The Bank of Nova Scotia (BNSPF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
The Bank of Nova Scotia (BNSPF) trades at $18.71 with AI Score 50/100 (Grade B). The Bank of Nova Scotia (BNSPF) is a diversified financial services provider operating in Canada, the United States, and internationally. Market cap: $22.56B, Sector: Financial services.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for BNSPF: BNSPF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BNSPF against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
BNSPF: the 1 perspectives are evenly split.
How is this calculated? →The Bank of Nova Scotia (BNSPF) Financial Services Profile
The Bank of Nova Scotia, established in 1832, is a diversified financial institution providing banking, wealth management, and investment services across Canada, the U.S., and internationally. With a substantial network of branches and ATMs, BNSPF serves individuals, businesses, and corporate clients, maintaining a significant presence in key markets.
What Is the Investment Thesis for BNSPF?
The Bank of Nova Scotia presents a stable investment opportunity within the financial services sector. With a P/E ratio of 14.7 and a dividend yield of 4.53%, BNSPF offers a blend of value and income. The company's diversified operations across Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments mitigate risk and provide multiple avenues for growth. A key driver is the expansion in high-growth international markets, particularly in Latin America. However, investors should monitor potential risks such as economic fluctuations in these regions and regulatory changes impacting the financial industry. The company's beta of 0.96 indicates lower volatility compared to the overall market.
Based on FMP financials and quantitative analysis
BNSPF Key Highlights
- Market capitalization of $22.56B, reflecting its significant size and stability in the financial sector.
- Profit margin of 14.4%, indicating efficient operations and profitability.
- Gross margin of 52.9%, showcasing the bank's ability to generate revenue from its core services.
- Dividend yield of 4.53%, providing a steady income stream for investors.
- Beta of 0.96, suggesting lower volatility compared to the broader market, making it a relatively stable investment.
Who Are BNSPF's Competitors?
BNSPF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| FAXXF Fairfax Financial Holdings Limited | $17.99 | +0.00% | $21.65B | — |
| FRFGF Fairfax Financial Holdings Limited | $15.50 | +0.00% | $20.04B | — |
| FUIZF Fubon Financial Holding Co., Ltd. | $15.93 | +0.00% | $22.31B | 50 |
| HTNGF Haitong Securities Co., Ltd. | $0.52 | +0.00% | $18.56B | — |
| HUATF Huatai Securities Co., Ltd. | $2.10 | +0.00% | $18.96B | — |
| ACGBF Agricultural Bank of China Limited | $0.64 | +4.20% | $225.47B | 68 |
| BCLYF Barclays PLC | $7.20 | +3.45% | $97.17B | 67 |
| BNS The Bank of Nova Scotia (BNS) | $86.79 | +1.63% | $106.41B | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BNSPF's Key Strengths?
- Diversified revenue streams across multiple business segments.
- Strong presence in international markets, particularly in Latin America.
- Established brand reputation and customer loyalty.
- Robust capital base and risk management practices.
What Are BNSPF's Weaknesses?
- Exposure to economic fluctuations in international markets.
- Vulnerability to regulatory changes in the financial services industry.
- Dependence on interest rate environment.
- Competition from fintech companies and other financial institutions.
What Could Drive BNSPF Stock Higher?
- Expansion in Latin American markets, driving revenue growth and profitability.
- Investment in digital banking technologies, enhancing customer experience and operational efficiency.
- Potential strategic acquisitions to expand market share and enter new markets.
- Development of sustainable finance products and services, attracting socially responsible investors.
What Are the Key Risks for BNSPF?
- Financial-distress signal — its Altman Z-Score of -0.00 sits in the distress zone (elevated bankruptcy risk).
- Economic downturns in key markets, impacting loan growth and asset quality.
- Increased competition from fintech companies, eroding market share.
- Regulatory changes impacting the financial services industry, increasing compliance costs.
- Cybersecurity threats and data breaches, damaging reputation and customer trust.
- Fluctuations in interest rates, affecting net interest margin and profitability.
What Are the Growth Opportunities for BNSPF?
- Expansion in Latin American Markets: Scotiabank has a significant presence in Latin America, particularly in Mexico, Peru, Chile, and Colombia. These markets offer substantial growth opportunities due to increasing urbanization, rising incomes, and growing demand for financial services. By expanding its branch network, digital banking platforms, and product offerings in these regions, Scotiabank can capitalize on the region's growth potential. The Latin American banking market is projected to grow at an annual rate of 6-8% over the next five years.
- Digital Banking Innovation: Investing in digital banking technologies and platforms can enhance customer experience, improve operational efficiency, and drive revenue growth. Scotiabank can leverage artificial intelligence, machine learning, and data analytics to personalize services, streamline processes, and detect fraud. The global digital banking market is expected to reach $1.2 trillion by 2030, presenting a significant opportunity for Scotiabank to expand its digital footprint.
- Wealth Management Services: The global wealth management market is experiencing strong growth, driven by increasing affluence and aging populations. Scotiabank can expand its wealth management services by offering personalized investment advice, financial planning, and estate planning services to high-net-worth individuals and families. The global wealth management market is projected to reach $150 trillion by 2028, providing a substantial growth opportunity for Scotiabank.
- Strategic Acquisitions: Scotiabank can pursue strategic acquisitions to expand its market share, enter new markets, and acquire new technologies. By acquiring smaller banks, wealth management firms, or fintech companies, Scotiabank can accelerate its growth and enhance its competitive position. The financial services industry is undergoing consolidation, creating opportunities for strategic acquisitions. Scotiabank can target acquisitions that complement its existing business and provide synergies.
- Sustainable Finance Initiatives: There is a growing demand for sustainable finance products and services, driven by increasing environmental awareness and social responsibility. Scotiabank can develop and offer green bonds, sustainable loans, and impact investing products to meet this demand. By integrating environmental, social, and governance (ESG) factors into its lending and investment decisions, Scotiabank can attract socially responsible investors and enhance its reputation. The global sustainable finance market is projected to reach $50 trillion by 2030.
What Opportunities Does BNSPF Have?
- Expansion in high-growth international markets.
- Investment in digital banking technologies and platforms.
- Growth in wealth management services.
- Strategic acquisitions to expand market share.
What Threats Does BNSPF Face?
- Economic downturns in key markets.
- Increased competition from fintech companies.
- Regulatory changes impacting the financial services industry.
- Cybersecurity threats and data breaches.
What Are BNSPF's Competitive Advantages?
- Established brand reputation and customer loyalty.
- Extensive branch network and ATM infrastructure.
- Diversified business segments and geographic locations.
- Strong capital base and risk management practices.
What Does BNSPF Do?
The Bank of Nova Scotia, also known as Scotiabank, was founded in 1832 in Halifax, Nova Scotia. Over its nearly two-century history, the bank has grown from a regional institution to a global financial services provider. Headquartered in Toronto, Canada, Scotiabank operates through four main segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The Canadian Banking segment offers a comprehensive suite of financial products and services to individuals and businesses across Canada, including deposit accounts, loans, mortgages, and credit cards. The International Banking segment provides banking services to retail, corporate, and commercial customers in key markets such as Mexico, Peru, Chile, Colombia, and the Caribbean. Global Wealth Management delivers wealth management advice and solutions to individuals and institutions, including brokerage, trust, and private banking services. Global Banking and Markets offers lending, transaction, investment banking advisory, and capital markets access services to corporate clients worldwide. Scotiabank operates a vast network of branches and automated banking machines, providing convenient access to its services. As of 2026, the bank has 941 branches and approximately 3,725 automated banking machines in Canada, and approximately 1,200 branches internationally. With 89,483 employees, Scotiabank is a major employer and a significant contributor to the global economy.
What Products and Services Does BNSPF Offer?
- Provides personal banking services including checking and savings accounts, credit cards, and loans.
- Offers business banking solutions such as lending, deposit accounts, and cash management.
- Delivers wealth management services including financial planning, investment advice, and brokerage.
- Provides global banking and markets services including investment banking and capital markets access.
- Offers international banking services to retail, corporate, and commercial customers.
- Operates a network of branches and automated banking machines in Canada and internationally.
- Provides online, mobile, and telephone banking services.
How Does BNSPF Make Money?
- Generates revenue through interest income from loans and mortgages.
- Earns fees from banking services, wealth management, and investment banking activities.
- Profits from trading activities in global markets.
- Manages risk through diversification of its business segments and geographic locations.
What Industry Does BNSPF Operate In?
The Bank of Nova Scotia operates in the highly competitive and regulated financial services industry. The industry is characterized by increasing digitization, evolving customer expectations, and stringent regulatory requirements. Key trends include the rise of fintech companies, the growing importance of data analytics, and the increasing demand for personalized financial services. Scotiabank competes with other major Canadian banks, as well as international financial institutions. The Canadian banking sector is dominated by a few large players, creating a concentrated market. Scotiabank's international presence, particularly in Latin America, provides a competitive advantage in high-growth markets.
Who Are BNSPF's Key Customers?
- Individual consumers seeking personal banking services.
- Small and medium-sized businesses requiring business banking solutions.
- Large corporations needing global banking and markets services.
- High-net-worth individuals and families seeking wealth management services.
- Retail, corporate, and commercial customers internationally.
F-Score 6/9Financial Health
The Bank of Nova Scotia's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.00 places it in the distress zone, a signal of elevated financial risk.
BNSPF Valuation & Market Position
With a $22.56B market cap, The Bank of Nova Scotia sits in the large-cap segment of the market.
