Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Bank of Nova Scotia (BNS) is a leading banks-diversified business based in Canada. It opened the day at C$66 after a previous close of C$65.57. During the day the price has varied from a low of C$65.76 to a high of C$66.8. The latest price was C$66.71 (25 minute delay). Bank of Nova Scotia is listed on the TO and employs 90,979 staff. All prices are listed in Canadian Dollars.
National Bank Direct Brokerage
Finder Award
Interactive Brokers
| Open | C$66.00 |
|---|---|
| High | C$66.80 |
| Low | C$65.76 |
| Close | C$66.71 |
| Previous close | C$65.57 |
| Change | C$1.14 |
| Change % | 1.7386% |
| Volume | 3,787,879 |
| 52-week range | C$61.27 - C$81.16 |
|---|---|
| 50-day moving average | C$67.05 |
| 200-day moving average | C$69.03 |
| Wall St. target price | C$70.34 |
| PE ratio | 9.2265 |
| Dividend yield | C$0 (6.35%) |
| Earnings per share (TTM) | C$7.24 |
Note: The dollar amounts in the table below are in Canadian dollars.
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.
Historical closes compared with the close of C$66.71 from 2023-06-02
| 1 week (2023-05-26) | -0.13% |
|---|---|
| 1 month (2023-05-04) | 1.60% |
| 3 months (2023-03-03) | -4.65% |
| 6 months (2022-12-02) | -3.23% |
| 1 year (2022-06-03) | -21.71% |
|---|---|
| 2 years (2021-06-04) | -17.85% |
| 3 years (2020-06-04) | 12.97% |
| 5 years (2018-06-01) | 76.96 |
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.
| Revenue TTM | C$29.3 billion |
|---|---|
| Gross profit TTM | C$29.8 billion |
| Return on assets TTM | 0.7% |
| Return on equity TTM | 12.3% |
| Profit margin | 0% |
| Book value | C$61.21 |
| Market capitalisation | C$80 billion |
TTM: trailing 12 months
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.
Total ESG risk: 25.77
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bank of Nova Scotia's overall score of 25.77 (as at 01/01/2019) is pretty good – landing it in it in the 40th 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.).
Environmental score: 2.99/100
Bank of Nova Scotia's environmental score of 2.99 puts it squarely in the 5th 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.
Social score: 12.48/100
Bank of Nova Scotia's social score of 12.48 puts it squarely in the 5th 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.
Governance score: 13.8/100
Bank of Nova Scotia's governance score puts it squarely in the 5th 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.
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.
Dividend payout ratio: 41.66% of net profits
Recently Bank of Nova Scotia has paid out, on average, around 41.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.35% 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 6.35% return on their shares, in the form of dividend payments. In Bank of Nova Scotia's case, that would currently equate to about C$0 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 April 2023. The latest dividend was paid out to all shareholders who bought their shares by 4 July 2023 (the "ex-dividend date").
Bank of Nova Scotia's shares were split on a 2:1 basis on 2 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.
Over the last 12 months, Bank of Nova Scotia's shares have ranged in value from as little as C$61.2676 up to C$81.1576. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Bank of Nova Scotia's is 0.9361. This would suggest that Bank of Nova Scotia's shares are less volatile than average (for this exchange).
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 Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Your guide to how ETFs work and whether this type of investment is right for you.
Read more…
The best stock trading app for beginners is easy to use and offers free trades.
Read more…
Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.
Read more…From personal and payday loans to lines of credit, compare loans for bad credit in Edmonton.
This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).
This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).
This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on (ARB).
This guide provides step-by-step instructions on how to buy SSV Network, lists some exchanges where you can get it and provides daily price data on (SSV).
This guide provides step-by-step instructions on how to buy USDD, lists some exchanges where you can get it and provides daily price data on (USDD).
This guide provides step-by-step instructions on how to buy Blur, lists some exchanges where you can get it and provides daily price data on (BLUR).
This guide provides step-by-step instructions on how to buy FLOKI Inu, lists some exchanges where you can get it and provides daily price data on (FLOKI).
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on (APT).
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on (ETHW).
