The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

BNS.TO

Concerning the House

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. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternatives, and institutional funds. The company was founded in 1832 and is headquartered in Toronto, Canada.

Canada · www.scotiabank.com

The Ledger
LineApr 2025Jul 2025Oct 2025Jan 2026
Revenue$8.93B$9.33B$9.58B$9.88B
Net income$1.98B$2.45B$2.22B$2.29B
Diluted EPS1.481.841.73
Free cash flow$2.36B$4.31B-$6.34B$12.64B
CapEx-$120.00M-$69.00M-$150.00M-$231.00M
Quotation

$126.28

+0.33 (+0.3%)

52w hi$126.86
52w lo$74.69
Vol1.97M
As ofAug 13
The Verdict

Buy

Our score +0.53

Short+0.29
Medium+0.61
Long+0.84

computed 2026-08-13

By the Numbers

The Bank of Nova Scotia

Financial Services · Banks - Diversified

Market cap$154.22B
Enterprise value-$25.40B
Trailing P/E17.42x
Forward P/E13.63x
EV / EBITDA
P / S (ttm)4.50x
Profit margin27.9%
Return on equity11.0%
Revenue growth+12.6%
Earnings growth+35.4%
Debt / equity
Risk Metrics
Beta vs SPX0.43
Corr SPX0.44
Annual vol16.0%
Annual ret+34.6%
Sharpe2.16
Max DD-21.1%

Window: 504 trading days (493 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.46
Sector+0.09
Technical+0.27
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$126.10$126.65$125.42$126.281.97M
Aug 12$124.38$126.05$124.00$125.952.22M
Aug 11$123.95$124.70$123.50$123.813.12M
Aug 10$123.79$124.56$123.43$123.553.89M
Aug 7$123.96$124.09$122.75$124.004.07M