(BNS) Bank of Nova Scotia - Ratings and Ratios
Banking, Mortgages, Investments, Loans, Insurance
BNS EPS (Earnings per Share)
BNS Revenue
Description: BNS Bank of Nova Scotia September 26, 2025
The Bank of Nova Scotia (BNS) is a diversified financial services firm operating across Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean, Central America, and globally. Its business is organized into four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking & Markets, each delivering a mix of retail, commercial, and investment products.
Core retail offerings include debit and credit cards, chequing and savings accounts, mortgages, personal loans, and insurance, while its commercial arm provides lending, deposits, cash-management, and trade-finance solutions to firms of all sizes. The wealth-management franchise adds online and full-service brokerage, trust and private-banking services, and a suite of mutual funds, ETFs, liquid alternatives, and institutional funds.
From a quantitative standpoint, BNS reported a 2024 Q3 net interest margin of 2.45 %-slightly above the Canadian banking average-while loan growth in its International Banking segment accelerated to 6.2 % YoY, driven largely by expanding credit exposure in Mexico and the Caribbean. The bank’s common-equity tier-1 (CET1) capital ratio stood at 13.1 % in Q3, providing a solid buffer amid tightening credit conditions, and its dividend yield remained near 5.2 %.
Key macro drivers for BNS include Canadian housing market dynamics, U.S. interest-rate policy (which influences cross-border loan pricing), and commodity price trends that affect its Latin-American operations. A deterioration in Canadian mortgage credit quality or a sustained rise in U.S. rates could pressure net interest income, whereas continued economic diversification in its International Banking markets offers upside potential.
For a deeper quantitative assessment, you might explore ValueRays proprietary risk-adjusted return models for BNS.
BNS Stock Overview
| Market Cap in USD | 80,101m |
| Sub-Industry | Diversified Banks |
| IPO / Inception | 1999-09-13 |
BNS Stock Ratings
| Growth Rating | 64.9% |
| Fundamental | 56.0% |
| Dividend Rating | 61.8% |
| Return 12m vs S&P 500 | 11.2% |
| Analyst Rating | 3.47 of 5 |
BNS Dividends
| Dividend Yield 12m | 4.74% |
| Yield on Cost 5y | 9.90% |
| Annual Growth 5y | 4.12% |
| Payout Consistency | 94.6% |
| Payout Ratio | 46.2% |
BNS Growth Ratios
| Growth Correlation 3m | 93.6% |
| Growth Correlation 12m | 65.8% |
| Growth Correlation 5y | 11.8% |
| CAGR 5y | 17.73% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.72 |
| CAGR/Mean DD 3y (Pain Ratio) | 2.40 |
| Sharpe Ratio 12m | 1.51 |
| Alpha | 7.50 |
| Beta | 1.265 |
| Volatility | 13.27% |
| Current Volume | 953.5k |
| Average Volume 20d | 1514.1k |
| Stop Loss | 63.2 (-3.1%) |
| Signal | 0.99 |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (7.21b TTM) > 0 and > 6% of Revenue (6% = 4.43b TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA 0.43pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1125 % (prev 122.7%; Δ -1247 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.01 (>3.0%) and CFO 18.79b > Net Income 7.21b (YES >=105%, WARN >=100%) |
| Net Debt (414.35b) to EBITDA (11.17b) ratio: 37.09 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.19 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.25b) change vs 12m ago 0.81% (target <= -2.0% for YES) |
| Gross Margin 42.48% (prev 13.72%; Δ 28.76pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 5.24% (prev 3.86%; Δ 1.38pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.25 (EBITDA TTM 11.17b / Interest Expense TTM 37.85b) >= 6 (WARN >= 3) |
Altman Z'' -3.61
| (A) -0.59 = (Total Current Assets 191.81b - Total Current Liabilities 1022.49b) / Total Assets 1414.69b |
| (B) 0.04 = Retained Earnings (Balance) 58.70b / Total Assets 1414.69b |
| (C) 0.01 = EBIT TTM 9.47b / Avg Total Assets 1408.53b |
| (D) 0.06 = Book Value of Equity 75.26b / Total Liabilities 1329.20b |
| Total Rating: -3.61 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.96
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield 4.57% = 2.28 |
| 3. FCF Margin 25.01% = 6.25 |
| 4. Debt/Equity 5.78 = -2.50 |
| 5. Debt/Ebitda 37.09 = -2.50 |
| 6. ROIC - WACC (= -1.21)% = -1.51 |
| 7. RoE 8.59% = 0.72 |
| 8. Rev. Trend 87.11% = 6.53 |
| 9. EPS Trend -26.30% = -1.32 |
What is the price of BNS shares?
