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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 turnaround efforts under new CEO Scott Thomson, focusing on franchise profitability and capital redeployment in Canada and the US |
Latin American Pivot | Delve into BNS's consolidation of operations in key Latin American markets, balancing growth potential with economic volatility risks |
Financial Outlook | Analysts project double-digit earnings growth and steady Net Interest Income increase, with EPS estimates revised upwards for coming fiscal years |
Valuation Insights | Learn about BNS's market positioning with a $68.2B cap, trading near 52-week high. Analyst price targets range from $62 to $74, averaging around $66 |
Metrics to compare | BNS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBNSPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.1x | 12.1x | 9.0x | |
PEG Ratio | 4.39 | 0.30 | 0.03 | |
Price/Book | 1.1x | 1.3x | 1.0x | |
Price / LTM Sales | 3.0x | 3.6x | 2.8x | |
Upside (Analyst Target) | 7.7% | 12.4% | 12.2% | |
Fair Value Upside | Unlock | 9.0% | 3.4% | Unlock |