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Upturn AI Summary - About
Bank of Nova Scotia(BNS)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BNS
10/26/2026: BNS (5-star) is currently NOT-A-BUY. Pass it for now.
The Bank of Nova Scotia is a major Canadian financial institution that distinguishes itself through a focused international strategy in the Americas. The bank’s main strengths include a stable domestic retail presence, a consistent dividend track record, and a strategic geographic focus on high-growth Latin American markets. Investors are attracted to its reliability and yield, while the primary growth story centers on digital transformation and regional trade finance. Risks are tied to macroeconomic volatility in emerging markets, regulatory pressures, and competitive banking dynamics. This stock is best suited for long-term income and value-oriented investors who should monitor the execution of the bank's regional trade-linkage strategy and shifts in interest rate policy.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is moderate, driven more by cyclical economic conditions than high-growth disruption. |
| Momentum investor | Mixed fit | The stock tends to trade based on interest rate cycles and regional economic health rather than short-term price momentum. |
| Value investor | Strong fit | Often trades at a reasonable price-to-earnings multiple compared to its historical averages and peer group. |
| Dividend investor | Strong fit | The bank is known for a long track record of consistent dividend payments and reliable yield. |
| Low-risk investor | Strong fit | As a highly regulated and stable Canadian financial institution, it presents a lower risk profile compared to growth stocks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Bank stocks can fluctuate significantly during economic downturns or interest rate shifts. |
| Valuation risk | Low | The stock typically trades at stable, predictable multiples related to book value and earnings. |
| Competition risk (Banking) | Medium / high | The sector faces intense competition for mortgage and investment customers from established peers and fintechs. |
| Business quality | Strong | The bank possesses a well-established franchise and strong regulatory backing as a systemically important institution. |
| Dividend income | Strong | The commitment to dividend payouts is a cornerstone of the bank's appeal to long-term investors. |
| Execution risk | Medium | The bank must execute its international strategy effectively to offset slower domestic growth. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 106.16% | Avg. Invested days 104 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/26/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 113.23B USD | Price to earnings Ratio 16.83 | 1Y Target Price 92.06 |
Price to earnings Ratio 16.83 | 1Y Target Price 92.06 | ||
Volume (30-day avg) 1.7M shares | Beta 1.19 | 52 Weeks Range 62.21 - 94.87 | Updated Date 10/25/2026 |
52 Weeks Range 62.21 - 94.87 | Updated Date 10/25/2026 | ||
Dividends yield (FY) 4.75% | Basic EPS (TTM) 5.52 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Canadian Banking | Retail deposits, mortgages, and commercial loans. | This is the primary reliable revenue engine of the bank. |
| International Banking | Retail and corporate banking in Latin America. | This provides geographic diversity but comes with higher economic risk. |
| Global Wealth Management | Asset management and brokerage. | This generates stable fee-based income regardless of interest rate cycles. |
| Global Banking and Markets | Capital markets and investment banking. | This area is more cyclical and dependent on financial market health. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 16.83 | Forward PE 13.83 | Enterprise Value -84.04B | Price to Sales(TTM) 3.22 |
Enterprise Value -84.04B | Price to Sales(TTM) 3.22 | ||
Enterprise Value to Revenue 13.21 | Enterprise Value to EBITDA - | Shares Outstanding 1.22B | Shares Floating 1.20B |
Shares Outstanding 1.22B | Shares Floating 1.20B | ||
Percent Insiders 0.02 | Percent Institutions 50.89 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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