Bank of Nova Scotia Gross Profit vs. Number Of Shares Shorted
| BNS Stock | USD 72.29 0.61 0.84% |
Gross Profit | First Reported 1996-01-31 | Previous Quarter 8.3 B | Current Value 8.5 B | Quarterly Volatility 6.3 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.87 | 0.51 |
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| Net Profit Margin | 0.091 | 0.0958 |
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| Operating Profit Margin | 0.13 | 0.14 |
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| Pretax Profit Margin | 0.12 | 0.13 |
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| Return On Assets | 0.0085 | 0.0061 |
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| Return On Equity | 0.15 | 0.1 |
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For Bank of Nova Scotia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bank of Nova Scotia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bank of Nova utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bank of Nova Scotia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bank of Nova over time as well as its relative position and ranking within its peers.
Check out Trending Equities. Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Nova Scotia. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Nova Scotia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.354 | Dividend Share 4.32 | Earnings Share 4.09 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Nova Scotia's value that differs from its market value or its book value, called intrinsic value, which is Bank of Nova Scotia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Nova Scotia's market value can be influenced by many factors that don't directly affect Bank of Nova Scotia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bank of Nova Scotia Number Of Shares Shorted vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bank of Nova Scotia's current stock value. Our valuation model uses many indicators to compare Bank of Nova Scotia value to that of its competitors to determine the firm's financial worth. Bank of Nova is rated fifth in gross profit category among its peers. It is rated third in number of shares shorted category among its peers . The ratio of Gross Profit to Number Of Shares Shorted for Bank of Nova is about 2,294 . At this time, Bank of Nova Scotia's Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bank of Nova Scotia by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Bank Number Of Shares Shorted vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Bank of Nova Scotia |
| = | 31.64 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Bank of Nova Scotia |
| = | 13.79 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Bank Number Of Shares Shorted Comparison
Bank of Nova Scotia is currently under evaluation in number of shares shorted category among its peers.
Bank of Nova Scotia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bank of Nova Scotia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bank of Nova Scotia will eventually generate negative long term returns. The profitability progress is the general direction of Bank of Nova Scotia's change in net profit over the period of time. It can combine multiple indicators of Bank of Nova Scotia, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.7 B | -3.5 B | |
| Operating Income | 10.4 B | 14 B | |
| Income Before Tax | 10.4 B | 7.1 B | |
| Total Other Income Expense Net | -3.7 B | -3.9 B | |
| Net Income | 6.1 B | 5.7 B | |
| Income Tax Expense | 4.2 B | 4.4 B | |
| Net Income From Continuing Ops | 6.2 B | 4 B | |
| Net Income Applicable To Common Shares | 5.6 B | 5.8 B | |
| Net Interest Income | 24.8 B | 18.7 B | |
| Interest Income | 66.2 B | 39.2 B | |
| Change To Netincome | 4.5 B | 4.8 B | |
| Net Income Per Share | 5.64 | 3.46 | |
| Income Quality | 1.22 | 1.28 | |
| Net Income Per E B T | 0.67 | 0.59 |
Bank Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bank of Nova Scotia. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bank of Nova Scotia position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bank of Nova Scotia's important profitability drivers and their relationship over time.
Bank of Nova Scotia Earnings Estimation Breakdown
