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The Bank of Nova Scotia (BNS)

Financial Services | Banks - Diversified | Toronto, Canada | NYSE
92.39 USD -0.54 (-0.581%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 92.09 -0.30 (-0.300%) ⇩ (Aug. 28, 2026, 7:44 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 5:45 a.m. EDT

The Bank of Nova Scotia presents a compelling case for income-focused investors who can tolerate moderate volatility, though the immediate path forward looks choppy. Fundamentally, the bank is showing signs of life with a 35% jump in earnings growth and a 21% surge in revenue over the last fiscal year, finally breaking a long streak of stagnation. The valuation is attractive relative to its growth, trading at a forward P/E of roughly 13x, which implies the market expects continued expansion. However, the price action tells a different story for the impatient trader; the stock has been grinding lower recently, testing support levels, and the statistical forecast models are currently leaning slightly negative for the next month. The dividend is a standout feature here. With a yield near 3.75% and a payout ratio comfortably sitting around 60%, the company is returning capital without jeopardizing its balance sheet. This makes it a solid 'bond proxy' for those seeking yield, but it isn't a high-flying compounder yet. The options market reflects this tension: traders are buying protection far away from the current price, fearing a sudden drop, but they are also placing heavy bets on the stock holding up or breaking through the 90 resistance. Until the earnings momentum translates into a sustained price breakout above that 90 ceiling, the trend remains technically weak, keeping the short-term outlook cautious despite the improving fundamentals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.011996
AutoETS0.012865
AutoARIMA0.012933
AutoTheta0.013612

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 53%
H-stat 3.01
Ljung-Box p 0.000
Jarque-Bera p 0.410
Excess Kurtosis -0.17
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-10-05
Last Dividend Date 2026-07-06
Revenue per Share 28.575
Market Cap 112,632,045,568
Trailing P/E 16.71
Forward P/E 13.53
Beta 1.21
Profit Margins 28.43%
Website https://www.scotiabank.com