Over the past week, the price has changed by +1.83%, over one month by +1.95%, over three months by +17.39% and over the past year by +32.80%.
Is Bank of Nova Scotia a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BNS is around 68.19 USD . This means that BNS is currently overvalued and has a potential downside of 4.54%.
Is BNS a buy, sell or hold?
- Strong Buy: 4
- Buy: 0
- Hold: 10
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the BNS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 61.2 | -6.1% |
| Analysts Target Price | 61.2 | -6.1% |
| ValueRay Target Price | 72.4 | 10.9% |
BNS Fundamental Data Overview October 24, 2025
P/E Trailing = 17.3306
P/E Forward = 11.4943
P/S = 2.5271
P/B = 1.4957
P/EG = 1.5706
Beta = 1.265
Revenue TTM = 73.86b CAD
EBIT TTM = 9.47b CAD
EBITDA TTM = 11.17b CAD
Long Term Debt = 192.39b CAD (from longTermDebt, last quarter)
Short Term Debt = 291.66b CAD (from shortTermDebt, last quarter)
Debt = 484.05b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 414.35b CAD (from netDebt column, last quarter)
Enterprise Value = 404.28b CAD (112.05b + Debt 484.05b - CCE 191.81b)
Interest Coverage Ratio = 0.25 (Ebit TTM 9.47b / Interest Expense TTM 37.85b)
FCF Yield = 4.57% (FCF TTM 18.47b / Enterprise Value 404.28b)
FCF Margin = 25.01% (FCF TTM 18.47b / Revenue TTM 73.86b)
Net Margin = 9.76% (Net Income TTM 7.21b / Revenue TTM 73.86b)
Gross Margin = 42.48% ((Revenue TTM 73.86b - Cost of Revenue TTM 42.48b) / Revenue TTM)
Gross Margin QoQ = 46.16% (prev 41.97%)
Tobins Q-Ratio = 0.29 (Enterprise Value 404.28b / Total Assets 1414.69b)
Interest Expense / Debt = 1.78% (Interest Expense 8.63b / Debt 484.05b)
Taxrate = 24.70% (829.0m / 3.36b)
NOPAT = 7.13b (EBIT 9.47b * (1 - 24.70%))
Current Ratio = 0.19 (Total Current Assets 191.81b / Total Current Liabilities 1022.49b)
Debt / Equity = 5.78 (Debt 484.05b / totalStockholderEquity, last quarter 83.80b)
Debt / EBITDA = 37.09 (Net Debt 414.35b / EBITDA 11.17b)
Debt / FCF = 22.43 (Net Debt 414.35b / FCF TTM 18.47b)
Total Stockholder Equity = 83.97b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.51% (Net Income 7.21b / Total Assets 1414.69b)
RoE = 8.59% (Net Income TTM 7.21b / Total Stockholder Equity 83.97b)
RoCE = 3.43% (EBIT 9.47b / Capital Employed (Equity 83.97b + L.T.Debt 192.39b))
RoIC = 1.89% (NOPAT 7.13b / Invested Capital 377.22b)
WACC = 3.10% (E(112.05b)/V(596.09b) * Re(10.68%) + D(484.05b)/V(596.09b) * Rd(1.78%) * (1-Tc(0.25)))
Discount Rate = 10.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.39%
[DCF Debug] Terminal Value 66.82% ; FCFE base≈16.01b ; Y1≈14.19b ; Y5≈11.81b
Fair Price DCF = 114.9 (DCF Value 142.76b / Shares Outstanding 1.24b; 5y FCF grow -14.04% → 3.0% )
EPS Correlation: -26.30 | EPS CAGR: -4.02% | SUE: 0.79 | # QB: 0
Revenue Correlation: 87.11 | Revenue CAGR: 36.85% | SUE: 1.43 | # QB: 3
Additional Sources for BNS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle