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

The Bank of Nova Scotia (BNS.TO)

Equity · Currency in CAD · Last updated Nov 4, 2024

Company Info

ISINCA0641491075
CUSIP064149107
SectorFinancial Services
IndustryBanks - Diversified

Highlights

Market CapCA$89.63B
EPS (TTM)CA$5.71
PE Ratio12.69
PEG Ratio1.35
Total Revenue (TTM)CA$35.40B
Gross Profit (TTM)CA$35.40B
EBITDA (TTM)CA$6.32B
Year RangeCA$53.32 - CA$74.29
Target PriceCA$70.29
Short %3.74%
Short Ratio6.19

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.TO vs. BNS, BNS.TO vs. RY.TO, BNS.TO vs. VDY.TO, BNS.TO vs. TD.TO, BNS.TO vs. BMO.TO, BNS.TO vs. MFC.TO, BNS.TO vs. GOLD.TO, BNS.TO vs. NA.TO, BNS.TO vs. SCHD, BNS.TO vs. TLT

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$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.

2,000.00%4,000.00%6,000.00%8,000.00%JuneJulyAugustSeptemberOctoberNovember
8,475.83%
1,903.75%
BNS.TO (The Bank of Nova Scotia)
Benchmark (^GSPC)

Returns By Period

The Bank of Nova Scotia had a return of 19.71% year-to-date (YTD) and 30.49% in the last 12 months. Over the past 10 years, The Bank of Nova Scotia had an annualized return of 6.03%, while the S&P 500 had an annualized return of 10.96%, indicating that The Bank of Nova Scotia did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date19.71%20.10%
1 month0.60%-0.39%
6 months16.58%11.72%
1 year30.49%31.44%
5 years (annualized)4.86%13.30%
10 years (annualized)6.03%10.96%

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.90%4.68%6.47%-8.44%2.15%-3.01%4.79%4.34%9.54%-1.29%19.71%
202310.29%-6.37%0.93%0.88%-3.05%1.08%1.83%-3.43%-3.40%-7.77%8.10%6.26%3.70%
20222.24%0.32%-2.45%-8.18%5.45%-11.19%3.83%-6.91%-9.53%1.82%6.58%-5.47%-22.83%
20210.44%9.09%5.67%0.71%3.76%-0.73%-2.33%0.36%-0.24%5.28%-1.68%13.49%37.99%
2020-0.24%-2.85%-18.16%-1.28%-1.13%1.83%-0.50%2.47%-1.86%1.69%14.18%8.86%-0.29%
20199.92%-2.22%-2.73%5.00%-7.08%3.87%0.17%0.48%7.55%0.39%-0.79%-2.12%11.80%
20180.74%-2.72%-0.18%0.51%-0.86%-3.81%3.56%-2.02%1.93%-7.21%2.34%-4.70%-12.24%
20174.01%-0.93%1.96%-2.47%0.45%3.34%-0.44%0.03%3.23%4.87%-2.13%0.49%12.80%
20162.54%-4.58%15.91%4.86%-2.52%-0.18%4.74%5.28%0.64%3.68%2.86%1.83%39.43%
2015-6.99%9.42%-4.89%5.84%-1.70%-1.42%0.63%-6.18%-2.31%5.77%-0.98%-6.95%-10.77%
2014-7.15%3.63%2.14%4.01%4.55%3.09%4.03%-2.66%-3.85%0.60%2.14%-5.94%3.69%
20132.07%4.74%-2.79%-1.73%1.64%-3.74%3.18%0.84%1.91%7.44%2.87%1.87%19.30%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BNS.TO is 86, placing it in the top 14% 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.TO is 8686
Combined Rank
The Sharpe Ratio Rank of BNS.TO is 9191Sharpe Ratio Rank
The Sortino Ratio Rank of BNS.TO is 8989Sortino Ratio Rank
The Omega Ratio Rank of BNS.TO is 8888Omega Ratio Rank
The Calmar Ratio Rank of BNS.TO is 7777Calmar Ratio Rank
The Martin Ratio Rank of BNS.TO is 8484Martin 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.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

BNS.TO
Sharpe ratio
The chart of Sharpe ratio for BNS.TO, currently valued at 2.29, compared to the broader market-4.00-2.000.002.004.002.29
Sortino ratio
The chart of Sortino ratio for BNS.TO, currently valued at 3.13, compared to the broader market-4.00-2.000.002.004.006.003.13
Omega ratio
The chart of Omega ratio for BNS.TO, currently valued at 1.41, compared to the broader market0.501.001.502.001.41
Calmar ratio
The chart of Calmar ratio for BNS.TO, currently valued at 1.13, compared to the broader market0.002.004.006.001.13
Martin ratio
The chart of Martin ratio for BNS.TO, currently valued at 8.52, compared to the broader market0.0010.0020.0030.008.52
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.88, compared to the broader market-4.00-2.000.002.004.002.88
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.82, compared to the broader market-4.00-2.000.002.004.006.003.82
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.501.001.502.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.52, compared to the broader market0.002.004.006.003.52
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.62, compared to the broader market0.0010.0020.0030.0018.62

Sharpe Ratio

The current The Bank of Nova Scotia Sharpe ratio is 2.29. 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.29
3.26
BNS.TO (The Bank of Nova Scotia)
Benchmark (^GSPC)

Dividends

Dividend History

The Bank of Nova Scotia provided a 5.85% dividend yield over the last twelve months, with an annual payout of CA$4.24 per share.