ROE 11%Key Financial Metrics
Return on equity for The Bank of Nova Scotia stands at 11.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. BNSPF trades at a trailing price-to-earnings ratio of 14.67, below the Financial Services sector average of ~18x. Its free cash flow yield is 9.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.04 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 6.3%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
The Bank of Nova Scotia operates in the Banks - Diversified industry within the Financial Services sector. It is headquartered in Toronto, CA. The company is led by CEO L. Scott Thomson. BNSPF has traded publicly since 2020.
BNSPF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Diversified revenue streams across multiple business segments.
- Strong presence in international markets, particularly in Latin America.
- Established brand reputation and customer loyalty.
- Robust capital base and risk management practices.
Bear Case
- Exposure to economic fluctuations in international markets.
- Vulnerability to regulatory changes in the financial services industry.
- Dependence on interest rate environment.
- Competition from fintech companies and other financial institutions.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2024 | $18.82B | $2.17B | $1.68 |
Based on FMP financials and quantitative analysis
BNSPF Latest News
No recent news available for BNSPF.
BNSPF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BNSPF.
Price Targets
Wall Street price target analysis for BNSPF.
BNSPF MoonshotScore
What does this score mean?
The MoonshotScore rates BNSPF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: L. Scott Thomson
CEO
L. Scott Thomson is the CEO of The Bank of Nova Scotia. He brings extensive experience in financial services and a proven track record of strategic leadership. Prior to joining Scotiabank, Thomson held various senior leadership positions at major financial institutions, where he focused on driving growth, improving operational efficiency, and enhancing customer experience. He holds a strong academic background in finance and business administration, providing him with a solid foundation for leading a global financial institution.
Track Record: Since becoming CEO, L. Scott Thomson has focused on driving digital transformation, expanding the bank's presence in key international markets, and enhancing its wealth management capabilities. He has overseen the implementation of new technologies, the launch of innovative products and services, and the expansion of the bank's branch network. Under his leadership, Scotiabank has achieved significant milestones in terms of revenue growth, profitability, and customer satisfaction.
BNSPF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that The Bank of Nova Scotia (BNSPF) may have limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not meet the minimum financial standards or disclosure requirements necessary for listing on higher-tier exchanges. This can result in less transparency and potentially higher risks for investors due to the limited information available.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited regulatory oversight and reporting requirements.
- Lower trading volumes and wider bid-ask spreads.
- Potential for price volatility due to limited liquidity.
- Increased risk of fraud or manipulation.
- Limited access to company information and financial disclosures.
- Verify the company's registration and regulatory filings.
- Review the company's financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the company's management team and track record.
- Monitor trading volumes and price movements.
- Consult with a qualified financial advisor.
- Understand the risks associated with investing in OTC stocks.
- Established history as The Bank of Nova Scotia.
- Presence in the financial services sector.
- Operation of a network of branches and automated banking machines.
- Availability of some financial information, even if limited.
- CEO is known.
The Bank of Nova Scotia Financial Services Stock: Key Questions Answered
What does The Bank of Nova Scotia do?
The Bank of Nova Scotia (BNSPF) is a diversified financial services provider offering a wide range of banking, wealth management, and investment services to individuals, businesses, and corporate clients. The company operates through four main segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. BNSPF provides services such as deposit accounts, loans, mortgages, credit cards, financial planning, investment advice, and capital markets access. With a strong presence in Canada and key international markets, Scotiabank serves a diverse customer base through its extensive network of branches, ATMs, and digital banking platforms.
What do analysts say about BNSPF stock?
Analyst consensus on BNSPF stock is currently mixed, reflecting the complex dynamics of the financial services industry and the company's diverse operations. Key valuation metrics, such as the P/E ratio of 14.7 and the dividend yield of 4.53%, suggest a blend of value and income potential. Growth considerations include the company's expansion in Latin American markets and its investment in digital banking technologies. However, analysts also highlight potential risks such as economic fluctuations, regulatory changes, and competition from fintech companies. Investors should conduct their own research and consider their individual investment objectives before making any decisions.
What are the main risks for BNSPF?
The Bank of Nova Scotia faces several key risks, including economic downturns in key markets, which could impact loan growth and asset quality. Increased competition from fintech companies poses a threat to market share and profitability. Regulatory changes in the financial services industry could increase compliance costs and limit business activities. Cybersecurity threats and data breaches could damage the company's reputation and erode customer trust. Fluctuations in interest rates could affect the bank's net interest margin and overall profitability. Investors should carefully consider these risks before investing in BNSPF.
What are the key factors to evaluate for BNSPF?
The Bank of Nova Scotia (BNSPF) holds an AI score of 50/100 (moderate). P/E: 14.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does BNSPF data refresh on this page?
BNSPF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BNSPF's recent stock price performance?
The Bank of Nova Scotia (BNSPF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified revenue streams across multiple business segments. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BNSPF overvalued or undervalued right now?
The Bank of Nova Scotia (BNSPF) trades at 14.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BNSPF?
Before investing in The Bank of Nova Scotia (BNSPF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be limited or delayed.
- AI analysis pending for additional insights.