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 Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also 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 alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
IPO Year:
Exchange: NYSE
Website: scotiabank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/3/2026 | Buy → Hold | TD Securities | |
| 11/25/2025 | Outperform | Raymond James | |
| 3/31/2025 | Buy → Neutral | BofA Securities | |
| 2/18/2025 | Sector Outperform → Neutral | CIBC | |
| 11/21/2024 | Underweight → Equal Weight | Barclays | |
| 11/19/2024 | Hold → Buy | Canaccord Genuity | |
| 11/19/2024 | Neutral → Buy | BofA Securities | |
| 11/18/2024 | Neutral → Buy | UBS | |
| 11/4/2024 | Hold → Buy | TD Securities | |
| 7/2/2024 | Neutral | UBS |
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
TD Securities downgraded Bank of Nova Scotia from Buy to Hold
Raymond James initiated coverage of Bank of Nova Scotia with a rating of Outperform
BofA Securities downgraded Bank of Nova Scotia from Buy to Neutral
CIBC downgraded Bank of Nova Scotia from Sector Outperform to Neutral
Barclays upgraded Bank of Nova Scotia from Underweight to Equal Weight
Canaccord Genuity upgraded Bank of Nova Scotia from Hold to Buy
BofA Securities upgraded Bank of Nova Scotia from Neutral to Buy
UBS upgraded Bank of Nova Scotia from Neutral to Buy
TD Securities upgraded Bank of Nova Scotia from Hold to Buy
UBS initiated coverage of Bank of Nova Scotia with a rating of Neutral
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TORONTO, July 21, 2026 /CNW/ -- Scotia Global Asset Management announced today the July 2026 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on July 28, 2026, will receive a cash distribution payable on August 5, 2026, as noted below. Scotia ETF nameTicker symbol Cash distribution per unit ($)Distribution frequencyScotia Canadian Bond Index Tracker ETFSITB0.051MonthlyScotia Responsible Investing Canadian Bond Index ETFSRIB0.054MonthlyFor more information on the Scotia ETFs, please visit the Scotia Exchange Traded Funds (ETF) website.Commissions, trai
Innovative model brings together some of Canada's largest and most regulated institutions to build shared capabilities to develop, govern and scale AI TORONTO, July 7, 2026 /CNW/ - Lightworks, Scotiabank, Sun Life and TELUS today announced the launch of the AI Consortium, a trailblazing model bringing together some of Canada's largest and most regulated organizations to build and govern the critical infrastructure needed to implement artificial intelligence (AI) safely, responsibly and at enterprise scale. Many of the core challenges large, regulated institutions face when imple
In the news release, Scotiabank Celebrates ScotiaRISE Partner St. Michael's Hospital for National Expansion of Vital Program, issued 24-Jun-2026 by Scotiabank over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end: Scotiabank Celebrates ScotiaRISE Partner St. Michael's Hospital for National Expansion of Vital Program Vital expands nationally, bringing accessible health data to improve Canada's healthcare systemTORONTO, June 24, 2026 /CNW/ - Scotiabank congratulates St. Michael's Hospital, Unity Health Toronto, and the GEMINI research team on their recent milestone announcement: its national hea
VITAL expands nationally, bringing accessible health data to improve Canada's healthcare systemTORONTO, June 24, 2026 /CNW/ - Scotiabank congratulates St. Michael's Hospital, Unity Health Toronto, and the GEMINI research team on their recent milestone announcement: its national health data platform – founded by St. Michael's Hospital physicians, Dr. Amol Verma and Dr. Fahad Razak – is a key pillar in Canada's new AI Strategy. The platform, called VITAL, will receive $100 million in federal funding to expand nationally. The AI-driven data platform is an expansion of the Hospital's Ontario-based program, GEMINI, which collects an
TORONTO, June 18, 2026 /CNW/ - Scotia Global Asset Management announced today the June 2026 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly or quarterly basis, as noted below. Unitholders of record on June 25, 2026, will receive a cash distribution payable on July 2, 2026, as noted below. Scotia ETF nameTicker symbol Cash distribution per unit ($)Distribution frequencyScotia Canadian Bond Index Tracker ETFSITB0.049MonthlyScotia Canadian Large Cap Equity Index Tracker ETFSITC0.228QuarterlyScotia Emerging Markets Equity Index Tracker ETFSITE0.356QuarterlyScotia International Equit