3.00%4.00%5.00%6.00%CA$0.00CA$1.00CA$2.00CA$3.00CA$4.00CA$5.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
DividendCA$4.24CA$4.18CA$3.06CA$4.60CA$3.60CA$2.64CA$3.34CA$3.10CA$2.92CA$3.42CA$2.56CA$1.82

Dividend yield

5.85%6.48%4.61%5.14%5.23%3.60%4.91%3.82%3.91%6.11%3.86%2.74%

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
2024CA$1.06CA$0.00CA$0.00CA$1.06CA$0.00CA$0.00CA$1.06CA$0.00CA$0.00CA$1.06CA$0.00CA$4.24
2023CA$1.03CA$0.00CA$0.00CA$1.03CA$0.00CA$0.00CA$1.06CA$0.00CA$1.06CA$0.00CA$0.00CA$0.00CA$4.18
2022CA$0.00CA$0.00CA$0.00CA$1.00CA$0.00CA$0.00CA$1.03CA$0.00CA$0.00CA$1.03CA$0.00CA$0.00CA$3.06
2021CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$1.00CA$4.60
2020CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$3.60
2019CA$0.00CA$0.00CA$0.00CA$0.87CA$0.00CA$0.87CA$0.00CA$0.00CA$0.90CA$0.00CA$0.00CA$0.00CA$2.64
2018CA$0.00CA$0.00CA$0.00CA$0.82CA$0.00CA$0.82CA$0.00CA$0.00CA$0.00CA$0.85CA$0.00CA$0.85CA$3.34
2017CA$0.00CA$0.00CA$0.76CA$0.00CA$0.00CA$0.76CA$0.00CA$0.00CA$0.00CA$0.79CA$0.00CA$0.79CA$3.10
2016CA$0.00CA$0.00CA$0.00CA$0.72CA$0.00CA$0.72CA$0.00CA$0.00CA$0.74CA$0.00CA$0.00CA$0.74CA$2.92
2015CA$0.66CA$0.00CA$0.00CA$0.68CA$0.00CA$0.00CA$0.68CA$0.00CA$0.00CA$0.70CA$0.00CA$0.70CA$3.42
2014CA$0.62CA$0.00CA$0.64CA$0.00CA$0.00CA$0.64CA$0.00CA$0.00CA$0.00CA$0.66CA$0.00CA$0.00CA$2.56
2013CA$0.60CA$0.00CA$0.00CA$0.60CA$0.00CA$0.00CA$0.62CA$0.00CA$0.00CA$0.00CA$1.82

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%5.9%
The Bank of Nova Scotia has a dividend yield of 5.85%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%68.8%
The Bank of Nova Scotia has a payout ratio of 68.83%, 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.

-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.20%
-1.52%
BNS.TO (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 52.27%, occurring on Feb 23, 2009. Recovery took 185 trading sessions.

The current The Bank of Nova Scotia drawdown is 9.20%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-52.27%May 18, 2007443Feb 23, 2009185Nov 17, 2009628
-45%Apr 17, 1998117Oct 5, 1998458Aug 14, 2000575
-38.94%Nov 21, 2017586Mar 23, 2020230Feb 22, 2021816
-34.84%Feb 9, 2022431Oct 27, 2023———
-31.97%Jan 4, 1990210Nov 5, 199078Feb 28, 1991288

Volatility

Volatility Chart

The current The Bank of Nova Scotia volatility is 3.46%, 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%JuneJulyAugustSeptemberOctoberNovember
3.46%
3.36%
BNS.TO (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
10.020.030.040.050.012.7
The chart displays the price to earnings (P/E) ratio for BNS.TO in comparison to other companies of the Banks - Diversified industry. Currently, BNS.TO has a PE value of 12.7. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.012.01.4
The chart displays the price to earnings to growth (PEG) ratio for BNS.TO in comparison to other companies of the Banks - Diversified industry. Currently, BNS.TO has a PEG value of 1.4. 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

Income Statement
Balance Sheet
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Quarterly
TTM
Revenue

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EBITDA

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EBIT

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Earnings From Continuing Operations

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Net Income

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Income Tax Expense

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Discontinued Operations

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Effect Of Accounting Charges

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Values in undefined except per share items