Bank of Nova Scotia (BNS)

Financial Services · Banks - Diversified
$88.11 -2.34% on the day Market cap $109.4B 52-week range $62.98 to $95.74 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Bank of Nova Scotia's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

C

Five factors scored 1 to 9 from BNS's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation6
Profitability6
Growth6
Financial health1

Key numbers

P/E (trailing)18.1x
P/E (forward)15.1x
Price / free cash flow21.6x
EV / EBITDA0.00x
Price / sales3.29x
Price / book1.93x
Revenue growth+2.9%
Operating margin—
Net margin23.5%
Return on equity10.2%
Dividend yield4.9%
Debt / equity15.8x

Results from SEC filings

Fiscal years, from Bank of Nova Scotia's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$31.3B$31.4B$32.2B$33.7B$37.7B
Net income$9.6B$9.9B$7.3B$7.8B$7.8B
Free cash flow—————
EPS (diluted)$7.70$8.02$5.72$5.87$5.67
Operating margin—————

Where the revenue comes from

Revenue by segments, fiscal 2025.

Canadian banking$13.4B35%
International banking$12.0B32%
Global Wealth Management$6.4B17%
Global banking and markets$6.2B16%

Superinvestors who own BNS

From each investor's latest 13F filing (what a 13F shows). 5 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Trimmed $231M0.08%Q2 2026
Hersh Cohen
ClearBridge Investments
Trimmed $156M0.13%Q2 2026
Prem Watsa
Fairfax Financial Holdings
Held $31M1.2%Q2 2026
Lee Ainslie
Maverick Capital
Added $4M0.04%Q2 2026
Tweedy, Browne
Tweedy, Browne Company
New position $4M0.28%Q2 2026

Insider buying

Open-market purchases by Bank of Nova Scotia's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of BNS in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Bank of Nova Scotia insiders buying the stock?

No open-market insider purchases of BNS in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Bank of Nova Scotia?

5 of the superinvestors Investingly tracks hold BNS in their latest 13F, including Cliff Asness, Hersh Cohen, Prem Watsa.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.