TORONTO, June 18, 2026 /CNW/ - Scotiabank is investing $2.5 million over five years in a renewed arrangement with Smith School of Business at Queen's University to help build Canada's AI-ready workforce through applied research and experiential learning. The investment made through ScotiaRISE, Scotiabank's 10-year, $500-million community investment initiative focused on building economic resilience, will provide ongoing multi-dimensional support to the Scotiabank Centre for Analytics & AI at Queen's Smith School of Business.Founded in 2016, the Scotiabank Centre for Analytics & AI brings together faculty, graduate students and
TORONTO, June 12, 2026 /CNW/ - Scotiabank announced today that it has made a proposal to acquire all of the shares of Scotia Group Jamaica Limited (SGJL) that it does not currently own and transition to a wholly-owned privately held entity. The proposed transaction is part of Scotiabank's strategy to optimize capital and operational efficiency across its existing footprint.In connection with the proposed transaction, SGJL announced that, based on the unanimous recommendation of a committee of independent directors of the board of directors of SGJL, it has entered into a definitive arrangement agreement with its majority shareho
TORONTO, June 11, 2026 /CNW/ - Scotia Global Asset Management announced today that Putnam Investment Management LLC will be appointed as sub-adviser for Scotia Wealth U.S. Large Cap Growth Pool and Cohen & Steers Inc. will be appointed as sub-adviser for Scotia Wealth Global Real Estate Pool. This change is effective on or around June 25, 2026. There will be no changes to the investment objectives of the funds as a result. For further information on ScotiaFunds, please visit scotiafunds.com.Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the prospectus
Expanded suite of AI tools designed to improve speed, collaboration, and client outcomes, and to support over 71,000 Scotiabank employees TORONTO, June 10, 2026 /CNW/ - Scotiabank today announced the next phase in its accelerated expansion of enterprise AI tools with the introduction of new capabilities through Scotia Intelligence, the Bank's unified approach to data and AI. Centred around the three core objectives of elevating client experience, delivering speed and efficiency, and enhancing risk management, the expanded suite of tools will help more teams apply AI in practical ways across their day-to-day work. Adoption of Sc
TORONTO, June 3, 2026 /CNW/ - The Medicus Pension Plan published its annual report today, Your Future. Our Commitment., reporting a robust funded status of 140% as of January 1, 2026, and a 13.7% investment return for 2025. Building on this strong performance, Medicus also delivered several other notable achievements in 2025 that reflect both its financial strength and continued focus on delivering value to members.For the fourth consecutive year, the plan provided members with 100% inflation protection, including a significant 4.7% increase for 2025. Participants in the 2025 buyback program saw an average increase of $20,000 in annual pension income and, further strengthening the plan's lon
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TORONTO, March 11, 2026 /CNW/ - Scotiabank's Notice of the 194th Annual and Special Meeting of Shareholders and Management Proxy Circular is now available at scotiabank.com/annualmeeting. The Management Proxy Circular contains key information regarding the Annual and Special Meeting of Shareholders and items of business, including the election of directors, the appointment of the bank's auditor, by-law amendments, an advisory vote on Scotiabank's approach to executive compensation and shareholder proposals.Scotiabank's Annual and Special Meeting of Shareholders is scheduled to b
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, May 30, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
TORONTO, March 7, 2025 /CNW/ - Scotiabank's Notice of the 193rd Annual Meeting of Shareholders and Management Proxy Circular is now available at scotiabank.com/annualmeeting. The Management Proxy Circular contains key information for shareholders regarding the Annual Meeting of Shareholders and items of business, including the election of directors, the appointment of the bank's auditor, an advisory vote on Scotiabank's approach to executive compensation and shareholder proposals. Scotiabank's Annual Meeting of Shareholders is scheduled to be held in-person in Halifax, Nova Sc
Veteran Employment Symposium at the Games highlights need to support post-service employment VANCOUVER, BC, Feb. 10, 2025 /CNW/ - February 10, 2025 – A growing list of Canadian businesses, currently totalling 11 organizations, has endorsed the Veteran Ready Canada Declaration to create a community of employers committed to supporting and expanding employment opportunities for Canada's military Veterans. The endorsement took place at the Veteran Employment Symposium hosted by True Patriot Love, Canada's foundation for the military community, as part of the Invictus Games Whistl
