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Investment Q&A

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Bank of Nova Scotia (The) (BNS $64.37)
- $64.37 P/E (TTM): 17.13X Cap: $80.19B
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Q: What do you make of BNS laying off investment bankers? Time to cash out? Thanks a lot.

Asked by TOM on August 15, 2025

5i Research Answer:

Considering IPOs are hot and the market is at record levels, it is somehwat surprising. But the Hong Kong and Australia offices are not big and not really overly material to the company.

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