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The Bank of Nova Scotia (BNS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CA0641491075

CUSIP

064149107

Sector

Financial Services

IPO Date

Sep 13, 1999

Highlights

Market Cap

$69.56B

EPS (TTM)

$4.09

PE Ratio

13.75

PEG Ratio

1.51

Total Revenue (TTM)

$44.70B

Gross Profit (TTM)

$45.84B

EBITDA (TTM)

$3.64B

Year Range

$39.22 - $56.71

Target Price

$77.66

Short %

0.26%

Short Ratio

16.46

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
BNS vs. TD BNS vs. BNS.TO BNS vs. BMO BNS vs. RY BNS vs. VDY.TO BNS vs. SPY BNS vs. VOO BNS vs. XLF BNS vs. NVS BNS vs. SCHD
Popular comparisons:
BNS vs. TD BNS vs. BNS.TO BNS vs. BMO BNS vs. RY BNS vs. VDY.TO BNS vs. SPY BNS vs. VOO BNS vs. XLF BNS vs. NVS BNS vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in The Bank of Nova Scotia, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
21.44%
12.14%
BNS (The Bank of Nova Scotia)
Benchmark (^GSPC)

Returns By Period

The Bank of Nova Scotia had a return of 23.07% year-to-date (YTD) and 36.34% in the last 12 months. Over the past 10 years, The Bank of Nova Scotia had an annualized return of 4.17%, while the S&P 500 had an annualized return of 11.16%, indicating that The Bank of Nova Scotia did not perform as well as the benchmark.


BNS

YTD

23.07%

1M

6.90%

6M

22.75%

1Y

36.34%

5Y (annualized)

5.73%

10Y (annualized)

4.17%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of BNS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.39%3.68%6.83%-9.95%3.12%-3.40%3.83%6.88%9.24%-4.12%23.07%
202312.26%-8.59%1.78%0.63%-3.21%3.58%2.28%-5.80%-3.90%-9.64%10.63%8.76%6.05%
20221.48%0.53%-0.86%-10.71%6.93%-12.55%4.34%-9.29%-13.96%3.20%8.03%-6.17%-28.05%
2021-0.08%9.38%7.31%3.00%5.67%-3.31%-2.94%-0.85%-0.61%7.79%-4.77%14.83%39.13%
2020-2.11%-4.16%-22.45%0.53%-0.30%3.05%1.31%5.11%-3.96%1.78%17.32%10.83%1.71%
201914.18%-2.42%-4.10%4.62%-7.92%8.53%-1.78%-0.32%8.12%0.84%-2.11%0.66%17.49%
20183.04%-6.81%-0.42%0.67%-1.84%-4.10%3.55%-2.28%2.99%-8.92%1.25%-7.15%-19.14%
20177.36%-2.66%1.63%-5.02%1.55%7.47%3.63%-0.27%3.40%1.42%-1.97%3.02%20.49%
20160.99%-2.06%22.15%8.57%-6.71%1.29%3.59%4.83%0.62%1.45%2.77%1.77%43.71%
2015-15.00%11.26%-6.02%11.03%-4.53%-1.97%-3.87%-7.07%-3.42%7.86%-3.04%-10.13%-25.11%
2014-11.49%4.36%2.40%4.76%5.63%4.68%1.95%-2.47%-6.60%0.06%1.21%-7.99%-5.21%
20131.71%0.97%-0.97%-1.08%-1.58%-4.60%5.32%-1.60%4.35%6.04%1.32%1.59%11.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BNS is 84, placing it in the top 16% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BNS is 8484
Combined Rank
The Sharpe Ratio Rank of BNS is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BNS is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BNS is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BNS is 7676
Calmar Ratio Rank
The Martin Ratio Rank of BNS is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for BNS, currently valued at 2.03, compared to the broader market-4.00-2.000.002.004.002.032.54
The chart of Sortino ratio for BNS, currently valued at 2.73, compared to the broader market-4.00-2.000.002.004.002.733.40
The chart of Omega ratio for BNS, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.47
The chart of Calmar ratio for BNS, currently valued at 0.98, compared to the broader market0.002.004.006.000.983.66
The chart of Martin ratio for BNS, currently valued at 7.03, compared to the broader market0.0010.0020.0030.007.0316.26
BNS
^GSPC

The current The Bank of Nova Scotia Sharpe ratio is 2.03. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of The Bank of Nova Scotia with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
2.03
2.54
BNS (The Bank of Nova Scotia)
Benchmark (^GSPC)

Dividends

Dividend History

The Bank of Nova Scotia provided a 5.58% dividend yield over the last twelve months, with an annual payout of $3.14 per share.