TORONTO, Nov. 15, 2024 /CNW/ - Scotiabank announced today the appointment of Steven Van Wyk to its Board of Directors, effective immediately. Mr. Van Wyk brings expansive experience to the Board, having served as former Group Chief Information Officer (CIO) of HSBC. Throughout his distinguished career, he has held several senior-level technology roles, including CIO of PNC Financial Services Group, Inc., and Global CIO of ING Groep N.V. Additionally, he held leadership positions at Morgan Stanley, including as CIO/Chief Operating Officer of its Individual Investor Group. "We are pleased to welcome Steven to Scotiabank's Board of Directors. Steven's extensive experience and proven leadership
Gillian Riley to Retire After 30+ year Career at Scotiabank TORONTO, Oct. 9, 2024 /CNW/ - Scotiabank today announced the planned retirement of Gillian Riley, President and CEO of Tangerine after a 31-year career with the Bank. Gillian will stay on as Strategic Advisor until December 31, 2024 and as Chair of the Board of Roynat Capital. Scotiabank also announced the appointment of Terri-Lee Weeks to the role of President and CEO, Tangerine, effective November 1, 2024. Gillian Riley joined Scotiabank in 1994 and has held senior executive positions in Commercial Banking, Small Bu
MONTREAL, Sept. 18, 2024 /CNW/ - Scotiabank today announced the appointment of Jean-François Courville to the newly-created role of President, Quebec, reporting directly to Aris Bogdaneris, Group Head, Canadian Banking. This critical role is designed to support the Bank's Grow Quebec strategy, including opportunities that span all of our Canadian Banking, Global Wealth Management, and Global Banking and Markets businesses. "With wide-ranging financial services experience at top tier wealth and asset management, retail banking and capital markets firms, deep knowledge of the bu
TORONTO, April 29, 2024 /PRNewswire/ - Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024. In this role, Mr. Machen will be responsible for leading the execution of a global banking business strategy that builds on Scotiabank's unique North American reach and GBM's strategic presence in Latin America, Europe and Asia Pacific. He will focus on expanding product offerings and earning more primary clients to deliver sustainable and profitable growth for the Bank's GBM business which provides corporate clients with lending and transaction services, investment banking advice and access to ca
TORONTO, Feb. 14, 2024 /CNW/ - Scotiabank announced today that Jake Lawrence, Chief Executive Officer and Group Head, Global Banking and Markets, has made the decision to leave the Bank to join Power Corporation of Canada. Mr. Lawrence joined Scotiabank in 2002, and has held progressively senior roles in Finance, Treasury and Global Banking and Markets, most recently leading the Bank's wholesale banking and capital markets business. "I would like to thank Jake for his significant contributions over his impressive 22-year career with Scotiabank and wish him every success as he
TORONTO, Dec. 15, 2023 /CNW/ - Today, many current and former Scotiabankers are mourning the passing of Peter Godsoe—visionary leader and former Chairman and Chief Executive Officer of Scotiabank from 1993 to 2003. "Today many Scotiabankers are remembering the great business leader, individual and family man that Peter Godsoe was," said Scott Thomson, President and Chief Executive Officer at Scotiabank. "Peter's incredible career at Scotiabank spanned almost four decades, as he worked his way up from a teller to Chairman and CEO, and those who worked with him fondly remember t
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TORONTO, May 27, 2026 /CNW/ - Scotiabank today announced a dividend of $1.14 per share, an increase of $0.04 per share on the outstanding common shares of the Bank. This dividend is payable on July 29, 2026, to shareholders of record at the close of business on July 7, 2026: Common SharesDividend No. 628 of $1.14 per share; an increase of 4 centsHolders may elect to receive their dividends in common shares of the Bank in lieu of cash dividends, in accordance with the Bank's Shareholder Dividend and Share Purchase Plan (the "Plan"). Under the Plan, the Bank determines whether the
All amounts are in Canadian dollars and are based on our unaudited Interim Condensed Consolidated Financial Statements for the quarter ended April 30, 2026 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), unless otherwise noted. Our complete Second Quarter 2026 Report to Shareholders, including our unaudited interim financial statements for the period ended April 30, 2026, can also be found on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC's website at www.sec.gov. Supplementary Financial Information is also available, together with the Second Quarter
