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How to buy Bank of Nova Scotia stock

Learn how to easily invest in Bank of Nova Scotia stock.

Bank of Nova Scotia is a banks-diversified business based in the US. Bank of Nova Scotia shares (BNS) are listed on the NYSE and all prices are listed in US Dollars. Bank of Nova Scotia employs 90,978 staff and has a trailing 12-month revenue of around $30.4 billion.

How to buy shares in Bank of Nova Scotia

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – BNS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Bank of Nova Scotia stock price (NYSE: BNS)

Use our graph to track the performance of BNS stocks over time.

Bank of Nova Scotia shares at a glance

Information last updated 2022-09-25.
Latest market close$48.25
52-week range$50.27 - $73.02
50-day moving average $57.96
200-day moving average $65.53
Wall St. target price$62.37
PE ratio 8.2161
Dividend yield $3.93 (6.22%)
Earnings per share (TTM) $6.20

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Bank of Nova Scotia stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Bank of Nova Scotia price performance over time

Historical closes compared with the close of $48.25 from 2022-09-29

1 week (2022-09-21) -7.60%
1 month (2022-08-26) N/A
3 months (2022-06-30) -18.51%
6 months (2022-03-28) -34.31%
1 year (2021-09-30) -21.58%
2 years (2020-09-30) 16.24%
3 years (2019-09-30) 56.85
5 years (2017-09-29) 64.25

Is Bank of Nova Scotia stock undervalued or overvalued?

Valuing Bank of Nova Scotia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of Nova Scotia's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bank of Nova Scotia's P/E ratio

Bank of Nova Scotia's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Bank of Nova Scotia shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Bank of Nova Scotia's PEG ratio

Bank of Nova Scotia's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.48. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Nova Scotia's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Bank of Nova Scotia financials

Revenue TTM $30.4 billion
Operating margin TTM 44.71%
Gross profit TTM $29.4 billion
Return on assets TTM 0.87%
Return on equity TTM 14.6%
Profit margin 33.99%
Book value $60.19
Market capitalisation $61.2 billion

TTM: trailing 12 months

Bank of Nova Scotia's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Bank of Nova Scotia.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Bank of Nova Scotia's total ESG risk score

Total ESG risk: 27.77

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bank of Nova Scotia's overall score of 27.77 (as at 12/31/2018) is nothing to write home about – landing it in it in the 42nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Bank of Nova Scotia is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Bank of Nova Scotia's environmental score

Environmental score: 4.99/100

Bank of Nova Scotia's environmental score of 4.99 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Bank of Nova Scotia is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Bank of Nova Scotia's social score

Social score: 14.48/100

Bank of Nova Scotia's social score of 14.48 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Bank of Nova Scotia is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Bank of Nova Scotia's governance score

Governance score: 15.8/100

Bank of Nova Scotia's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Bank of Nova Scotia is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Bank of Nova Scotia's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Bank of Nova Scotia scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Bank of Nova Scotia hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Bank of Nova Scotia was last rated for ESG on: 2019-01-01.

Total ESG score 27.77
Total ESG percentile 41.58
Environmental score 4.99
Environmental score percentile 7
Social score 14.48
Social score percentile 7
Governance score 15.8
Governance score percentile 7
Level of controversy 3

Bank of Nova Scotia share dividends


Dividend payout ratio: 39.79% of net profits

Recently Bank of Nova Scotia has paid out, on average, around 39.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.22% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Nova Scotia shareholders could enjoy a 6.22% return on their shares, in the form of dividend payments. In Bank of Nova Scotia's case, that would currently equate to about $3.93 per share.

While Bank of Nova Scotia's payout ratio might seem fairly standard, it's worth remembering that Bank of Nova Scotia may be investing much of the rest of its net profits in future growth.

Bank of Nova Scotia's most recent dividend payout was on 26 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 2 October 2022 (the "ex-dividend date").

Have Bank of Nova Scotia's shares ever split?

Bank of Nova Scotia's shares were split on a 2:1 basis on 28 April 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Bank of Nova Scotia shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Bank of Nova Scotia shares which in turn could have impacted Bank of Nova Scotia's share price.

Bank of Nova Scotia share price volatility

Over the last 12 months, Bank of Nova Scotia's shares have ranged in value from as little as $50.27 up to $73.0213. A popular way to gauge a stock's volatility is its "beta".

BNS.US volatility(beta: 0.9)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Bank of Nova Scotia's is 0.9017. This would suggest that Bank of Nova Scotia's shares are less volatile than average (for this exchange).

Bank of Nova Scotia overview

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 in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also 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 alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally.

Frequently asked questions

What percentage of Bank of Nova Scotia is owned by insiders or institutions?
Currently 0.023% of Bank of Nova Scotia shares are held by insiders and 53.848% by institutions.
How many people work for Bank of Nova Scotia?
Latest data suggests 90,978 work at Bank of Nova Scotia.
When does the fiscal year end for Bank of Nova Scotia?
Bank of Nova Scotia's fiscal year ends in October.
Where is Bank of Nova Scotia based?
Bank of Nova Scotia's address is: 1709 Hollis Street, Halifax, NS, Canada, B3J 1W1
What is Bank of Nova Scotia's ISIN number?
Bank of Nova Scotia's international securities identification number is: CA0641491075
What is Bank of Nova Scotia's CUSIP number?
Bank of Nova Scotia's Committee on Uniform Securities Identification Procedures number is: 064149107

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