Shares of Bank of Nova Scotia have moved -3.6% today, and are now trading at a price of $44.72. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 3,060,542 compared to the stock's average volume of 1,725,540.
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. Based in Toronto, Canada the company has 89,090 full time employees and a market cap of $55,034,220,544. Bank of Nova Scotia currently offers its equity investors a dividend that yields 9.1% per year.
The company is now trading -4.87% away from its average analyst target price of $47.01 per share. The 4 analysts following the stock have set target prices ranging from $38.97 to $52.29, and on average give Bank of Nova Scotia a rating of underperform.
Over the last 12 months BNS shares have declined by -4.5%, which represents a difference of -24.9% when compared to the S&P 500. The stock's 52 week high is $51.98 per share and its 52 week low is $39.8. With its net margins declining an average -1.8% over the last 6 years, Bank of Nova Scotia declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 8,347,000 | 2,092,000 | 25 | 56.25 |
| 2023 | 8,272,000 | 1,354,000 | 16 | -40.74 |
| 2022 | 7,626,000 | 2,093,000 | 27 | -18.18 |
| 2021 | 7,687,000 | 2,559,000 | 33 | 32.0 |
| 2020 | 7,505,000 | 1,899,000 | 25 | -10.71 |
| 2019 | 7,968,000 | 2,308,000 | 28 |