As of Aug. 22, 2026, 5:45 a.m. EDT: Speculators are positioning for a range-bound market with a distinct bias toward upside moves. Call open interest is heavily concentrated at the 90 strike, acting as a significant barrier, while put volume is disproportionately skewed toward deep out-of-the-money strikes (below 80), suggesting hedging against a crash rather than a bearish bet on the immediate future. The implied volatility skew shows elevated premiums for deep puts, indicating fear of a sharp drop, yet the bulk of the positioning remains bullish or neutral.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.93% 0.93% 4.51% 4.92%
Dividend History
Date Dividend Yield %
2026-07-07 0.803 0.931555
2025-07-02 0.806 1.461999
2025-04-01 0.737 1.572434
2025-01-07 0.740 1.422803
2024-10-02 0.786 1.477444
2024-07-03 0.775 1.706297
2024-04-01 0.783 1.554805
2024-01-02 0.800 1.684565
2023-09-29 0.786 1.724062
2023-07-05 0.800 1.639680
2023-04-03 0.762 1.517626
2023-01-03 0.759 1.592196
2022-10-03 0.745 1.549501
2022-07-05 0.800 1.394700
2022-04-04 0.799 1.126939
2021-12-31 0.785 1.094992
2021-10-04 0.712 1.156971
2021-07-06 0.730 1.146897
2021-04-05 0.716 1.144501
2021-01-04 0.707 1.334970
2020-10-05 0.676 1.608758
2020-07-06 0.664 1.598075
2020-04-06 0.634 1.618173
2020-01-06 0.692 1.238811
2019-09-30 0.679 1.194371
2019-06-28 0.664 1.221711
2019-04-01 0.652 1.221660
2018-12-31 0.623 1.249248
2018-10-01 0.659 1.108122
2018-06-29 0.619 1.081790
2018-04-02 0.636 1.055427
2017-12-29 0.628 0.973191
2017-10-02 0.633 0.990920
2017-06-29 0.583 0.966993
2017-03-31 0.570 0.973194
2016-12-29 0.546 0.977969
2016-09-30 0.563 1.062465
2016-06-30 0.557 1.136503
2016-04-01 0.554 1.149616
2015-12-31 0.504 1.246291
2015-10-02 0.528 1.214351
2015-07-06 0.542 1.072418
2015-07-02 0.585 1.157957
2015-04-02 0.539 1.073064
2015-01-02 0.568 1.016464
2014-10-03 0.592 0.973204
2014-06-27 0.599 0.888856
2014-03-28 0.580 1.007994
2014-01-03 0.581 0.944715
2013-09-27 0.601 1.047403
2013-06-28 0.573 1.070028
2013-03-28 0.584 1.002231
2012-12-28 0.574 0.996528
2012-09-28 0.580 1.058008
2012-06-29 0.536 1.034949
2012-03-30 0.550 0.981442
2011-12-29 0.512 1.037698
2011-09-30 0.504 1.004985
2011-06-30 0.534 0.887485
2011-04-01 0.537 0.871329
2010-12-31 0.490 0.856643
2010-10-01 0.475 0.890180
2010-07-01 0.467 1.024572
2010-04-01 0.482 0.957109
2009-12-31 0.466 0.997005
2009-10-02 0.456 1.068667
2009-07-02 0.425 1.152699
2009-04-03 0.391 1.490091
2009-01-02 0.394 1.443752
2008-10-03 0.459 1.053961
2008-06-30 0.487 1.062855
2008-03-28 0.475 1.076365
2007-12-28 0.473 0.921309
2007-09-28 0.450 0.857143
2007-06-29 0.421 0.862175
2007-03-30 0.362 0.785079
2006-12-28 0.363 0.806308
2006-09-29 0.347 0.805665
2006-06-29 0.347 0.865121
2006-03-31 0.308 0.767314
2005-12-29 0.309 0.770381
2005-09-30 0.340 0.909091
2005-06-30 0.340 1.022556
2005-04-01 0.320 0.996574
2004-12-31 0.260 0.768095
2004-10-01 0.300 1.030574
2004-07-01 0.300 1.117318
2004-04-02 0.250 0.914077
2004-01-02 0.250 0.979816
2003-10-03 0.220 0.939168
2003-06-30 0.220 0.950735
2003-03-28 0.200 1.124859
2003-01-03 0.200 1.169933
2002-09-27 0.185 1.341552
2002-06-28 0.185 1.110777
Additional Data
dividendRate 3.29
dividendYield 3.54
exDividendDate 2026-10-06
trailingAnnualDividendRate 4.44
trailingAnnualDividendYield 0.0477779
lastDividendValue 0.803
lastDividendDate 2026-07-07
dividendDate 2026-07-29

