Bank of Nova Scotia

BNS-T

TSE:BNS

70.21
0.25 (0.36%)
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
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.
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)
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)
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.

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.
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.
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.
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

HOLD
HOLD
September 25, 2020
It has been the poorest performer of the Canadian banks for some time. He believes there needs to be a management change. The yield is attractive. Banking will be a tough business going forward because of low interest rates. We shouldn't see mass default due to government aid. The dividend is safe.
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Bank of Nova Scotia (BNS-T)
September 25, 2020
It has been the poorest performer of the Canadian banks for some time. He believes there needs to be a management change. The yield is attractive. Banking will be a tough business going forward because of low interest rates. We shouldn't see mass default due to government aid. The dividend is safe.
DON'T BUY
DON'T BUY
September 1, 2020

He prefers CIBC or RY (capital markets are driving stronger revenue), and he isn't looking at BNS. He has little exposure to financial services. However, banks are showing improving technical signals, like attractive valuations and starting to approach previous highs. BNS has exposure to Latin America, which is another headwind.

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Bank of Nova Scotia (BNS-T)
September 1, 2020

He prefers CIBC or RY (capital markets are driving stronger revenue), and he isn't looking at BNS. He has little exposure to financial services. However, banks are showing improving technical signals, like attractive valuations and starting to approach previous highs. BNS has exposure to Latin America, which is another headwind.

HOLD
HOLD
August 21, 2020
They own it in their client portfolio. They have streamlined operations in their international offerings. In doing so, their earnings were a little choppy which caused the underperformance. Going forward it should see earnings growth. They are well positioned and the dividend is safe.
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They own it in their client portfolio. They have streamlined operations in their international offerings. In doing so, their earnings were a little choppy which caused the underperformance. Going forward it should see earnings growth. They are well positioned and the dividend is safe.
HOLD
HOLD
August 13, 2020
With a 10-year time horizon, any of the banks are good investments. Low multiples, good dividends. Loan losses will be higher for a couple of quarters for sure. Dividends aren't being cut. You should have some banks in your portfolio. He owns it.
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With a 10-year time horizon, any of the banks are good investments. Low multiples, good dividends. Loan losses will be higher for a couple of quarters for sure. Dividends aren't being cut. You should have some banks in your portfolio. He owns it.
BUY WEAKNESS
BUY WEAKNESS
July 29, 2020

They have less diversification compared to TD Bank, but he is not too worried on credit losses. Their dividend is sustainable and the capital ratio is alright. He would be accumulating around these levels.

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They have less diversification compared to TD Bank, but he is not too worried on credit losses. Their dividend is sustainable and the capital ratio is alright. He would be accumulating around these levels.

Showing 1 to 15 of 1,443 entries

Bank of Nova Scotia(BNS-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 23

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 31

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, 31 stock analysts published opinions about BNS-T. 23 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Lorne Steinberg on 2020-12-22. 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?

31 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 2021-01-15, Bank of Nova Scotia (BNS-T) stock closed at a price of $70.21.