital by investing in wealth business acuiqistions. International exposure is being retooled too. Likes it in general since banks have tail winds like yield curve steepening, ability to buy back stocks again, etc. One of the cheaper banks. The wealth business is showing good returns. Good value and volatility measures. (Analysts’ price target is $80.45)
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In a transformation to digital by investing in wealth business acuiqistions. International exposure is being retooled too. Likes it in general since banks have tail winds like yield curve steepening, ability to buy back stocks again, etc. One of the cheaper banks. The wealth business is showing good returns. Good value and volatility measures. (Analysts’ price target is $80.45)
Jason Mann
Price
$78.320
Owned
Yes
BUY
BUY
April 6, 2021
Banks are in a sweet spot now. BNS has held reserves very well during Covid; he expects these reserves to come off and go to the bottom line. Their issue was that their international banking was down a lot in revenues, however, but will improve in coming quarters with better growth. They're weaker in investment banking than, say, RY, but they should benefit from the general environment in retail banking and wealth management. People are worried about the Canadian mortgage industry and the hot housing market in Toronto and Vancouver, but he doesn't foresee the same problems as in the States when it comes to shaky mortgages. Mortgages have been a great business for banks for the last 60 years.
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Banks are in a sweet spot now. BNS has held reserves very well during Covid; he expects these reserves to come off and go to the bottom line. Their issue was that their international banking was down a lot in revenues, however, but will improve in coming quarters with better growth. They're weaker in investment banking than, say, RY, but they should benefit from the general environment in retail banking and wealth management. People are worried about the Canadian mortgage industry and the hot housing market in Toronto and Vancouver, but he doesn't foresee the same problems as in the States when it comes to shaky mortgages. Mortgages have been a great business for banks for the last 60 years.
Paul Harris, CFA
Price
$78.140
Owned
Unknown
TOP PICK
TOP PICK
April 5, 2021
Emerging markets are more volatile than developed markets. This is the most globally ambitious of the Canadian banks. The return on equity is lower than their peers and should be boosted this year. Their credit provisions last years were quite large compared to others but should face easy comparisons this year. He thinks the regulators will free them up later this year to increase dividends and possibly buy back shares. (Analysts’ price target is $80.41)
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Emerging markets are more volatile than developed markets. This is the most globally ambitious of the Canadian banks. The return on equity is lower than their peers and should be boosted this year. Their credit provisions last years were quite large compared to others but should face easy comparisons this year. He thinks the regulators will free them up later this year to increase dividends and possibly buy back shares. (Analysts’ price target is $80.41)
Brian Madden
Price
$78.450
Owned
Yes
BUY
BUY
March 10, 2021

Canadian banks as a group are attractive right now. The entire space should fare well. US banks valuations have come up, whereas Canadian ones are still undervalued. He also likes RY and TD.

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Canadian banks as a group are attractive right now. The entire space should fare well. US banks valuations have come up, whereas Canadian ones are still undervalued. He also likes RY and TD.

Shane Obata
Price
$79.330
Owned
Yes
BUY
BUY
December 22, 2020
He owns many Canadian banks. Pays a higher dividend than peers and is exposed to Latin America, which offers growth. The Canadian banking sector is undervalued and offers dividend growth. Banks are well capitalized and in great shape.
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Bank of Nova Scotia (BNS-T)
December 22, 2020
He owns many Canadian banks. Pays a higher dividend than peers and is exposed to Latin America, which offers growth. The Canadian banking sector is undervalued and offers dividend growth. Banks are well capitalized and in great shape.
Lorne Steinberg
Price
$67.850
Owned
Yes
BUY
BUY
December 16, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Currently one of the preferred Canadian banks along with TD. Recently added to the position. The earnings were better than expected. Unlock Premium - Try 5i Free

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Bank of Nova Scotia (BNS-T)
December 16, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Currently one of the preferred Canadian banks along with TD. Recently added to the position. The earnings were better than expected. Unlock Premium - Try 5i Free

TOP PICK
TOP PICK
December 4, 2020
It is a more international bank, especially in South America which should start to do better. They offer a good yield. A very good place to be. Balance sheet and liquidity is strong. It is yielding over 5%. (Analysts’ price target is $68.19)
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It is a more international bank, especially in South America which should start to do better. They offer a good yield. A very good place to be. Balance sheet and liquidity is strong. It is yielding over 5%. (Analysts’ price target is $68.19)
Michael Sprung
Price
$67.470
Owned
Yes
TOP PICK
TOP PICK
December 2, 2020
Big quarter yesterday. Likes its exposure to emerging markets. Canada's third largest bank. ROE is 11.5%, and that's mid-cycle. Pruning non-core assets. Harvesting fruits of previous acquisitions. Sees double-digit returns. Yield is 5.49%. (Analysts’ price target is $68.12)
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Big quarter yesterday. Likes its exposure to emerging markets. Canada's third largest bank. ROE is 11.5%, and that's mid-cycle. Pruning non-core assets. Harvesting fruits of previous acquisitions. Sees double-digit returns. Yield is 5.49%. (Analysts’ price target is $68.12)
Brian Madden
Price
$65.690
Owned
Yes
BUY
BUY
November 27, 2020

TD and BMO have big US exposure, but he prefers buying a US bank itself. BNS has strong international exposure, especially Latin America, which he likes. Likes the diversity.

