The Bank of Nova Scotia Analysis (March 2026) | Price Target, Growth & Valuation

The Bank of Nova Sco...

TSX:BNS

C$ 94,09

C$-0,93 (-0,98%)

94,09 C$

C$-0,93 (-0,98%)

End-of-day quote: 03/27/2026

The Bank of Nova Scotia Stock Value

Analysts currently rate TSX:BNS as Hold.

Hold

The Bank of Nova Scotia Company Info

EPS Growth 5Y

5,75%

Market Cap

C$115,96 B

Long-Term Debt

C$43,51 B

Short Interest

4,35%

Quarterly earnings

05/23/2026 (E)

Dividend

C$4,36

Dividend Yield

4,63%

Founded

1832

Industry

Financials

Country

Canada

ISIN Number

CA0641491075

Website

http://www.scotiabank.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$108,50

15.32%

Last Update: 03/30/2026

Analysts: 14

Highest Price Target C$117,00

Average Price Target C$108,50

Lowest Price Target C$92,00

In the last five quarters, The Bank of Nova Scotia’s Price Target has risen from C$45,21 to C$68,47 - a 51,45% increase. Thridteen analysts predict that The Bank of Nova Scotia’s share price will increase in the coming year, reaching C$108,50. This would represent an increase of 15,32%.

Top growth stocks in the financials sector (5Y.)

What does The Bank of Nova Scotia do?

The Bank of Nova Scotia provides various banking products and services. The company is a global financial services provider offering a diverse range of products and services, including personal, commercial, corporate and investment banking. Business Segments The company organizes its operations into several key segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. Canadian Banking provides a full suite of financial advice and banking solu...

Business Segments

The company organizes its operations into several key segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets.

Canadian Banking provides a full suite of financial advice and banking solutions, supported by an excellent customer experience, to over 11 million customers. Retail, Small Business and Commercial Banking customers receive service through its network of branches and automated banking machines (ABMs), as well as online, mobile and telephone banking, and specialized sales teams. Canadian Banking also provides an alternative self-directed banking solution to Tangerine customers.

International Banking is a strong and diverse franchise that provides financial advice and solutions to over 12 million retail, corporate and commercial clients. Its geographic presence spans more than 15 countries, including Mexico, Chile, Peru, Colombia, Brazil, Uruguay, and various markets in Central America and the Caribbean. The company’s unique geographical footprint ensures robust connectivity within the North America corridor. Many countries within the International Banking network boast of favorable demographics and present significant opportunities for increasing banking penetration.

Global Wealth Management focuses on delivering comprehensive wealth management advice and solutions to clients across Scotiabank’s footprint. Global Wealth Management serves over 2 million investment fund and advisory clients across 13 countries.

Global Banking and Markets (GBM) provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. GBM is a full-service wholesale bank in the Americas, serving clients across Canada, the United States, Latin America, Europe and the Asia-Pacific.

Strategy

The focus is on deepening client relationships to enhance engagement and primacy, managing credit risk prudently, accelerating deposit growth, and prioritizing expansion in markets with scale opportunities. International Banking will continue to maintain a strong emphasis on expense management. The company’s International Banking business is undergoing a transformational change, focusing on strategic client deselection and reorganization for scale and efficiency. This will serve as a key enabler towards the successful execution of the company’s strategy and commitments.

Global Wealth Management continues to execute on its mission to provide clients with strong risk-adjusted investment results and financial planning to deliver wealth solutions that meet their complex needs. The focus continues to be delivering comprehensive advice and planning to best serve clients in the current economic environment and through all market conditions. To maintain the company’s strong momentum towards that focus, Global Wealth Management is continuing to enhance the company’s Total Wealth advice capabilities and innovating its product shelf to deliver purpose-built products for its clients. In addition, Global Wealth Management focuses on maximizing its international footprint, including leveraging the company’s Retail and Commercial Banking infrastructure and network in priority markets across Latin America and the Caribbean. Global Banking and Markets’ ambition is to deliver sustainable and profitable growth for shareholders, driven by disciplined capital allocation across its footprint. GBM focuses on increasing relevance with clients with leading financial advice and solutions and on expanding the company’s full-service corporate offering and prioritizing client relationships where it can provide incremental value beyond lending. The company is leveraging regional and institutional capabilities to deliver for its clients with focused growth in businesses and markets supported by its strategic framework.

