BNS - Bank of Nova Scotia - Stock Price & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA0641491075

Banking Services, Credit Cards, Loans, Investments, Insurance, Mortgages

The Bank of Nova Scotia, also known as Scotiabank, is a leading financial institution that offers a wide range of banking products and services to individuals, small businesses, and large corporations across Canada, the United States, Latin America, and the Caribbean.

Through its four main business segments - Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets - the bank provides a diverse array of financial solutions, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance products to individuals.

In addition to personal banking services, Scotiabank offers specialized business banking solutions, including lending, deposit, cash management, and trade finance solutions, tailored to meet the unique needs of small, medium, and large businesses.

The bank's wealth management division provides expert advice and a range of investment products, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services, as well as a variety of retail mutual funds, exchange-traded funds, liquid alternatives, and institutional funds.

With a rich history dating back to 1832, Scotiabank is one of the oldest and most respected banks in Canada, with its headquarters located in Toronto. Today, the bank continues to innovate and expand its services, offering customers a convenient and secure online banking platform, as well as a network of branches and ATMs across its operating regions.

For more information about Scotiabank's products and services, customers can visit their website at https://www.scotiabank.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for BNS - Bank of Nova Scotia  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for BNS - Bank of Nova Scotia  - Stock Price & Dividends

BNS Stock Overview

Market Cap in USD 56,728m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception

BNS Stock Ratings

Growth 5y 23.6
Fundamental 3.04
Dividend 78.74
Rel. Performance vs Sector -0.79
Analysts -
Fair Price Momentum 61.56 CAD
Fair Price DCF 617.83 CAD

BNS Dividends

Dividend Yield 12m 6.61%
Yield on Cost 5y 8.12%
Dividends CAGR 5y 9.63%
Payout Consistency 91.6%

BNS Growth Ratios

Growth 12m 4.96%
Growth Correlation 12m 42%
Growth Correlation 3m -26%
CAGR 5y 4.21%
CAGR/Mean DD 5y 0.29
Sharpe Ratio 12m -0.03
Alpha vs SP500 12m -15.97
Beta vs SP500 5y weekly 0.74
ValueRay RSI 84.18
Volatility GJR Garch 1y 16.59%
Price / SMA 50 1.63%
Price / SMA 200 4.96%
Current Volume 4060.2k
Average Volume 20d 5628.5k

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What is the price of BNS stocks?
As of July 14, 2024, the stock is trading at CAD 64.15 with a total of 4,060,229 shares traded.
Over the past week, the price has changed by +4.14%, over one month by +0.44%, over three months by -1.74% and over the past year by +4.61%.
What are the forecast for BNS stock price target?
According to ValueRays Forecast Model, BNS Bank of Nova Scotia will be worth about 66.6 in July 2025. The stock is currently trading at 64.15. This means that the stock has a potential upside of +3.87%.
Issuer Forecast Upside
Wallstreet Target Price 67.7 5.57
Analysts Target Price - -
ValueRay Target Price 66.6 3.87

Bank of Nova Scotia (BNS): Its Legacy and Modern Footprint

Historical Insights

The Bank of Nova Scotia, known as Scotiabank, was established in 1832 in Halifax, Nova Scotia. It started as a public bank aimed at facilitating the thriving transatlantic trade of the time. Its foundation was based on providing the working capital needed by merchants. Through strategic acquisitions and expansion, Scotiabank grew beyond its local boundaries, marking its presence internationally.

Core Business and Diversification

Scotiabank's core business revolves around banking and financial services, including retail, commercial, corporate, and investment banking, along with wealth management and insurance services. While it started with a focus on facilitating trade, today it stands as a comprehensive financial services provider. Diversification into international markets and a broad spectrum of financial services underpins its growth strategy. Scotiabank has made significant forays into Latin America, the Caribbean, Europe, and parts of Asia, emphasizing its tagline, 'The Global Bank of Canada'.

Besides its core banking services, Scotiabank has ventured into side businesses that complement its main operations. These include online banking, mobile banking apps, and innovative financial technology services that cater to the evolving needs of its customers. Its focus on digital transformation aims to streamline operations, enhance customer experience, and secure its competitive edge in the fin-tech space.

Current Market Status

As of the latest fiscal reports, The Bank of Nova Scotia continues to hold a strong position in the financial sector. It has demonstrated resilience in the face of economic fluctuations and has maintained steady growth in various markets. Scotiabank's commitment to digital transformation and expansion into high-growth markets underlines its strategic direction. However, like all financial institutions, it faces challenges such as regulatory changes, market volatility, and emerging fintech competition.

Scotiabank’s dedication to sustainability and community involvement are key components of its corporate identity. It actively invests in social causes and environmental stewardship as part of its broader commitment to responsible business practices. This approach not only benefits its public image but also aligns with the increasing consumer demand for ethically conscious companies.

This broad overview of The Bank of Nova Scotia highlights its historical roots, its core and side business operations, and its current status in the global market. With a clear strategic focus and commitment to innovation and social responsibility, Scotiabank is poised for continued growth and success in the future.