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The Bank of Nova Scotia logo

The Bank of Nova Scotia

BNS

NYSEFinancial ServicesBanks - Diversified

Open in GoAI

Previous close

$87.57

+$1.13 · +1.31%

Aug 21, 4:00 PM ET

Pre-market

$87.56

−$0.01 · -0.01%

Aug 24, 7:07 AM ET

BNS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

52

Neutral

Sentiment

46

Mixed

Risk resilience

81

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

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.

Industry
Banks - Diversified
Sector
Financial Services
Headquarters
CA
CEO
Lawren Scott Thomson
Listed since
Jun 7, 2002
Employees
80,415

Market position

Day range

Current $87.57

52-week range

Current $87.57

Open
$87.50
Previous close
$86.44
Volume
860.58K
0.36× average
Average volume
2.42M
Average daily volume
Market cap
106.76B USD
Beta
1.21
Market reference 1
50-day average
$87.4518
+0.14% above average
200-day average
$77.0665
+13.63% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
552.32B CAD
P/E (TTM)
16.54×
P/B (TTM)
1.7×
P/S (TTM)
2.41×
EV / EBITDA
45.6×
Earnings yield
6.82%
Free cash flow yield
4.43%
Dividend yield
3.68%

Profitability & efficiency

Gross margin
55.01%
Operating margin
20.37%
Net margin
15.64%
Return on equity
8.97%
Return on assets
0.53%
Return on invested capital
1.12%

Financial health

Debt / equity
3.29×
Current ratio
0.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends109%73%38%2%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.27%Gross margin, FY2025: 44.25%Operating margin, FY2021: 40.42%Operating margin, FY2022: 90.27%Operating margin, FY2023: 27.34%Operating margin, FY2024: 44.72%Operating margin, FY2025: 14.36%Net margin, FY2021: 31.13%Net margin, FY2022: 31.84%Net margin, FY2023: 23.31%Net margin, FY2024: 26.31%Net margin, FY2025: 10.64%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.27%. Gross margin FY2025 44.25%. Operating margin FY2021 40.42%. Operating margin FY2022 90.27%. Operating margin FY2023 27.34%. Operating margin FY2024 44.72%. Operating margin FY2025 14.36%. Net margin FY2021 31.13%. Net margin FY2022 31.84%. Net margin FY2023 23.31%. Net margin FY2024 26.31%. Net margin FY2025 10.64%.

Income trends

Revenue

73.18B CAD+148.20%

Operating income

10.51B CAD-20.29%

Net income

7.79B CAD+0.40%
Income trends across reported periods79.75B CAD53.45B CAD27.14B CAD833.3M CADRevenue, FY2021: 30.91B CADRevenue, FY2022: 31.15B CADRevenue, FY2023: 31.79B CADRevenue, FY2024: 29.48B CADRevenue, FY2025: 73.18B CADOperating income, FY2021: 12.5B CADOperating income, FY2022: 28.12B CADOperating income, FY2023: 8.69B CADOperating income, FY2024: 13.18B CADOperating income, FY2025: 10.51B CADNet income, FY2021: 9.62B CADNet income, FY2022: 9.92B CADNet income, FY2023: 7.41B CADNet income, FY2024: 7.76B CADNet income, FY2025: 7.79B CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 30.91B CAD. Revenue FY2022 31.15B CAD. Revenue FY2023 31.79B CAD. Revenue FY2024 29.48B CAD. Revenue FY2025 73.18B CAD. Operating income FY2021 12.5B CAD. Operating income FY2022 28.12B CAD. Operating income FY2023 8.69B CAD. Operating income FY2024 13.18B CAD. Operating income FY2025 10.51B CAD. Net income FY2021 9.62B CAD. Net income FY2022 9.92B CAD. Net income FY2023 7.41B CAD. Net income FY2024 7.76B CAD. Net income FY2025 7.79B CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue73.18B CAD29.48B CAD31.79B CAD31.15B CAD30.91B CAD
Cost of goods sold40.79B CAD46.46B CAD———
Gross profit32.38B CAD29.56B CAD31.79B CAD31.15B CAD30.91B CAD
Selling, general, and administrative11.5B CAD10.47B CAD10.17B CAD9.32B CAD8.95B CAD
Operating expenses21.87B CAD19.64B CAD31.79B CAD−3.03B CAD−18.42B CAD
Interest income57.6B CAD61.66B CAD56.82B CAD33.56B CAD24.99B CAD
Interest expense36.08B CAD42.41B CAD38.54B CAD15.44B CAD8.03B CAD
Depreciation and amortization1.6B CAD1.76B CAD1.82B CAD1.53B CAD1.51B CAD
Operating income10.51B CAD13.18B CAD8.69B CAD28.12B CAD12.5B CAD
Net income7.79B CAD7.76B CAD7.41B CAD9.92B CAD9.62B CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+0.06%
11 comparable reports
Latest EPS result
1.47
Estimate 1.42 · Beat by 3.52%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.591.391.21Q4 '24MissQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 3, 2024: actual 1.15, estimate 1.16, surprise -0.86%, Miss. Q1 2025, reported Feb 25, 2025: actual 1.22, estimate 1.17, surprise +4.27%, Beat. Q2 2025, reported May 27, 2025: actual 1.06, estimate 1.14, surprise -7.02%, Miss. Q3 2025, reported Aug 26, 2025: actual 1.37, estimate 1.28, surprise +7.03%, Beat. Q4 2025, reported Dec 2, 2025: actual 1.39, estimate 1.33, surprise +4.51%, Beat. Q1 2026, reported Feb 24, 2026: actual 1.48, estimate 1.42, surprise +4.23%, Beat. Q2 2026, reported May 27, 2026: actual 1.47, estimate 1.42, surprise +3.52%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 1.53, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates14.16B11.32B8.48B5.64BQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 3, 2024: actual 13.57B USD, estimate 6.23B USD, surprise +117.74%, Beat. Q1 2025, reported Feb 25, 2025: actual 12.93B USD, estimate 6.29B USD, surprise +105.68%, Beat. Q2 2025, reported May 27, 2025: actual 13B USD, estimate 6.75B USD, surprise +92.55%, Beat. Q3 2025, reported Aug 26, 2025: actual 13.03B USD, estimate 6.82B USD, surprise +91.02%, Beat. Q4 2025, reported Dec 2, 2025: actual 12.99B USD, estimate 6.99B USD, surprise +85.81%, Beat. Q1 2026, reported Feb 24, 2026: actual 7.4B USD, estimate 7.13B USD, surprise +3.66%, Beat. Q2 2026, reported May 27, 2026: actual 7.24B USD, estimate 7.13B USD, surprise +1.53%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 7.1B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

19 ratings
Strong buy00%
Buy1053%
Hold842%
Sell15%
Strong sell00%

BNS news

zacks.com

Will Bank of Nova Scotia (BNS) Beat Estimates Again in Its Next Earnings Report?

Bank of Nova Scotia (BNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Read source
zacks.com

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Read source
defenseworld.net

Contrasting Banco Latinoamericano de Comercio Exterior (NYSE:BLX) & Bank of Nova Scotia (NYSE:BNS)

Banco Latinoamericano de Comercio Exterior (NYSE: BLX - Get Free Report) and Bank of Nova Scotia (NYSE: BNS - Get Free Report) are both finance companies, but which is the superior investment? We will compare the two…

Read source
defenseworld.net

Head-To-Head Comparison: Oversea-Chinese Banking (OTCMKTS:OVCHY) vs. Bank of Nova Scotia (NYSE:BNS)

Bank of Nova Scotia (NYSE: BNS - Get Free Report) and Oversea-Chinese Banking (OTCMKTS:OVCHY - Get Free Report) are both large-cap finance companies, but which is the superior stock? We will compare the two businesses…

Read source
seekingalpha.com

Bank Of Nova Scotia Gets Bullish View Reaffirmed As Diversified Banking Model Delivers

Bank of Nova Scotia gets its buy rating from 2023 reaffirmed, as my high confidence in the bullish case continues despite share price growth lately. Positive strengths are the A-level investment-grade rating, improving…

Read source
zacks.com

Why Bank of Nova Scotia (BNS) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Nova Scotia (BNS) have what it takes?

Read source

Corporate actions

Corporate action history

Stock split

Effective Apr 29, 2004

2:1

ETFs holding BNS

Funds reporting this stock among their holdings, ordered by reported position size.

Dimensional - International Value ETF logoDimensional - International Value ETFDFIV
Market value
111.51M
Weight
0.51%
AUM
22.06B USD
Expense ratio
0.27%
Price / 1D
$58.31+0.88%
Invesco S&P International Developed Momentum ETF logoInvesco S&P International Developed Momentum ETFIDMO
Market value
70.93M
Weight
1.66%
AUM
4.33B USD
Expense ratio
0.25%
Price / 1D
$62.88+1.16%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
56.18M
Weight
0.31%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
First Trust Value Line Dividend Index Fund logoFirst Trust Value Line Dividend Index FundFVD
Market value
33.07M
Weight
0.40%
AUM
8.29B USD
Expense ratio
0.62%
Price / 1D
$50.70+0.06%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
29.61M
Weight
0.19%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
GMO International Value ETF logoGMO International Value ETFGMOI
Market value
20.38M
Weight
3.20%
AUM
637M USD
Expense ratio
0.60%
Price / 1D
$41.625+1.35%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
12.69M
Weight
0.10%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Invesco RAFI Developed Markets ex-U.S. ETF logoInvesco RAFI Developed Markets ex-U.S. ETFPXF
Market value
11.7M
Weight
0.39%
AUM
3B USD
Expense ratio
0.43%
Price / 1D
$79.77+0.90%

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