3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$3.14$3.12$3.14$2.88$2.67$2.00$2.54$2.42$2.22$2.68$2.35$1.76

Dividend yield

5.58%6.40%6.40%4.02%4.94%3.54%5.10%3.75%3.98%6.63%4.11%2.82%

Monthly Dividends

The table displays the monthly dividend distributions for The Bank of Nova Scotia. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.79$0.00$0.00$0.79$0.00$0.00$0.77$0.00$0.00$0.79$0.00$3.14
2023$0.76$0.00$0.00$0.76$0.00$0.00$0.80$0.00$0.00$0.80$0.00$0.00$3.12
2022$0.78$0.00$0.00$0.80$0.00$0.00$0.80$0.00$0.00$0.75$0.00$0.00$3.14
2021$0.71$0.00$0.00$0.72$0.00$0.00$0.74$0.00$0.00$0.71$0.00$0.00$2.88
2020$0.69$0.00$0.00$0.64$0.00$0.00$0.66$0.00$0.00$0.68$0.00$0.00$2.67
2019$0.00$0.00$0.00$0.65$0.00$0.67$0.00$0.00$0.68$0.00$0.00$0.00$2.00
2018$0.00$0.00$0.00$0.64$0.00$0.62$0.00$0.00$0.00$0.66$0.00$0.62$2.54
2017$0.00$0.00$0.57$0.00$0.00$0.59$0.00$0.00$0.00$0.63$0.00$0.63$2.42
2016$0.00$0.00$0.00$0.55$0.00$0.55$0.00$0.00$0.56$0.00$0.00$0.55$2.22
2015$0.56$0.00$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.53$0.00$0.50$2.68
2014$0.58$0.00$0.58$0.00$0.00$0.60$0.00$0.00$0.00$0.59$0.00$0.00$2.35
2013$0.59$0.00$0.00$0.57$0.00$0.00$0.60$0.00$0.00$0.00$1.76

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%5.6%
The Bank of Nova Scotia has a dividend yield of 5.58%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%51.0%
The Bank of Nova Scotia has a payout ratio of 50.97%, which is quite average when compared to the overall market. This suggests that The Bank of Nova Scotia strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.72%
-0.88%
BNS (The Bank of Nova Scotia)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the The Bank of Nova Scotia. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the The Bank of Nova Scotia was 63.79%, occurring on Feb 23, 2009. Recovery took 281 trading sessions.

The current The Bank of Nova Scotia drawdown is 10.72%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-63.79%Nov 7, 2007325Feb 23, 2009281Apr 6, 2010606
-46.86%Feb 1, 2018538Mar 23, 2020231Feb 22, 2021769
-44.09%Jul 29, 2014373Jan 20, 2016268Feb 10, 2017641
-40.51%Mar 23, 2022403Oct 27, 2023
-24.1%Apr 4, 2011165Nov 25, 2011266Dec 18, 2012431

Volatility

Volatility Chart

The current The Bank of Nova Scotia volatility is 4.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.49%
3.96%
BNS (The Bank of Nova Scotia)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of The Bank of Nova Scotia over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of The Bank of Nova Scotia compared to its peers in the Banks - Diversified industry.


PE Ratio
10.020.030.040.050.013.7
The chart displays the price to earnings (P/E) ratio for BNS in comparison to other companies of the Banks - Diversified industry. Currently, BNS has a PE value of 13.7. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.012.01.5
The chart displays the price to earnings to growth (PEG) ratio for BNS in comparison to other companies of the Banks - Diversified industry. Currently, BNS has a PEG value of 1.5. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for The Bank of Nova Scotia.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items