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 company was founded in 1832 and is headquartered in Toronto, Canada.
Strategic Shift | Explore Scotiabank's renewed focus on key Latin American markets and strategic consolidation efforts, aimed at optimizing its international portfolio and driving growth |
Financial Resilience | Delve into BNS's robust financial health, with a 53-year dividend streak and projected EPS growth from $4.64 in 2024 to $6.05 in 2026, despite economic challenges |
Leadership Renewal | Discover how CEO Scott Thomson's appointment and leadership restructuring could potentially boost ROE by 300 basis points by 2027, catalyzing stock outperformance |
Market Valuation | Analysts' price targets range from CAD 65 to 70, with BNS currently trading below fair value, presenting a potential opportunity for investors seeking undervalued stocks |
Metrics to compare | BNS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBNSPeersSector | |
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P/E Ratio | 15.9x | 10.4x | 9.6x | |
PEG Ratio | −0.81 | 1.13 | 0.03 | |
Price/Book | 1.1x | 1.5x | 1.0x | |
Price / LTM Sales | 3.3x | 3.6x | 2.8x | |
Upside (Analyst Target) | −2.0% | 2.0% | 11.7% | |
Fair Value Upside | Unlock | 10.8% | 1.5% | Unlock |