Scotiabank
About: Bank of Nova Scotia is a global financial services provider with over CAD 1.4 trillion in assets. The bank has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in the Latin America region.
Employees: 88,722
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
97% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 33
6% more funds holding
Funds holding: 403 [Q3] → 429 (+26) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 136
4% less capital invested
Capital invested by funds: $30.5B [Q3] → $29.3B (-$1.19B) [Q4]
1.41% less ownership
Funds ownership: 45.65% [Q3] → 44.24% (-1.41%) [Q4]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q3] → 24 (-1) [Q4]
33% less call options, than puts
Call options by funds: $651M | Put options by funds: $973M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$81
71%
upside
Avg. target
$81
71%
upside
High target
$81
71%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital Darko Mihelic 0% 1-year accuracy 0 / 6 met price target | 71%upside $81 | Sector Perform Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 7 articles about BNS published over the past 30 days
Positive
Seeking Alpha
2 days ago
Back Up The Truck With These 3 High-Yielding SWANs
Investing in quality dividend-growth stocks like Realty Income, Scotiabank, and British American Tobacco provides reliable income and reduces the stress of market volatility. These stocks offer an average dividend yield of 6.4% with strong credit ratings, and are undervalued by 12% to 18% based on fair value estimates. Each company has a robust financial foundation with well-covered dividends and growth potential, aiming for mid-teens annual total returns through 2027.
Positive
Seeking Alpha
3 days ago
My Dividend Stock Portfolio: New All-Time Dividend Record In March - 100 Holdings With 15 Buys
March investments totaled around $1,200, mainly in BDCs like Blue Owl Capital and Ares Capital, boosting annual dividend income by $100. Dividend income hit a new all-time record of $1,404, up 17% Y/Y driven by substantial purchases over the last twelve months. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.
Positive
Seeking Alpha
1 week ago
Canadian Banks Ranking 2025 - Which Bank To Hold?
Let's rank the Big 6 Canadian banks from worst to best. Whether you already hold one of these financial giants or are considering adding a bank to your portfolio, this will help you understand key strengths, weaknesses, and long-term investment potential. Royal Bank of Canada is the best all-around performer right now.
Positive
The Motley Fool
1 week ago
Want $1,000 in Annual Dividends? Invest $17,000 in These 3 Stocks
Dividend stocks can provide you with some valuable income on a recurring basis. And the more you invest, the more you can collect in dividends.
Positive
Seeking Alpha
2 weeks ago
Holding Steady: Why I'm Not Buying Bank of Nova Scotia Yet
Bank of Nova Scotia stock is currently rated as a 'hold' due to macro risks, volatile share price, and underwhelming reported earnings. Despite short-term challenges, BNS shows resilience, with 7% YoY growth in adjusted net income and a solid dividend yield of around 6%. BNS's valuation is neutral with a P/B ratio of 1.0, but its P/E ratio suggests a slight overvaluation compared to peers.
Positive
Seeking Alpha
3 weeks ago
70 Graham All-Star Value (GASV) March Dividends Show 19 "Safer" Bearing 13 Ideal Dividend Dogs
The Large Cap Value and Ben Graham Formula strategies identify undervalued, stable stocks with strong fundamentals and low valuations, ideal for long-term investment. Analysts project significant gains (28.24% to 85.64%) from top-ten GASV Dogs by March 2026, based on dividend yields and target prices. Thirteen of nineteen "safer" GASV Dogs are recommended buys, offering reliable dividends and fair pricing relative to their intrinsic value.
Neutral
Seeking Alpha
3 weeks ago
The Bank of Nova Scotia (BNS) National Bank 23rd Annual Financial Services Conference
The Bank of Nova Scotia (NYSE:BNS ) National Bank 23rd Annual Financial Services Conference March 25, 2025 11:00 AM ET Company Participants Unknown Speaker - Aris Bogdaneris - Group Head, Canadian Banking Conference Call Participants Unknown Speaker I'd like to present, Aris Bogdaneris, Group Head Canadian Banking of the Bank of Nova Scotia or Scotiabank, whichever you prefer. Thanks for joining us again.
Positive
Seeking Alpha
1 month ago
My Dividend Stock Portfolio: New February Dividend Record - 100 Holdings With 11 Buys
February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driven by organic dividend growth. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.
Positive
Seeking Alpha
1 month ago
Make Money While You Sleep: 2 Dividends For A Retirement Dream
Measure retirement preparedness with cash flow strength, not cash asset value. Market volatility is inevitable, but investing in dividends can produce a steady cash infusion to support your retirement while reinvesting into attractive opportunities. Discover our top picks with yields of up to 8%.
Positive
The Motley Fool
1 month ago
Should You Forget AGNC Investment and Buy These 2 High Yield Stocks Instead?
If there is one thing that an income investor will have a hard time resisting, it is a huge dividend yield. That's why AGNC Investment (AGNC 0.34%) will pop up on many income investors' radars since it is offering an absolutely mouthwatering 14% yield.
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