BNS — Bank of Nova Scotia

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BNS Bullish with a Setup Score of 0, net conviction 41, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBullish
Net Conviction41
Actionability0 (extended)

Key signals behind this score

About Bank of Nova Scotia

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 Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving account… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$87.59
Market Cap$105.52B
Float1.21B
Shares Outstanding1.23B
P/E (Forward)13.16
P/E (TTM)16.87
Price/Sales (TTM)3.08
vs. Analyst Target-6.9% to analyst PT
Profit Margin27.91%
Operating Margin (TTM)39.80%
Revenue (TTM)$34.22B
Earnings Growth (YoY)35.40%
Dividend Rate3.2%
Analyst Target Price$81.56 (15 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $31.29B $6.78B $31.29B $9.70B
2021 $30.91B $9.62B $30.91B $14.00B
2022 $31.15B $9.92B $31.15B $14.20B
2023 $31.79B $7.41B $31.79B $11.49B
2024 $29.48B $7.76B $29.56B $10.56B
2025 $73.18B $7.79B $32.38B $12.11B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jul 2025 $17.96B $2.45B
Oct 2025 $18.21B $2.22B
Jan 2026 $17.63B $2.29B
Apr 2026 $17.19B $2.60B

Ownership & Float

Insider Ownership0.0%
Institutional Ownership50.9%
Short Float0.6%
% of All Funds Holding5.82%
Number of Funds Holding478

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$82.52Near-term / short-term trend
Weekly40-Week SMA$74.22Medium-term trend
Weekly80-Week SMA$63.97Cyclical trend (business cycle)
Weekly200-Week SMA$55.01Secular trend (multi-year)
Monthly10-Month SMA$76.06Near-term monthly trend
Monthly20-Month SMA$65.20Medium-term monthly trend
Monthly40-Month SMA$56.88Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$80.00 support 1.33x 0 months ago
$70.00 support 1.50x 2 months ago
$47.00 support 1.45x 14 months ago

Historical Earnings Reactions (96 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.14% 0.16% 59.38% 2.69% -3.03%
1 Day 0.44% 0.36% 58.33% 4.20% -2.85%
1 Week 0.64% 0.59% 57.29% 8.22% -6.77%
2 Weeks 0.76% 1.32% 58.33% 10.75% -21.82%
1 Month 0.42% 0.98% 54.74% 14.42% -28.80%

Next earnings: August 25, 2026 (43 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.5%41.7%24
Feb1.5%66.7%24
Mar0.5%50.0%24
Apr1.9%54.2%24
May1.1%50.0%24
Jun0.8%58.3%24
Jul1.1%66.7%24
Aug0.1%37.5%24
Sep1.2%62.5%24
Oct-0.2%66.7%24
Nov1.8%58.3%24
Dec1.3%62.5%24

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 52.3% 1137
Tuesday 0.08% 53.0% 1245
Wednesday 0.09% 54.2% 1243
Thursday 0.03% 52.5% 1218
Friday -0.02% 51.5% 1213

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 50.9%

Insider Transactions — Smart Summary

Total insider ownership: 0.0%

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change-176,803
% of Float-0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
BANK OF NOVA SCOTIA -$4.1M 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-07 BANK OF NOVA SCOTIA -$4.1M Transaction at $23.18, now +277.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bank of Nova Scotia (BNS) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BNS on Trend Edge →