Bank of Nova Scotia stock
BNSNYSEThe Bank of Nova Scotia, Financial ServicesISIN CA0641491075
68Score 68 out of 100, Neutral
Price and trend
78 / 100
Price history
+37% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 11% above it.
Since June 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 49).
The price is 3.9% below its 52-week high. Largest decline in 20 years: 66% (November 2007 to February 2009).
Chart figures for advanced users
- SMA 50$92.46
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$83.22
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)49
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$66.37
- The lowest closing price of the last twelve months.
- Resistance$96.43
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- The Bank of Nova Scotia belongs to the Banks (Diversified) industry (Canada) and, with a market value of $112.94B, is number 18 of 33 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $26.04B (up 25.8% year on year) and earnings of $5.47B (up 0.4%).
- MEQIRI Score 68 out of 100 (Neutral): rank 480 of 975 in Financial Services, median 68.
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- The P/E is 17.2 (Banks (Diversified) median 11.9, own median of recent years 10.9).
- Our model puts fair value at $82.89, with the price 12% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 82
- Growing faster than its industryRevenue up 14.4% a year since 2020, Banks (Diversified) median 7.4%.Growth 69
- Reliable dividendNo dividend cut for 10 years.Capital allocation 59
Weaknesses
- Margin fallingOperating margin 28.3%, average of the prior years 44.7% (to 2024).Profitability 55
- Richly valuedP/E 17.2, Banks (Diversified) median 11.9, own median 10.9.Valuation 55
Its standout strengths are fundamentals and momentum.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- calm price action
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $69.07 and expensive above $103.61 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $101.38 (excess return model) and $64.40 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.2%. At 9.2% the fair value would be $74.44, at 7.2% it would be $95.56.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (11.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 31 Jul 2026, revenue rose 9.4% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 28%, net 21%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
Fiscal 2025For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 2 Dec 2026in 19 days
- Last reported
- 25 Aug 2026EPS reported 1.64 (expected 1.53)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 9.5+1.1%
- Revenue
- $29.84B+1.1%
- Earnings per share
- 10.48+1.1%
- Revenue
- $31.67B+1.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +7.7%The bank expects to keep improving return on equity and enter fiscal 2027 with momentum, with the CET1 ratio staying around 13% and no new numerical guidance.
“We expect to absorb this impact and maintain our CET1 ratio of around 13% next quarter.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 25 Aug 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Bank of Nova Scotia
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 68
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Diversified)
The next larger and next smaller companies by market value
- Sumitomo Mitsui Financial GroupSMFG $156B68
- UBS GroupUBSG.SW $148.14B68
- Banco Bilbao Vizcaya ArgentariaBBVA.MC $142.13B84
- Bank of MontrealBMO $120.2B66
- Bank of Communications601328.SS $111.97B63
- Canadian Imperial Bank of CommerceCM $105.36B73
- ING GroepINGA.AS $94.32B77
- BarclaysBCS $76.55B63
ETFs that hold Bank of Nova Scotia
Held by 78 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MSCI Canada Screened UCITS ETF 1CD5BH | 3.76% | 0.35% | €1.2B |
| UBS MSCI Canada UCITS ETF CAD disUIM9 | 3.73% | 0.33% | €2.07B |
| iShares MSCI Canada UCITS ETFSXR2 | 3.66% | 0.48% | €2.17B |
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| VanEck Morningstar Developed Markets Dividend Leaders UCITS ETFVDIV | 1.45% | 0.38% | €10.62B |
| iShares MSCI World Momentum Factor Advanced UCITS ETFCBUH | 1.33% | 0.25% | €267.4M |
| UBS S&P Dividend Aristocrats ESG Elite UCITS ETF USD disUBUM | 1.21% | 0.30% | €238.7M |
| iShares STOXX Global Select Dividend 100 UCITS ETF (DE)ISPA | 1.04% | 0.46% | €5.31B |
| iShares Inclusion and Diversity UCITS ETFOPEN | 1.02% | 0.25% | €77.41M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Oct 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.