The Bank of Nova Scotia BNS

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93.66 USD -0.41 (-0.44%)

At closeNov 3, 2026, 6:40 PM EST

93.66 0.00 0.00%

After hours · Nov 3, 6:40 PM ET

93.50 Day range 94.36
64.80 52-week range 96.17
YTD
+27.10%
1 year
+42.58%

Financial health

Altman Z-Score

0.02 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

C+2 / 5 overall

  • DCF 1
  • Return on Equity 3
  • Return on Assets 2
  • Debt / Equity 1
  • P/E 2
  • P/B 3

Valuation

P/E 16.1×
FY 2016: 12.4×FY 2017: 12.7×FY 2018: 10.0×FY 2019: 11.2×FY 2020: 10.2×FY 2021: 10.6×FY 2022: 8.2×FY 2023: 9.6×FY 2024: 12.1×FY 2025: 16.1×
FY 2016 5y median 10.6× FY 2025
P/S 1.6×
FY 2016: 3.3×FY 2017: 3.7×FY 2018: 3.0×FY 2019: 3.1×FY 2020: 2.1×FY 2021: 3.2×FY 2022: 2.5×FY 2023: 2.1×FY 2024: 3.0×FY 2025: 1.6×
FY 2016 5y median 2.5× FY 2025
P/B 1.3×
FY 2016: 1.5×FY 2017: 1.7×FY 2018: 1.3×FY 2019: 1.4×FY 2020: 1.0×FY 2021: 1.4×FY 2022: 1.1×FY 2023: 0.9×FY 2024: 1.1×FY 2025: 1.3×
FY 2016 5y median 1.1× FY 2025
P/FCF 22.6×
FY 2016: 23.1×FY 2017: 38.8×FY 2018: 4.9×FY 2019: -7.6×FY 2020: 1.2×FY 2021: -7.5×FY 2022: 4.8×FY 2023: 2.1×FY 2024: 5.8×FY 2025: 22.6×
FY 2016 5y median 4.8× FY 2025
EV/EBITDA 45.6×
FY 2016: 4.9×FY 2017: 4.8×FY 2018: 3.3×FY 2019: 5.6×FY 2020: -0.2×FY 2021: 18.5×FY 2022: 22.8×FY 2023: 25.3×FY 2024: 30.8×FY 2025: 45.6×
FY 2016 5y median 25.3× FY 2025
EV/Sales 7.5×
FY 2016: 1.9×FY 2017: 1.9×FY 2018: 1.3×FY 2019: 2.1×FY 2020: -0.1×FY 2021: 8.4×FY 2022: 10.4×FY 2023: 9.1×FY 2024: 11.0×FY 2025: 7.5×
FY 2016 5y median 9.1× FY 2025
FCF Yield 4.4%
FY 2016: 4.3%FY 2017: 2.6%FY 2018: 20.3%FY 2019: -13.2%FY 2020: 83.3%FY 2021: -13.3%FY 2022: 20.7%FY 2023: 46.5%FY 2024: 17.2%FY 2025: 4.4%
FY 2016 5y median 17.2% FY 2025

Profitability

Gross Margin 44.3%
FY 2016: 100.0%FY 2017: 100.0%FY 2018: 100.0%FY 2019: 100.0%FY 2020: 100.0%FY 2021: 100.0%FY 2022: 100.0%FY 2023: 100.0%FY 2024: 100.3%FY 2025: 44.3%
FY 2016 5y median 100.0% FY 2025
Operating Margin 14.4%
FY 2016: 65.8%FY 2017: 70.8%FY 2018: 80.8%FY 2019: 35.9%FY 2020: 26.6%FY 2021: 40.4%FY 2022: 90.3%FY 2023: 27.3%FY 2024: 44.7%FY 2025: 14.4%
FY 2016 5y median 40.4% FY 2025
Net Margin 10.6%
FY 2016: 27.4%FY 2017: 29.9%FY 2018: 30.3%FY 2019: 27.7%FY 2020: 21.7%FY 2021: 31.1%FY 2022: 31.8%FY 2023: 23.3%FY 2024: 26.3%FY 2025: 10.6%
FY 2016 5y median 26.3% FY 2025
ROE 9.0%
FY 2016: 12.7%FY 2017: 13.3%FY 2018: 13.1%FY 2019: 12.4%FY 2020: 9.9%FY 2021: 13.6%FY 2022: 13.5%FY 2023: 9.6%FY 2024: 9.4%FY 2025: 9.0%
FY 2016 5y median 9.6% FY 2025
ROIC 1.1%
FY 2016: 8.5%FY 2017: 8.5%FY 2018: 8.7%FY 2019: 4.5%FY 2020: 2.2%FY 2021: 2.7%FY 2022: 6.2%FY 2023: 0.7%FY 2024: 1.3%FY 2025: 1.1%
FY 2016 5y median 1.3% FY 2025
ROA 0.5%
FY 2016: 0.8%FY 2017: 0.9%FY 2018: 0.9%FY 2019: 0.8%FY 2020: 0.6%FY 2021: 0.8%FY 2022: 0.7%FY 2023: 0.5%FY 2024: 0.5%FY 2025: 0.5%
FY 2016 5y median 0.5% FY 2025