Supervision and Regulation in Canada

The company is a chartered Schedule I bank under the Bank Act (Canada) (the Bank Act) and is regulated by the Office of the Superintendent of Financial Institutions (OSFI).

The company is subject to the Bank Holding Company Act of 1956 (BHCA) and the International Banking Act of 1978 and associated regulations of the Board of Governors of the Federal Reserve System (the Federal Reserve Board). The Federal Reserve Board and other banking regulators oversee the operation of the company’s branches, offices and subsidiaries in the U.S. The SEC, state securities regulators and self-regulatory organizations, such as the Financial Industry Regulatory Authority, regulate its broker-dealer subsidiary and the SEC, effective November1, 2021, regulates the company’s security-based swaps dealer business and the Commodity Futures Trading Commission (CFTC) oversees the company’s swaps and commodities trading and clearing businesses. The company is a financial holding company under the BHCA. This status allows a broad range of financial activities to be undertaken in the U.S. Provisions of the Federal Reserve Act place certain limitations and restrictions on the transactions that the company’s U.S. branch and agency can engage in with affiliates of the company.

The company is also subject to the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). The company is subject to the enhanced prudential standards and early remediation requirements of sections 165 (implemented by Regulation YY) and 166 of the Dodd-Frank Act (the FBO Rule) for bank holding companies and foreign banking organizations. Grupo Financiero Scotiabank Inverlat, S.A. de C.V. is an affiliate holding company pursuant to the Law to Regulate Financial Groups and the Regulations for the Establishment of Foreign Affiliates Financial Institutions in Mexico. Scotiabank Peru S.A.A. is a banking company pursuant to the Law of the Banking System, Insurance and Private Pension Funds Administrators and applicable rules for financial groups enacted by the Superintendency of Banking System, Insurance and Private Pension Funds Administrators (SBS) and the Superintendency of Securities Market (SMV).

Pursuant to SBS and SMV regulations on ownership and control of supervised companies, Scotiabank Peru S.A.A. also reports on its holding company shareholder Scotia Peru Holdings S.A.

Scotiabank Chile (Scotiabank Chile) is a special stock corporation governed by the provisions of the General Banking Act and by the provisions applicable to listed corporations contained in the Corporations Act. It is supervised by the Financial Markets Commission (CMF), which is an autonomous institution related to the Chilean Government through the Ministry of Finance. Scotiabank Chile is also governed by the Central Bank of Chile and the National Consumer Service (Sernac), the latter being responsible for, among other functions, consumer protection with regards to financial services, in accordance with the provisions of the Financial Consumer Protection Act. Scotiabank Chile’s subsidiaries are supervised by the CMF, according to their respective business lines.

Scotiabank Colpatria S.A., a subsidiary of the company, is a bank incorporated in compliance with the regulations of the Financial Superintendence of Colombia (Superintendencia Financiera de Colombia or SFC). The SFC is the supervisor of the national banking, insurance, pension funds, and securities markets under Colombian laws, with the purpose of assuring their stability, efficiency and transparency, as well as maintaining and fostering a sound and balanced development of the financial system as a whole, while protecting the interests of the public in Colombia. The SFC is responsible for inspecting, supervising and controlling Scotiabank Colpatria S.A. Additionally, the SFC promotes, organizes and develops regulations in order to ensure the protection of investors, depositors, shareholders and stakeholders. The SFC is also responsible for financial customer protection.

In respect of its London Branch, the company is authorized in the United Kingdom by the Prudential Regulation Authority (PRA) and subject to regulation by the Financial Conduct Authority (FCA) and limited regulation by the PRA. The company’s subsidiary in the United Kingdom, Scotiabank Europe Limited (formerly Scotiabank Europe plc), has successfully applied for its regulatory permissions in the United Kingdom to be cancelled and it is therefore no longer a regulated entity and has been placed into voluntary liquidation.

