Review of Bank of Nova Scotia

OCT 10, 2024 - BNS has established itself as a leading bank in the Americas offering a broad range of services and products such as personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The Bank employs 89,239 workers, has 2,279 branches and offices, and 8,584 automated-banking-machines (ABMs). BNS is the cheapest Canadian Bank and also pays the highest yield. We think further multiple expansion could occur as BNS executes on its strategy and continues to string together earnings beats. With a positive outlook we are maintain our rating of an A-.

Download Report

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

Toronto-Dominion Bank (The) (TD $106.32)
- $106.32 P/E (TTM): 8.97X Cap: $181.50B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $87.74)
- $87.74 P/E (TTM): 16.87X Cap: $108.93B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Constellation Software Inc. (CSU $4,392.79)
- $4,392.79 P/E (TTM): 109.88X Cap: $93.08B
- View CSU Profile
- View Questions on CSU
- View Reports on CSU
Dollarama Inc. (DOL $188.77)
- $188.77 P/E (TTM): 42.18X Cap: $52.17B
- View DOL Profile
- View Questions on DOL
Intact Financial Corporation (IFC $277.97)
- $277.97 P/E (TTM): 22.67X Cap: $49.57B
- View IFC Profile
- View Questions on IFC
WSP Global Inc. (WSP $288.28)
- $288.28 P/E (TTM): 47.42X Cap: $37.62B
- View WSP Profile
- View Questions on WSP
- View Reports on WSP
Descartes Systems Group Inc. (The) (DSG $144.53)
- $144.53 P/E (TTM): 63.55X Cap: $12.42B
- View DSG Profile
- View Questions on DSG
- View Reports on DSG
FirstService Corporation (FSV $283.12)
- $283.12 P/E (TTM): 65.59X Cap: $12.89B
- View FSV Profile
- View Questions on FSV
- View Reports on FSV
Toromont Industries Ltd. (TIH $147.08)
- $147.08 P/E (TTM): 24.97X Cap: $11.95B
- View TIH Profile
- View Questions on TIH
- View Reports on TIH
Thomson Reuters Corporation (TRI $239.50)
- $239.50 P/E (TTM): 48.26X Cap: $107.93B
- View TRI Profile
- View Questions on TRI
Alimentation Couche-Tard Inc. (ATD $73.64)
- $73.64 P/E (TTM): 19.8X Cap: $69.26B
- View ATD Profile
- View Questions on ATD
Shopify Inc. Class A Subordinate Voting Shares (SHOP $198.49)
- $198.49 P/E (TTM): 81.84X Cap: $257.91B
- View SHOP Profile
- View Questions on SHOP
- View Reports on SHOP
goeasy Ltd. (GSY $207.45)
- $207.45 P/E (TTM): 12.56X Cap: $3.33B
- View GSY Profile
- View Questions on GSY
- View Reports on GSY
EQB Inc. (EQB $91.23)
- $91.23 P/E (TTM): 10.49X Cap: $3.49B
- View EQB Profile
- View Questions on EQB
- View Reports on EQB
Brookfield Corporation Class A Limited Voting Shares (BN $93.80)
- $93.80 P/E (TTM): 160.53X Cap: $140.31B
- View BN Profile
- View Questions on BN

Q: My son (23) has 9000$ to invest in his first TFSA (he already has a FHSA account that is maxed out). He wants to open a TFSA investing account. Do you have a recommendation for how he breaks up the 9000.00 (ie. 3 stocks)? Are there any sectors that he should focus on at first? Do any particular stocks jump out at you as suitable for this kind or foray into the market?

Thanks in advance
Sue

Read Answer Asked by Susan on September 11, 2025

Royal Bank of Canada (RY $199.63)
- $199.63 P/E (TTM): 20.26X Cap: $280.47B
- View RY Profile
- View Questions on RY
Toronto-Dominion Bank (The) (TD $106.32)
- $106.32 P/E (TTM): 8.97X Cap: $181.50B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $87.74)
- $87.74 P/E (TTM): 16.87X Cap: $108.93B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Bank of Montreal (BMO $174.93)
- $174.93 P/E (TTM): 14.58X Cap: $125.30B
- View BMO Profile
- View Questions on BMO
Canadian Imperial Bank Of Commerce (CM $109.59)
- $109.59 P/E (TTM): 17.47X Cap: $101.85B
- View CM Profile
- View Questions on CM
National Bank of Canada (NA $149.45)
- $149.45 P/E (TTM): 14.24X Cap: $58.57B
- View NA Profile
- View Questions on NA

Q: In your opinion, are Cdn. bank stocks overvalued and is it time to trim. Along with two Cdn insurance companies they currently represent approximately 26% of our portfolio

Read Answer Asked by Donald on September 11, 2025

Royal Bank of Canada (RY $199.63)
- $199.63 P/E (TTM): 20.26X Cap: $280.47B
- View RY Profile
- View Questions on RY
Toronto-Dominion Bank (The) (TD $106.32)
- $106.32 P/E (TTM): 8.97X Cap: $181.50B
- View TD Profile
- View Questions on TD
Bank of Nova Scotia (The) (BNS $87.74)
- $87.74 P/E (TTM): 16.87X Cap: $108.93B
- View BNS Profile
- View Questions on BNS
- View Reports on BNS
Canadian National Railway Company (CNR $129.39)
- $129.39 P/E (TTM): 17.89X Cap: $80.76B
- View CNR Profile
- View Questions on CNR
Enbridge Inc. (ENB $67.98)
- $67.98 P/E (TTM): 23.73X Cap: $148.26B
- View ENB Profile
- View Questions on ENB
- View Reports on ENB
TC Energy Corporation (TRP $72.45)
- $72.45 P/E (TTM): 17.66X Cap: $75.29B
- View TRP Profile
- View Questions on TRP
Canadian Pacific Kansas City Limited (CP $103.98)
- $103.98 P/E (TTM): 23.32X Cap: $96.74B
- View CP Profile
- View Questions on CP
Fortis Inc. (FTS $68.37)
- $68.37 P/E (TTM): 20.02X Cap: $34.43B
- View FTS Profile
- View Questions on FTS
Canadian Utilities Limited Class A Non-Voting Shares (CU $38.12)
- $38.12 P/E (TTM): 23.19X Cap: $10.36B
- View CU Profile
- View Questions on CU
Emera Incorporated (EMA $64.79)
- $64.79 P/E (TTM): 21.82X Cap: $19.39B
- View EMA Profile
- View Questions on EMA

Q: Your thoughts please on this TFSA used by a retired banker that is very simple but has vastly outpermormed the TSX. I realize only 3 sectors are covered but looks to be all quality companies?

Thx

Read Answer Asked by blake on September 04, 2025