Growth (YoY)

Revenue 148.2%
FY 2016: 9.7%FY 2017: 3.1%FY 2018: 5.5%FY 2019: 7.2%FY 2020: 3.5%FY 2021: -1.2%FY 2022: 0.8%FY 2023: 2.1%FY 2024: -7.2%FY 2025: 148.2%
FY 2016 FY 2025
Operating Income -20.3%
FY 2016: 6.2%FY 2017: 10.9%FY 2018: 20.5%FY 2019: -52.4%FY 2020: -23.4%FY 2021: 50.2%FY 2022: 125.0%FY 2023: -69.1%FY 2024: 51.7%FY 2025: -20.3%
FY 2016 FY 2025
EPS (diluted) -2.9%
FY 2016: 1.8%FY 2017: 12.5%FY 2018: 7.2%FY 2019: -4.2%FY 2020: -20.5%FY 2021: 45.3%FY 2022: 4.2%FY 2023: -27.6%FY 2024: 0.9%FY 2025: -2.9%
FY 2016 FY 2025
Free Cash Flow -66.6%
FY 2016: -72.3%FY 2017: -31.2%FY 2018: 574.0%FY 2019: -170.2%FY 2020: 557.7%FY 2021: -123.7%FY 2022: 223.4%FY 2023: 91.1%FY 2024: -51.5%FY 2025: -66.6%
FY 2016 FY 2025

Financial Health

Current Ratio 0.1×
FY 2016: 0.8×FY 2017: 1.1×FY 2018: 1.1×FY 2019: 0.7×FY 2020: 1.9×FY 2021: 1.4×FY 2022: 0.9×FY 2023: 0.2×FY 2024: 0.2×FY 2025: 0.1×
FY 2016 5y median 0.2× FY 2025
Quick Ratio 0.1×
FY 2016: 3.4×FY 2017: 3.8×FY 2018: 4.0×FY 2019: 3.4×FY 2020: 1.9×FY 2021: 1.4×FY 2022: 0.9×FY 2023: 0.2×FY 2024: 0.2×FY 2025: 0.1×
FY 2016 5y median 0.2× FY 2025
Debt / Equity 5.8×
FY 2016: 0.2×FY 2017: 0.2×FY 2018: 0.2×FY 2019: 0.3×FY 2020: 0.1×FY 2021: 3.5×FY 2022: 4.2×FY 2023: 4.1×FY 2024: 3.7×FY 2025: 5.8×
FY 2016 5y median 4.1× FY 2025
Net Debt / EBITDA 36.2×
FY 2016: -3.7×FY 2017: -4.6×FY 2018: -4.2×FY 2019: -2.3×FY 2020: -7.1×FY 2021: 11.4×FY 2022: 17.3×FY 2023: 19.5×FY 2024: 22.4×FY 2025: 36.2×
FY 2016 5y median 19.5× FY 2025
Interest Coverage 0.3×
FY 2016: 2.2×FY 2017: 2.1×FY 2018: 1.9×FY 2019: 0.7×FY 2020: 0.7×FY 2021: 1.6×FY 2022: 1.8×FY 2023: 0.2×FY 2024: 0.3×FY 2025: 0.3×
FY 2016 5y median 0.3× FY 2025

Dividends

Dividend Yield 5.1%
FY 2016: 4.1%FY 2017: 3.8%FY 2018: 4.9%FY 2019: 4.8%FY 2020: 6.8%FY 2021: 4.6%FY 2022: 6.5%FY 2023: 8.1%FY 2024: 6.4%FY 2025: 5.1%
FY 2016 5y median 6.4% FY 2025
Payout Ratio 75.4%
FY 2016: 50.6%FY 2017: 47.4%FY 2018: 48.8%FY 2019: 52.9%FY 2020: 67.3%FY 2021: 47.8%FY 2022: 51.6%FY 2023: 73.2%FY 2024: 73.1%FY 2025: 75.4%
FY 2016 5y median 73.1% FY 2025

Annual · latest fiscal year ends 2025-10-31