In respect of its Irish subsidiary, Scotiabank (Ireland) Designated Activity Company, company is authorized and regulated in Ireland by the Central Bank of Ireland.

In respect of its Singapore Branch, the company is authorised and regulated in Singapore by the Monetary Authority of Singapore.

Outside of the U.S., Mexico, Peru, Chile, Colombia, the United Kingdom, Ireland and Singapore, each of the company’s branches, agencies and subsidiaries, many of which are banks in their own right, is also subject to the regulatory requirements of the jurisdiction in which it conducts its business.

History

The Bank of Nova Scotia was founded in 1832.

The Bank of Nova Scotia Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main sources of income:** - **Canadian banking:** 35% - **International banking:** 30% - **Global wealth management:** 20% - **Capital markets:** 15% **TOP 3 markets:** - **Canada:** 45% - **Mexico:** 20% - **Chile:** 15% The Bank of Nova Scotia, also known as Scotiabank, generates its revenues...

At which locations are the company’s products manufactured?

**Production:** Not applicable The Bank of Nova Scotia, also known as Scotiabank, is a financial services company and does not produce physical products. As a bank, it offers services such as account management, lending, asset management, and investment banking. Its "production" consists...

What strategy does The Bank of Nova Scotia pursue for future growth?

**Strategic Growth Areas:** - **International Expansion:** Focus on Latin America - **Digital Transformation:** Investments in technology and digital services - **Sustainability:** Integration of ESG criteria into business processes The Bank of Nova Scotia is pursuing a growth strategy that is heav...

Which raw materials are imported and from which countries?

**Main imported raw materials/materials:** Financial services, technology products **Countries of origin:** USA, China, India The Bank of Nova Scotia, also known as Scotiabank, is primarily active in the financial sector and does not import physical raw materials or materials in the traditional se...

How strong is the company’s competitive advantage?

**Market share in Canada:** 20% (2024, estimated) **International presence:** Active in over 50 countries (2023) **Common Equity Tier 1 (CET1) ratio:** 11.5% (2023) The Bank of Nova Scotia, also known as Scotiabank, has a significant competitive advantage due to its strong market position in...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 60% (estimated for 2025 based on historical data) **Insider purchases/sales:** No significant changes (estimated for 2025) The institutional investor share at Bank of Nova Scotia traditionally stands at around 60%, indicating the trust of major investment...

What percentage market share does The Bank of Nova Scotia have?

**Market share of The Bank of Nova Scotia (BNS):** 12% (2025, estimated) **Main competitors and their market shares:** 1. **Royal Bank of Canada (RBC):** 20% 2. **Toronto-Dominion Bank (TD):** 18% 3. **Bank of Montreal (BMO):** 15% 4. **Canadian Imperial Bank of Commerce (CIBC):** 13% 5. **The Bank...

Is The Bank of Nova Scotia stock currently a good investment?

**Revenue growth:** 4.5% (2024) **Profit growth:** 3.8% (2024) **Return on equity (ROE):** 13.2% (2024) **Dividend yield:** 4.9% (2024) The Bank of Nova Scotia achieved a moderate revenue growth of 4.5% in 2024, indicating a stable business development. The profit growth of 3.8% shows that the bank...

Does The Bank of Nova Scotia pay a dividend – and how reliable is the payout?

**Dividend yield:** 5.8% (2025, estimated) **Dividend history:** Continuous payout for over 180 years The Bank of Nova Scotia, also known as Scotiabank, is known for its reliable dividend policy. The bank has a long tradition of dividend payments and is considered one of the more stable dividend...

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The Bank of Nova Scotia Stock Value

The Bank of Nova Scotia Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does The Bank of Nova Scotia do?

The Bank of Nova Scotia Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

The Bank of Nova Scotia Stock Value

The Bank of Nova Scotia Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does The Bank of Nova Scotia do?

The Bank of Nova Scotia Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.