The Bank of Nova Scotia (BNS) is a publicly traded company in the Financial Services — Banks - Diversified industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.
Is The Bank of Nova Scotia stock overvalued or undervalued in 2026?
The Bank of Nova Scotia (BNS) trades at 17.1× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 10,8 % (1.3×) $68 (-28 %); at its peers' median (2.1×) $110 (+16 %).
Kaplio overview: The Bank of Nova Scotia
Market cap $115B · 52 weeks $65 – $95 (1 % below the high) · P/E 17.1× · 2027 expected P/E 13.9× · Dividend 3.4 % · 11 years rising · Next earnings December 2, 2026 · expected EPS $1.59 · Closing price, Oct 28 · accounts published Aug 25.
- Valuation: P/B 1.8× (expensive).
- Business: ROTCE 10.8 % (weak).
- Balance sheet: Capital/assets 5.9 % (fragile).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 10,8 % (1.3×) $68 (-28 %); at its peers' median (2.1×) $110 (+16 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 1 of 5 pass
- ROA 0.6 %, fails.
- ROTCE 10.8 %, fails.
- Equity / Assets (Tier 1 proxy) 5.9 %, fails.
- P/B (Price / Book) 1.8×, fails.
- Sustainable dividend yield 3.4 %, passes.
Against its peers (reference peers) — The Bank of Nova Scotia: P/E 17.1×; P/B 1.8×; ROE 11.4 %; $115B. Bank of Montreal (P/E 20.2×; P/B 2.0×; ROE 10.6 %; $121B), Canadian Imperial Bank of Commerce (P/E 16.1×; P/B 2.3×; ROE 15.4 %; $107B), Banco Bilbao Vizcaya Argentaria, S.A. (P/E 11.6×; P/B 2.1×; ROE 19.3 %; $139B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 1.8× · median 1.0× · minimum 0.6× · maximum 1.8× · cheap below 0.8× · expensive above 1.2×. It has been cheaper than today 100% of the time over its last ten fiscal years.
Dividend
tight · Yield 3.4 % ($3.36 per ADS in 2025) · Years raising it ≥ 11 · 5-year growth +5 % a year · Free cash flow coverage payout 75 % · With $1,000 invested today you'd collect $34.00 a year ($2.83 a month).
Profitability
| Return on Equity | 11.41% |
| Return on Invested Capital | 0.65% |
| Return on Assets | 0.65% |
| Gross Margin | 48.36% |
| Operating Margin | 18.81% |
| Net Margin | 14.08% |
Financial Health
| Debt / Equity | 3.06 |
| Current Ratio | 0.04 |
| Piotroski F-Score | 4 |
| Altman Z-Score | -0.60 |
Price Performance
| 1 month | +2.24% |
| 3 months | +7.71% |
| Year-to-date | +28.29% |
| 1 year | +44.80% |
| 3 years | +132.63% |
| 5 years | +44.20% |
| 10 years | +75.86% |
Dividend History
Paid in the last 12 months: $3.1936 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-06 | $0.8017 |
| 2026-07-07 | $0.8030 |
| 2026-04-07 | $0.7910 |
| 2026-01-06 | $0.7979 |
| 2025-10-07 | $0.7885 |
| 2025-07-02 | $0.8075 |
| 2025-04-01 | $0.7404 |
| 2025-01-07 | $0.7389 |
| 2024-10-02 | $0.7860 |
| 2024-07-03 | $0.7750 |
Amounts adjusted for stock splits.
Related companies: RY.TO · TD.TO · BMO.TO · CM.TO · NA.TO
Explore sector: Financial Services · Banks - Diversified
More sections of BNS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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