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The Bank of Nova Scotia (BNS)

Financial Services | Banks - Diversified | Toronto, Canada | NYSE
88.00 USD +0.41 (0.468%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★★☆
Hot Take | July 11, 2026, 6:58 a.m. EDT

The Bank of Nova Scotia presents a compelling case for income investors seeking stability, yet the short-term technical picture remains murky. Fundamentally, the bank is showing signs of recovery with a 16.4% gain last year and accelerating earnings growth of 35%, supported by a healthy 60% payout ratio and a robust 3.73% dividend yield. This yield is sustainable and attractive in the current environment, earning a strong rating for income seekers. However, the price action tells a different story for the immediate future. Despite the positive fundamentals, the stock is trading near its 52-week highs, and the statistical forecast model leans slightly negative for the next 45 days. More concerning is the options flow: traders are aggressively buying deep out-of-the-money puts, a classic setup for betting on a significant drop or a 'black swan' event. This defensive positioning contrasts sharply with the modest call activity, creating a tension where the market fears a sudden reversal despite the company's improving operational metrics. Until this defensive options pressure subsides, the short-term outlook remains neutral, lacking a clear bullish catalyst to push the rating higher.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_105 ✓0.111619
MSTL_63_1050.122421
AutoARIMA0.122547
AutoETS0.122550
AutoTheta0.122827
MSTL0.125392
MSTL_630.134514

Forecast horizon: 60 days | Selected: MSTL_105

Forecast Reliability
Score 51%
H-stat 5.72
Ljung-Box p 0.000
Jarque-Bera p 0.961
Excess Kurtosis -0.17
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-06
Last Dividend Date 2026-07-06
Revenue per Share 27.638
Market Cap 107,894,693,888
Trailing P/E 17.15
Forward P/E 13.46
Beta 1.21
Profit Margins 27.91%
Website https://www.scotiabank.com

As of July 11, 2026, 6:58 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest at strikes significantly below current prices (e.g., 65, 67.5, 72.5), suggesting a fear of a deep correction or a 'crash' scenario. Conversely, call activity is concentrated near the money and slightly out-of-the-money, indicating a belief that the stock will consolidate or drift upward rather than crash. The imbalance in volume versus open interest for deep puts suggests fresh selling pressure or hedging against downside risk, while the lack of deep ITM put volume implies limited protection for a total collapse.


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 3.21
dividendYield 3.67
exDividendDate 2026-07-07
trailingAnnualDividendRate 4.4
trailingAnnualDividendYield 0.05023405
lastDividendValue 0.803
lastDividendDate 2026-07-07
dividendDate 2026-07-29

Info Dump

Attribute Value
52 Week Change 0.61467886
Address1 40 Temperance Street
Address2 Scotia plaza
All Time High 88.17
All Time Low 13.195
Ask 0.0
Ask Size 600
Audit Risk 1
Average Analyst Rating 2.7 - Hold
Average Daily Volume10 Day 3,302,880
Average Daily Volume3 Month 2,566,332
Average Volume 2,566,332
Average Volume10Days 3,302,880
Beta 1.21
Bid 64.8
Bid Size 200
Board Risk 3
Book Value 50.002163
City Toronto
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 88.0
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 88.17
Day Low 87.385
Dividend Date 1,785,283,200
Dividend Rate 3.21
Dividend Yield 3.67
Earnings Call Timestamp End 1,779,880,500
Earnings Call Timestamp Start 1,779,880,500
Earnings Growth 0.354
Earnings Quarterly Growth 0.313
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 -2.102
Enterprise Value -71,928,315,904
Eps Current Year 8.2963
Eps Forward 6.53765
Eps Trailing Twelve Months 5.13
Esg Populated 0
Ex Dividend Date 1,783,382,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 81.9012
Fifty Day Average Change 6.0988007
Fifty Day Average Change Percent 0.07446534
Fifty Two Week Change Percent 61.467888
Fifty Two Week High 88.17
Fifty Two Week High Change -0.16999817
Fifty Two Week High Change Percent -0.0019280728
Fifty Two Week Low 54.33
Fifty Two Week Low Change 33.67
Fifty Two Week Low Change Percent 0.6197312
Fifty Two Week Range 54.33 - 88.17
Financial Currency CAD
First Trade Date Milliseconds 1,023,456,600,000
Five Year Avg Dividend Yield 5.52
Float Shares 1,210,983,004
Forward Eps 6.53765
Forward P E 13.460494
Full Exchange Name NYSE
Full Time Employees 80,415
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits 34,215,999,488
Has Pre Post Market Data 1
Held Percent Insiders 0.0002
Held Percent Institutions 0.50951
Implied Shares Outstanding 1,226,076,000
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 107,894,693,888
Market State PRE
Max Age 86,400
Message Board Id finmb_873647
Most Recent Quarter 1,777,507,200
Net Income To Common 9,018,000,384
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 107,494,315,503
Number Of Analyst Opinions 3
Open 87.6
Operating Cashflow -33,443,000,320
Operating Margins 0.39803
Overall Risk 2
Payout Ratio 0.6069
Peg Ratio 1.08
Phone 416 866 6161
Pre Market Change 0.0
Pre Market Change Percent 0.0
Pre Market Price 88.0
Pre Market Time 1,784,032,421
Previous Close 87.59
Price Eps Current Year 10.607139
Price Hint 2
Price To Book 1.7599238
Price To Sales Trailing12 Months 3.1533403
Profit Margins 0.27905
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.71429
Region US
Regular Market Change 0.410004
Regular Market Change Percent 0.468094
Regular Market Day High 88.17
Regular Market Day Low 87.385
Regular Market Day Range 87.385 - 88.17
Regular Market Open 87.6
Regular Market Previous Close 87.59
Regular Market Price 88.0
Regular Market Time 1,783,972,803
Regular Market Volume 1,099,135
Return On Assets 0.00658
Return On Equity 0.11038999
Revenue Growth 0.126
Revenue Per Share 27.638
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 1
Shares Outstanding 1,226,076,000
Shares Percent Shares Out 0.0066000004
Shares Short 7,345,050
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 6,727,220
Short Name Bank Nova Scotia Halifax Pfd 3
Short Ratio 2.92
Source Interval 15
State ON
Symbol BNS
Target High Price 93.83697
Target Low Price 74.2522
Target Mean Price 86.270164
Target Median Price 90.72132
Total Cash 531,156,008,960
Total Cash Per Share 433.216
Total Debt 349,912,006,656
Total Revenue 34,215,999,488
Tradeable 0
Trailing Annual Dividend Rate 4.4
Trailing Annual Dividend Yield 0.05023405
Trailing Eps 5.13
Trailing P E 17.153996
Trailing Peg Ratio 1.0791
Triggerable 1
Two Hundred Day Average 73.60345
Two Hundred Day Average Change 14.396553
Two Hundred Day Average Change Percent 0.19559617
Type Disp Equity
Volume 1,099,135
Website https://www.scotiabank.com
Zip M5H 0B4