BANK OF NOVA SCOTIA
In the published model solve dated 2026-Q2, anchored at $87.11, BANK OF NOVA SCOTIA (BNS) is priced for 12.5% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 24, 2026 from SEC EDGAR filings.
• All four of Scotiabank's businesses earned more in the quarter ended April 30, 2026 than a year earlier, and adjusted return on equity climbed to 13.2% from 10.4%, the clearest sign yet that the Latin American franchise has stopped being a drag [Source: Scotiabank Q2 2026 earnings call]. • Credit is where that improvement could be undone: gross impaired loans reached C$7.61 billion, or 99 basis points of loans, and provisions ran at 66 basis points in the quarter [Source: Scotiabank Q2 2026 r
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487 institutional managers reported holding BNS in 13F filings for the quarter ended 2026-03-31. Together they hold about 43% of the company; the top 10 hold 25%. 55 opened new positions that quarter. Held by Vanguard Group, Acadian Asset Management, Geode Capital, among others. On the short side, 7.3M shares were sold short as of the 2026-06-15 count, about 0.6% of shares outstanding (3.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BNS's share count grew 1.6% over the past five years. It pays a dividend, and has paid one every year in our records (8 and counting), raised 7 years straight. Cash returned over the past three years: $11.70B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 24, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.