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Bank of Nova Scotia (BNS-T)
November 27, 2020

TD and BMO have big US exposure, but he prefers buying a US bank itself. BNS has strong international exposure, especially Latin America, which he likes. Likes the diversity.

Norman Levine
Price
$65.050
Owned
Yes
HOLD
HOLD
November 23, 2020
Canadian banks always seem to move as a group higher or lower. It seems like this one is in that part of the cycle where a lot of their end markets are under-performing. He likes it and it has a nice, safe dividend that will grow over the long term. Don’t switch because of recent under-performance.
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Bank of Nova Scotia (BNS-T)
November 23, 2020
Canadian banks always seem to move as a group higher or lower. It seems like this one is in that part of the cycle where a lot of their end markets are under-performing. He likes it and it has a nice, safe dividend that will grow over the long term. Don’t switch because of recent under-performance.
Jamie Murray
Price
$63.480
Owned
Yes
BUY
BUY
November 17, 2020
He likes it. It's been underperforming. Typically, the underperformer one year, outperforms the next though not every year. BNS does a lot of business in Latin America, which is a decent opportunity, but has struggled during Covid. This could be a buying opportunity, though. Be patient. The valuation and dividend are attractive. Earnings and loan losses are not bad. Eventually, this will revert to the mean and outperform the other banks in the next two years.
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Bank of Nova Scotia (BNS-T)
November 17, 2020
He likes it. It's been underperforming. Typically, the underperformer one year, outperforms the next though not every year. BNS does a lot of business in Latin America, which is a decent opportunity, but has struggled during Covid. This could be a buying opportunity, though. Be patient. The valuation and dividend are attractive. Earnings and loan losses are not bad. Eventually, this will revert to the mean and outperform the other banks in the next two years.
Peter Hodson
Price
$62.090
Owned
Unknown
BUY
BUY
October 21, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has better yield than some other banks and is slightly cheaper. It has underperformed but historically the worst performer during a period turns better in the next period and reverts to the mean. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has better yield than some other banks and is slightly cheaper. It has underperformed but historically the worst performer during a period turns better in the next period and reverts to the mean. Unlock Premium - Try 5i Free

BUY
BUY
October 13, 2020
He's added to this recently. The banks have done a very good job; their capital ratios remain resilient. He sees no risk of any Canadian bank cutting their dividends--they're safe. We've probably seen the worst impact of Covid on their earnings. There's a lot of stimulus out there. Balance sheets are in good shape. Wealth management businesses have done well during this pandemic. Trades at a decent valuation and pays a good dividend. It's a safe investment. He's long the banks, Canadian and US.
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He's added to this recently. The banks have done a very good job; their capital ratios remain resilient. He sees no risk of any Canadian bank cutting their dividends--they're safe. We've probably seen the worst impact of Covid on their earnings. There's a lot of stimulus out there. Balance sheets are in good shape. Wealth management businesses have done well during this pandemic. Trades at a decent valuation and pays a good dividend. It's a safe investment. He's long the banks, Canadian and US.
John Zechner
Price
$56.430
Owned
Yes
HOLD
HOLD
September 28, 2020

Billy Kawasaki’s Insights - Picks from 5i Research. It has underperformed and investors have priced in much of the risk, including lower performance in Latin America. The dividend payout ratio is very low and the dividend is considered safe. Unlock Premium - Try 5i Free

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Bank of Nova Scotia (BNS-T)
September 28, 2020

Billy Kawasaki’s Insights - Picks from 5i Research. It has underperformed and investors have priced in much of the risk, including lower performance in Latin America. The dividend payout ratio is very low and the dividend is considered safe. Unlock Premium - Try 5i Free

Showing 1 to 15 of 1,448 entries

Bank of Nova Scotia(BNS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 23

Stockchase rating for Bank of Nova Scotia is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bank of Nova Scotia(BNS-T) Frequently Asked Questions

What is Bank of Nova Scotia stock symbol?

Bank of Nova Scotia is a Canadian stock, trading under the symbol BNS-T on the Toronto Stock Exchange (BNS-CT). It is usually referred to as TSX:BNS or BNS-T

Is Bank of Nova Scotia a buy or a sell?

In the last year, 23 stock analysts published opinions about BNS-T. 17 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bank of Nova Scotia.

Is Bank of Nova Scotia a good investment or a top pick?

Bank of Nova Scotia was recommended as a Top Pick by Greg Newman on 2021-04-16. Read the latest stock experts ratings for Bank of Nova Scotia.

Why is Bank of Nova Scotia stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bank of Nova Scotia worth watching?

23 stock analysts on Stockchase covered Bank of Nova Scotia In the last year. It is a trending stock that is worth watching.

What is Bank of Nova Scotia stock price?

On 2021-04-23, Bank of Nova Scotia (BNS-T) stock closed at a price of $77.6.