TORONTO, April 29, 2026 /CNW/ - Scotiabank will announce its second quarter results on Wednesday, May 27, 2026. Scotiabank Results News ReleaseFinancial results will be issued in a press release at approximately 5:30 a.m. ET on Wednesday, May 27, 2026. The results will be available on Scotiabank's Investor Relations page at www.scotiabank.com/investorrelations.Scotiabank Results Conference CallThe conference call will take place on Wednesday, May 27, 2026, at 7:15 a.m. ET and is expected to last approximately one hour.Interested parties are invited to access the call live:Via te
TORONTO, May 1, 2026 /CNW/ - Scotia Global Asset Management (the "Manager") today announced a series of changes across the ScotiaFunds and Dynamic fund families. These changes include proposed fund mergers, new series launches, and fee reductions, subject to applicable regulatory and securityholder approvals. The proposed changes reflect an ongoing commitment to enhance investment offerings and streamline the product shelf.ScotiaFunds - Proposed Fund MergersSubject to obtaining securityholder approval, the Manager proposes that each of the following mutual funds (each, a "Termin
TORONTO, April 29, 2026 /CNW/ - Scotiabank will announce its second quarter results on Wednesday, May 27, 2026. Scotiabank Results News ReleaseFinancial results will be issued in a press release at approximately 5:30 a.m. ET on Wednesday, May 27, 2026. The results will be available on Scotiabank's Investor Relations page at www.scotiabank.com/investorrelations.Scotiabank Results Conference CallThe conference call will take place on Wednesday, May 27, 2026, at 7:15 a.m. ET and is expected to last approximately one hour.Interested parties are invited to access the call live:Via te
TORONTO, April 17, 2026 /CNW/ - Scotiabank announced today that the expected net income contribution from its ownership interest in KeyCorp will be approximately CAD $77 million in Q2 2026. This contribution represents the Bank's share of KeyCorp's Q1 2026 net income, includes acquisition-related and other accounting impacts, is net of the Bank's associated funding costs and is reported on a one-month lag. Adjusting for the amortization of acquired intangible assets of approximately CAD $8 million, the Bank's adjusted net income contribution from KeyCorp will be approximately CA
Scene+ members can get up to 10¢ per litre in value by paying with eligible linked Scotiabank or Tangerine payment cardsCALGARY, AB, March 3, 2026 /CNW/ - Launching today in Alberta, Shell Canada (Shell), Scene+, Scotiabank and Tangerine make it easy for Albertans to combine instant savings and Scene+ rewards on their fuel purchases at Shell locations across the province. Customers who pay with an eligible Scotiabank or Tangerine payment card linked to a Shell Go+ account can now unlock up to 10¢ per litre in total value – with no minimum spend required. Scotiabank and Tangerine cardholders can link their eligible payment card to Shell Go+ for instant savings at the pump. Cardholders can al
TORONTO, Feb. 24, 2026 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank, payable April 28, 2026, to shareholders of record at the close of business on April 7, 2026: Common SharesDividend No. 627 of $1.10 per shareHolders may elect to receive their dividends in common shares of the Bank in lieu of cash dividends, in accordance with the Bank's Shareholder Dividend and Share Purchase Plan (the "Plan"). Under the Plan, the Bank determines whether the additional common shares will be purchased on the open market or issued by the Bank from treasury.
All amounts are in Canadian dollars and are based on our unaudited Interim Condensed Consolidated Financial Statements for the quarter ended January 31, 2026 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), unless otherwise noted. Our complete First Quarter 2026 Report to Shareholders, including our unaudited interim financial statements for the period ended January 31, 2026, can also be found on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC's website at www.sec.gov. Supplementary Financial Information is also available, together with the First Quarte
TORONTO, Jan. 30, 2026 /CNW/ - Scotiabank will announce its first quarter results on Tuesday, February 24, 2026. Scotiabank Results News ReleaseFinancial results will be issued in a press release at approximately 6:15 a.m. ET on Tuesday, February 24, 2026. The results will be available on Scotiabank's Investor Relations page at www.scotiabank.com/investorrelations.Scotiabank Results Conference CallThe conference call will take place on Tuesday, February 24, 2026, at 8:00 a.m. ET and is expected to last approximately one hour.Interested parties are invited to access the call live
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