The Bank of Nova Scotia offers various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The company is headquartered in Halifax, Canada.
| Revenue (TTM) | $35.20B |
| Gross Profit (TTM) | $35.20B |
| EBITDA | — |
| Operating Margin | 41.20% |
| Return on Equity | 11.50% |
| Return on Assets | 0.68% |
| Revenue/Share (TTM) | $28.57 |
| Book Value | $52.64 |
| Price-to-Book | 2.03 |
| Price-to-Sales (TTM) | 3.25 |
| EV/Revenue | 13.16 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 23.40% |
| Quarterly Revenue Growth (YoY) | 11.70% |
| Shares Outstanding | $1.22B |
| Float | $1.20B |
| % Insiders | 0.02% |
| % Institutions | 51.21% |
Volatility is currently expanding
Bank of Nova Scotia reported robust Q3 results, mostly driven by favourable banking conditions. The bank's CET1 Ratio and Balance sheet metrics seem stable. Despite the favourable results, I acknowledge the ADR's cyclical performance and have thus decided to stay neutral until valuations cool down.
Scotiabank grew earnings per share 21% last quarter. BMO grew 22%. Both used the word "record." Neither was exaggerating. Scotiabank grew capital markets 37% and wealth 23%. BMO grew capital markets 45% and wealth 22%. Scotiabank raised provisions 3.7% to $1.079 billion. BMO cut provisions 9% to $722 million.
Scotiabank stock price continued its strong bull run this week, reaching an all-time high. BNS has jumped 30% this year and 68% over the past 12 months, outpacing the SPDR S&P Bank ETF (KBE), which has risen just 16% this year.
The Bank of Nova Scotia (BNS:CA) Q3 2026 Earnings Call Transcript
Bank of Nova Scotia (TSX:BNS) reported record quarterly earnings, beating analyst estimates as its capital markets unit posted stronger-than-expected results amid elevated market volatility. Adjusted earnings per share came in at $2.28, ahead of the roughly $2.10 analysts had expected.
Bank of Nova Scotia NYSE: BNS reported record third-quarter results for fiscal 2026, with management citing broad-based earnings strength, improving returns in Canadian Banking and continued growth in wealth management and capital markets.
Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.
Bank of Nova Scotia (BNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Bank of Nova Scotia gets its buy rating from 2023 reaffirmed, as my high confidence in the bullish case continues despite share price growth lately. Positive strengths are the A-level investment-grade rating, improving margins and EPS trends, attractive price forecast pointing to upside, and dividend safety. A challenge is this bank is in a highly competitive sector with other major banking brands, both in the US and Canada, who compete for banking clients.
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