Scotiabank
BNS
Market cap $69.2B

50.88 USD

-0.82

1.59%

At close Jan 17, 4:00 PM EST

After hours

51.81

+0.93

1.83%

1 day

-1.59%

5 days

-0.59%

1 month

-7.05%

3 months

-4.91%

6 months

7.32%

Year to date

-5.15%

1 year

10.95%

5 years

-8.27%

10 years

5.67%

About: Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. 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 Central and South America.

Employees: 88,488

Financials State Commercial Banks

0

Funds holding %

of 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

70% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 33

41% more funds holding in top 10

Funds holding in top 10: 17 [Q2] → 24 (+7) [Q3]

35% more call options, than puts

Call options by funds: $1.05B | Put options by funds: $775M

17% more capital invested

Capital invested by funds: $26.3B [Q2] → $30.9B (+$4.55B) [Q3]

4% more funds holding

Funds holding: 384 [Q2] → 401 (+17) [Q3]

0.19% less ownership

Funds ownership: 46.37% [Q2] → 46.18% (-0.19%) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 139

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$74

45%

upside

Avg. target

$74

45%

upside

High target

$74

45%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

RBC Capital

Rishi Jaluria

47% 1-year accuracy

37 / 78 met price target

45%upside

$74

Sector Perform

Maintained

4 Dec 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about BNS published over the past 30 days

The Motley Fool

Want Decades of Passive Income? 3 Stocks to Buy Right Now

There are no guarantees on Wall Street, and even reliable dividend stocks can end up cutting their payouts. For example, W.P.

Want Decades of Passive Income? 3 Stocks to Buy Right Now

My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys

In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.

My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys

Zacks Investment Research

Scotiabank to Transfer Latin American Banking Operations to Davivienda

BNS agrees to transfer its Latin American banking arms to Davivienda for a roughly 20% stake. This aligns with the bank's efforts to boost efficiency.

Scotiabank to Transfer Latin American Banking Operations to Davivienda

Proactive Investors

Scotiabank completes $2B investment in KeyCorp

Scotiabank (TSX:BNS) announced that it has finalized its acquisition of an additional ownership stake in KeyCorp (NYSE:KEY), solidifying its position as a significant shareholder in the US-based financial institution. The Toronto-based bank said that with regulatory approval from the Federal Reserve Board, Scotiabank (TSX:BNS) acquired approximately 10% pro-forma ownership through newly issued common shares at $17.17 per share, totaling $2 billion.

Scotiabank completes $2B investment in KeyCorp

KEYCORP AND SCOTIABANK COMPLETE STRATEGIC MINORITY INVESTMENT

CLEVELAND , Dec. 27, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of approximately $2.0 billion, as expected. With this investment, Scotiabank (TSX: BNS) (NYSE: BNS) now owns approximately 14.9% of KeyCorp's common stock.

KEYCORP AND SCOTIABANK COMPLETE STRATEGIC MINORITY INVESTMENT

2 Magnificent Yields Up To 7.5%

Almost everything you do feeds the financial system. I want my cut. Dividends direct capital from Wall Street to your wallet. We discuss our top picks with up to 7.7% yields for steady income in retirement.

2 Magnificent Yields Up To 7.5%

Zacks Investment Research

SHG vs. BNS: Which Stock Is the Better Value Option?

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Shinhan Financial (SHG) and Bank of Nova Scotia (BNS). But which of these two companies is the best option for those looking for undervalued stocks?

SHG vs. BNS: Which Stock Is the Better Value Option?

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, mainly due to ongoing investments into Hercules Capital.

My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys

Fed clears KeyCorp's $2 billion cash infusion from Scotiabank earlier than expected and its stock is up

Analyst hails Fed's quicker-than-expected OK of the investment in KeyCorp from Bank of Nova Scotia as a good sign for more deal-making

Fed clears KeyCorp's $2 billion cash infusion from Scotiabank earlier than expected and its stock is up

The Motley Fool

1 Magnificent High-Yield Bank Stock Stock Down 25% to Buy and Hold Forever

Bank of Nova Scotia (BNS -1.06%), often just called Scotiabank, isn't particularly well known in the U.S., where it has only a minimal presence. This is one of the key reasons the giant Canadian bank's stock is down roughly 25% from its 2022 high-water mark.

1 Magnificent High-Yield Bank Stock Stock Down 25% to Buy and Hold Forever

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