Info Dump

Attribute Value
52 Week Change 0.49621642
Address1 40 Temperance Street
Address2 Scotia plaza
All Time High 94.96
All Time Low 13.195
Ask 93.24
Ask Size 1,100
Audit Risk 1
Average Analyst Rating 2.4 - Buy
Average Daily Volume10 Day 2,202,180
Average Daily Volume3 Month 2,589,991
Average Volume 2,589,991
Average Volume10Days 2,202,180
Beta 1.209
Bid 91.77
Bid Size 1,700
Board Risk 3
Book Value 52.712666
City Toronto
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 92.39
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 94.08
Day Low 91.845
Dividend Date 1,785,283,200
Dividend Rate 3.29
Dividend Yield 3.54
Earnings Call Timestamp End 1,787,660,100
Earnings Call Timestamp Start 1,787,660,100
Earnings Growth 0.234
Earnings Quarterly Growth 0.188
Earnings Timestamp 1,787,661,000
Earnings Timestamp End 1,787,661,000
Earnings Timestamp Start 1,787,661,000
Ebitda Margins 0.0
Enterprise To Revenue -2.386
Enterprise Value -84,001,128,448
Eps Current Year 8.54884
Eps Forward 6.8281083
Eps Trailing Twelve Months 5.53
Esg Populated 0
Ex Dividend Date 1,791,244,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 88.0446
Fifty Day Average Change 4.345398
Fifty Day Average Change Percent 0.04935451
Fifty Two Week Change Percent 49.621643
Fifty Two Week High 94.96
Fifty Two Week High Change -2.5699997
Fifty Two Week High Change Percent -0.027064024
Fifty Two Week Low 61.69
Fifty Two Week Low Change 30.7
Fifty Two Week Low Change Percent 0.49764955
Fifty Two Week Range 61.69 - 94.96
Financial Currency CAD
First Trade Date Milliseconds 1,023,456,600,000
Five Year Avg Dividend Yield 5.52
Float Shares 1,204,167,475
Forward Eps 6.8281083
Forward P E 13.530834
Full Exchange Name NYSE
Full Time Employees 81,734
Fullday Change -0.540001
Fullday Change Percent -0.581084
Fullday Price 92.09
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits 35,204,001,792
Has Pre Post Market Data 1
Held Percent Insiders 0.00021
Held Percent Institutions 0.51173997
Implied Shares Outstanding 1,219,093,484
Industry Banks - Diversified
Industry Disp Banks - Diversified
Industry Key banks-diversified
Ir Website http://www.scotiabank.com/ca/en/0,,915,00.html
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,783,382,400
Last Dividend Value 0.803
Last Fiscal Year End 1,761,868,800
Last Split Date 1,083,196,800
Last Split Factor 2:1
Long Business Summary 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.
Long Name The Bank of Nova Scotia
Market us_market
Market Cap 112,632,045,568
Market State CLOSED
Max Age 86,400
Message Board Id finmb_873647
Most Recent Quarter 1,785,456,000
Net Income To Common 9,505,000,448
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 113,166,606,516
Number Of Analyst Opinions 3
Open 93.3
Operating Cashflow -66,903,998,464
Operating Margins 0.41244
Overall Risk 2
Payout Ratio 0.5804
Peg Ratio 1.09
Phone 416 866 6161
Post Market Change -0.30000305
Post Market Change Percent -0.32471377
Post Market Price 92.09
Post Market Time 1,787,960,683
Previous Close 92.93
Price Eps Current Year 10.807315
Price Hint 2
Price To Book 1.7527096
Price To Sales Trailing12 Months 3.1994102
Profit Margins 0.28430998
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.42857
Region US
Regular Market Change -0.540001
Regular Market Change Percent -0.581084
Regular Market Day High 94.08
Regular Market Day Low 91.845
Regular Market Day Range 91.845 - 94.08
Regular Market Open 93.3
Regular Market Previous Close 92.93
Regular Market Price 92.39
Regular Market Time 1,787,947,202
Regular Market Volume 1,407,275
Return On Assets 0.00681
Return On Equity 0.11459
Revenue Growth 0.117
Revenue Per Share 28.575
Sand P52 Week Change 0.1966995
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 1
Shares Outstanding 1,219,093,484
Shares Percent Shares Out 0.006
Shares Short 9,864,440
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 11,451,356
Short Name Bank Nova Scotia Halifax Pfd 3
Short Ratio 3.27
Source Interval 15
State ON
Symbol BNS
Target High Price 101.46392
Target Low Price 74.678795
Target Mean Price 90.90929
Target Median Price 96.58514
Total Cash 543,125,995,520
Total Cash Per Share 445.613
Total Debt 344,388,009,984
Total Revenue 35,204,001,792
Tradeable 0
Trailing Annual Dividend Rate 4.44
Trailing Annual Dividend Yield 0.0477779
Trailing Eps 5.53
Trailing P E 16.707052
Trailing Peg Ratio 1.0867
Triggerable 1
Two Hundred Day Average 77.5798
Two Hundred Day Average Change 14.810196
Two Hundred Day Average Change Percent 0.19090272
Type Disp Equity
Volume 1,407,275
Website https://www.scotiabank.com
Zip M5H 0B4