Bank of Nova Scotia trades with the ticker BNS on the TSX and is in the Banks – Diversified industry.
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.
Looking to invest in Bank of Nova Scotia? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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BNS.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $82286.019MM
PE Ratio: 11.02
Price: 49.93 (Updated: 3/12/2024 0:47:16)
Bank of Nova Scotia (BNS) vs Competitors in Banks – Diversified
Lets see how BNS.TO stacks up against others in the Banks – Diversified asset management industry. We have identified its main peers as:Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank
.Banks – Diversified Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Bank of Montreal (BMO) | $92,066.095 | 17.457 | 0.0 | 4.8% |
| The Bank of Nova Scotia (BNS) | $82,286.019 | 11.02 | 0.0 | 6.3% |
| Canadian Imperial Bank of Commerce (CM) | $62,618.808 | 10.216 | 0.0 | 5.4% |
| Royal Bank of Canada (RY) | $189,432.988 | 12.44 | 0.0 | 4.1% |
| The Toronto-Dominion Bank (TD) | $144,213.492 | 12.856 | 0.0 | 5.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Banks – Diversified
- Bank of Nova Scotia (BNS) vs Bank of Montreal (BMO)
- BMO has higher EPS (7.27 vs 6.11). BNS has higher dividend yield (6.3% vs 4.8%). BMO has a higher P/E ratio (17.457 vs 11.02) indicating it’s more expensive.
- Bank of Nova Scotia (BNS) vs The Bank of Nova Scotia (BNS)
- BNS has higher EPS (6.11 vs 6.11). BNS has higher dividend yield (6.3% vs 6.3%). BNS has a higher P/E ratio (11.02 vs 11.02) indicating it’s more expensive.
- Bank of Nova Scotia (BNS) vs Canadian Imperial Bank of Commerce (CM)
- CM has higher EPS (6.54 vs 6.11). BNS has higher dividend yield (6.3% vs 5.4%). BNS has a higher P/E ratio (11.02 vs 10.216) indicating it’s more expensive.
- Bank of Nova Scotia (BNS) vs Royal Bank of Canada (RY)
- RY has higher EPS (10.77 vs 6.11). BNS has higher dividend yield (6.3% vs 4.1%). RY has a higher P/E ratio (12.44 vs 11.02) indicating it’s more expensive.
- Bank of Nova Scotia (BNS) vs The Toronto-Dominion Bank (TD)
- TD has higher EPS (6.33 vs 6.11). BNS has higher dividend yield (6.3% vs 5.0%). TD has a higher P/E ratio (12.856 vs 11.02) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (11.02) than the industry average (12.80), indicating potential undervaluation.
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