How to buy Bank of Nova Scotia (BNS) stocks

Learn how to buy Bank of Nova Scotia stock in 6 easy steps.

Bank of Nova Scotia (BNS) is a leading banks - diversified business based in Canada. It opened the day at C$77.10 after a previous close of C$77.16. During the day the price has varied from a low of C$76.82 to a high of C$77.39.

The latest price was C$76.90 (25 minute delay). Bank of Nova Scotia is listed on the Toronto Stock Exchange (TSX) and employs 89,239 staff. All prices are listed in Canadian Dollars.

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How to buy Bank of Nova Scotia stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – BNS. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Bank of Nova Scotia stock price (Toronto Stock Exchange (TSX): BNS)

Use our graph to track the performance of BNS stocks over time.

Bank of Nova Scotia stocks at a glance

Information last updated 2024-12-20.
OpenC$0.00
HighC$0.00
LowC$0.00
CloseC$0.00
Previous closeC$0.00
Change C$0.00
Change % N/A
Volume 0
Information last updated 2024-12-18.
52-week rangeC$58.02 - C$80.14
50-day moving average C$75.74
200-day moving average C$68.44
Wall St. target priceC$80.58
PE ratio 13.1448
Dividend yield C$0 (5.31%)
Earnings per share (TTM) C$5.87

Is it a good time to buy Bank of Nova Scotia stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Bank of Nova Scotia price performance over time

Historical closes compared with the close of C$76.9 from 2024-12-18

1 week (2024-12-12) -2.14%
1 month (2024-11-20) -2.30%
3 months (2024-09-19) 6.79%
6 months (2024-06-19) 21.95%
1 year (2023-12-19) 22.08%
2 years (2022-12-19) 39.02%
3 years (2021-12-17) 10.25%
5 years (2019-12-19) 47.66%

Is Bank of Nova Scotia stock undervalued or overvalued?

Valuing Bank of Nova Scotia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of Nova Scotia's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bank of Nova Scotia's P/E ratio

Bank of Nova Scotia's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Bank of Nova Scotia shares trade at around 13x recent earnings.

Bank of Nova Scotia's PEG ratio

Bank of Nova Scotia's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3511. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Nova Scotia's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Bank of Nova Scotia financials

Revenue TTM C$29.6 billion
Operating margin TTM 32.32%
Gross profit TTM C$29.8 billion
Return on assets TTM 0.55%
Return on equity TTM 9.49%
Profit margin 25.38%
Book value C$65.87
Market Capitalization C$96 billion

TTM: trailing 12 months

Bank of Nova Scotia stock dividends

61%

Dividend payout ratio: 60.8% of net profits

Recently Bank of Nova Scotia has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Nova Scotia shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Bank of Nova Scotia's case, that would currently equate to about C$0 per share.

Bank of Nova Scotia's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Bank of Nova Scotia's most recent dividend payout was on 28 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 1 October 2024 (the "ex-dividend date").

Have Bank of Nova Scotia's stocks ever split?

Bank of Nova Scotia's stocks were split on a 2:1 basis on 1 April 2004 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Bank of Nova Scotia stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Bank of Nova Scotia stocks, which in turn could have impacted Bank of Nova Scotia's stock price.

Bank of Nova Scotia stock price volatility

Over the last 12 months, Bank of Nova Scotia's stocks have ranged in value from as little as C$58.0241 up to C$80.14. A popular way to gauge a stock's volatility is its "beta."

BNS.TO volatility(beta: 0.98)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Bank of Nova Scotia's is 0.978. This would suggest that Bank of Nova Scotia's stocks are less volatile than average (for this exchange).

Bank of Nova Scotia overview

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 Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada..

Frequently asked questions

What percentage of Bank of Nova Scotia is owned by insiders or institutions?
Currently 0.033% of Bank of Nova Scotia stocks are held by insiders and 51.414% by institutions.
How many people work for Bank of Nova Scotia?
Latest data suggests 89,239 work at Bank of Nova Scotia.
When does the fiscal year end for Bank of Nova Scotia?
Bank of Nova Scotia's fiscal year ends in October.
Where is Bank of Nova Scotia based?
Bank of Nova Scotia's address is: 40 Temperance Street, Toronto, ON, Canada, M5H 0B4
What is Bank of Nova Scotia's ISIN number?
Bank of Nova Scotia's international securities identification number is: CA0641491075
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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