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BNS
The Bank of Nova Scotia
$94.07
-0.03
(-0.03%)
| Exchange: | NYSE |
| Market Cap: | 114.68B |
| Shares Outstanding: | 913.609M |
Delayed data
About The Company
| Sector: | Financial ServicesView sector performance | |||||
| Industry: | Banks – DiversifiedView industry performance | |||||
| CEO: | Scott Thomson | |||||
| Full Time Employees: | 81734 | |||||
| Address: |
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| Website: | https://www.scotiabank.com |
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternatives, and institutional funds. The company was founded in 1832 and is headquartered in Toronto, Canada.
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Revenue Segmentation
BNS full analysis
Hey everyone, welcome back to MarketSnap. Buying BNS here is a real decision with real money on the line. We're not guessing — we're running the MarketSnap valuation model and letting the numbers lead. Today we're doing a deep dive on the Bank of Nova Scotia, ticker BNS. This is one of Canada's Big Six banks, and it's been on quite a run lately. The stock is up over forty-seven percent in the last year, and it's been pushing into…
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| BNS | The Bank of Nova Scotia | 114.7B | 16.8 | 15.4 | 0.6% |
 BMO | Bank of Montreal | 122.2B | 19.7 | 17.6 | 0.6% |
 CM | Canadian Imperial Bank of Commerce | 106.4B | 15.1 | 16.6 | 0.9% |
 ING | ING Groep N.V. | 104.0B | 14.0 | 11.7 | 2.8% |
 SMFG | Sumitomo Mitsui Financial Group, Inc. | 101.7B | 15.5 | 16.3 | 0.5% |
 USB | U.S. Bancorp | 93.6B | 12.5 | 11.5 | 9.5% |
EPS
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Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 31,787,000 | 29,483,000 | 73,177,000 |
| Gross Profit | 31,787,000 | 29,564,000 | 32,383,000 |
| EBITDA | 11,491,000 | 10,556,000 | 12,113,000 |
| Operating Income | 8,690,000 | 13,184,000 | 10,509,000 |
| Net Income | 7,410,000 | 7,758,000 | 7,789,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,410,789,000 | 1,412,027,000 | 1,460,042,000 |
| Total Liabilities | 1,332,122,000 | 1,327,951,000 | 1,371,455,000 |
| Total Stockholders Equity | 76,928,000 | 82,369,000 | 86,866,000 |
| Total Debt | 313,813,000 | 300,673,000 | 504,024,000 |
| Cash and Cash Equivalents | 90,312,000 | 63,860,000 | 65,967,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 31,724,000 | 15,652,000 | 5,407,000 |
| Capital Expenditure | -442,000 | -489,000 | -347,000 |
| Free Cash Flow | 31,282,000 | 15,163,000 | 5,060,000 |
| Net Income | 7,528,000 | 7,892,000 | 7,758,000 |
| Net Change in Cash | -892,000 | -767,000 | 850,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 44,871,311.065 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 45,950,230.576 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 45,345,236.076 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 18,235,513.975 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 18,537,119.898 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 18,386,316.937 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 13,014,009.910 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 13,243,214.410 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 13,128,612.160 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 12,749,180.114 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 13,055,730.978 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 12,883,835.313 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 10.530 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 10.640 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 10.450 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 4 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 3 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Q1 FY2025 Earnings Performance: Scotiabank reported adjusted earnings of $2.2 billion ($1.76 per share) for Q1 2025, surpassing expectations. This performance underscores the bank's operational resilience and effective cost management in a challenging macroeconomic environment.
- Strong Capital and Liquidity Position: The bank maintains a robust capital position, supported by a healthy balance sheet. This is evidenced by a stable debt-to-equity ratio and substantial total stockholders' equity, providing a buffer against economic volatility and positioning the bank for strategic growth initiatives.
- Attractive Shareholder Returns: With a trailing dividend yield of approximately 5.2% and a history of consistent dividend payments (lastDiv of $1.06), BNS offers a compelling income component for investors. The bank's commitment to returning capital to shareholders is reinforced by its disciplined capital allocation strategy.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates BNS intrinsic value between $85.25 – $180.66 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about BNS valuation
Is The Bank of Nova Scotia (BNS) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for The Bank of Nova Scotia (BNS) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BNS a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BNS trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is BNS’s P/E ratio?
You can see BNS’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BNS?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BNS a good long-term investment?
Whether BNS fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
BNS
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Daily snapshot
-0.03
Trading Metrics:
| Open: | 93.55 | Previous Close: | 94.1 | |
| Day Low: | 93.42 | Day High: | 94.22 | |
| Year Low: | 62.98 | Year High: | 95.34 | |
| Price Avg 50: | 89.91 | Price Avg 200: | 79.37 | |
| Volume: | 871236 | Average Volume: | 2.432M |
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