The calculation of Bank of Nova Scotia's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Bank of Nova Scotia is estimated to be 1.95 with the future projection ranging from a low of 1.9 to a high of 2.042. Please be aware that this consensus of annual earnings estimates for Bank of Nova is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.90 Lowest | Expected EPS | 2.04 Highest |
Bank of Nova Scotia Earnings Projection Consensus
Suppose the current estimates of Bank of Nova Scotia's value are higher than the current market price of the Bank of Nova Scotia stock. In this case, investors may conclude that Bank of Nova Scotia is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Bank of Nova Scotia's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of January 2026 | Current EPS (TTM) | |
| 15 | 93.89% | 1.93 | 1.95 | 4.09 |
Bank of Nova Scotia Earnings per Share Projection vs Actual
Actual Earning per Share of Bank of Nova Scotia refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Bank of Nova predict the company's earnings will be in the future. The higher the earnings per share of Bank of Nova Scotia, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Bank of Nova Scotia Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Bank of Nova Scotia, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Bank of Nova Scotia should always be considered in relation to other companies to make a more educated investment decision.Bank Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Bank of Nova Scotia's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-12-02 | 2025-10-31 | 1.82 | 1.93 | 0.11 | 6 | ||
2025-08-26 | 2025-07-31 | 1.72 | 1.84 | 0.12 | 6 | ||
2025-05-27 | 2025-04-30 | 1.57 | 1.52 | -0.05 | 3 | ||
2025-02-25 | 2025-01-31 | 1.67 | 1.76 | 0.09 | 5 | ||
2024-12-03 | 2024-10-31 | 1.6 | 1.57 | -0.03 | 1 | ||
2024-08-27 | 2024-07-31 | 1.62 | 1.63 | 0.01 | 0 | ||
2024-05-28 | 2024-04-30 | 1.56 | 1.58 | 0.02 | 1 | ||
2024-02-27 | 2024-01-31 | 1.61 | 1.69 | 0.08 | 4 | ||
2023-11-28 | 2023-10-31 | 1.65 | 1.26 | -0.39 | 23 | ||
2023-08-29 | 2023-07-31 | 1.73 | 1.73 | 0.0 | 0 | ||
2023-05-24 | 2023-04-30 | 1.78 | 1.7 | -0.08 | 4 | ||
2023-02-28 | 2023-01-31 | 2.03 | 1.85 | -0.18 | 8 | ||
2022-11-29 | 2022-10-31 | 1.99 | 2.06 | 0.07 | 3 | ||
2022-08-23 | 2022-07-31 | 2.11 | 2.1 | -0.01 | 0 | ||
2022-05-25 | 2022-04-30 | 1.95 | 2.18 | 0.23 | 11 | ||
2022-03-01 | 2022-01-31 | 2.04 | 2.15 | 0.11 | 5 | ||
2021-11-30 | 2021-10-31 | 1.91 | 2.1 | 0.19 | 9 | ||
2021-08-24 | 2021-07-31 | 1.9 | 2.01 | 0.11 | 5 | ||
2021-06-01 | 2021-04-30 | 1.76 | 1.9 | 0.14 | 7 | ||
2021-02-23 | 2021-01-31 | 1.57 | 1.88 | 0.31 | 19 | ||
2020-12-01 | 2020-10-31 | 1.24 | 1.45 | 0.21 | 16 | ||
2020-08-25 | 2020-07-31 | 1.11 | 1.04 | -0.07 | 6 | ||
2020-05-26 | 2020-04-30 | 0.99 | 1.04 | 0.05 | 5 | ||
2020-02-25 | 2020-01-31 | 1.75 | 1.83 | 0.08 | 4 | ||
2019-11-26 | 2019-10-31 | 1.82 | 1.82 | 0.0 | 0 | ||
2019-08-27 | 2019-07-31 | 1.84 | 1.88 | 0.04 | 2 | ||
2019-05-28 | 2019-04-30 | 1.75 | 1.7 | -0.05 | 2 | ||
2019-02-26 | 2019-01-31 | 1.82 | 1.75 | -0.07 | 3 | ||
2018-11-27 | 2018-10-31 | 1.78 | 1.77 | -0.01 | 0 | ||
2018-08-28 | 2018-07-31 | 1.76 | 1.76 | 0.0 | 0 | ||
2018-05-29 | 2018-04-30 | 1.68 | 1.71 | 0.03 | 1 | ||
2018-02-27 | 2018-01-31 | 1.68 | 1.75 | 0.07 | 4 | ||
2017-11-28 | 2017-10-31 | 1.66 | 1.65 | -0.01 | 0 | ||
2017-08-29 | 2017-07-31 | 1.65 | 1.68 | 0.03 | 1 | ||
2017-05-30 | 2017-04-30 | 1.56 | 1.63 | 0.07 | 4 | ||
2017-02-28 | 2017-01-31 | 1.57 | 1.58 | 0.01 | 0 | ||
2016-11-29 | 2016-10-31 | 1.52 | 1.58 | 0.06 | 3 | ||
2016-08-30 | 2016-07-31 | 1.48 | 1.55 | 0.07 | 4 | ||
2016-05-31 | 2016-04-30 | 1.43 | 1.4 | -0.03 | 2 | ||
2016-03-01 | 2016-01-31 | 1.42 | 1.44 | 0.02 | 1 | ||
2015-12-01 | 2015-10-31 | 1.43 | 1.46 | 0.03 | 2 | ||
2015-08-28 | 2015-07-31 | 1.46 | 1.47 | 0.01 | 0 | ||
2015-05-29 | 2015-04-30 | 1.41 | 1.43 | 0.02 | 1 | ||
2015-03-03 | 2015-01-31 | 1.4 | 1.36 | -0.04 | 2 | ||
2014-12-05 | 2014-10-31 | 1.4 | 1.11 | -0.29 | 20 | ||
2014-08-26 | 2014-07-31 | 1.43 | 1.86 | 0.43 | 30 | ||
2014-05-27 | 2014-04-30 | 1.32 | 1.4 | 0.08 | 6 | ||
2014-03-04 | 2014-01-31 | 1.39 | 1.34 | -0.05 | 3 | ||
2013-12-06 | 2013-10-31 | 1.31 | 1.31 | 0.0 | 0 | ||
2013-08-27 | 2013-07-31 | 1.32 | 1.32 | 0.0 | 0 | ||
2013-05-28 | 2013-04-30 | 1.27 | 1.24 | -0.03 | 2 | ||
2013-03-05 | 2013-01-31 | 1.28 | 1.27 | -0.01 | 0 | ||
2012-12-07 | 2012-10-31 | 1.19 | 1.21 | 0.02 | 1 | ||
2012-08-28 | 2012-07-31 | 1.2 | 1.23 | 0.03 | 2 | ||
2012-05-29 | 2012-04-30 | 1.17 | 1.18 | 0.01 | 0 | ||
2012-03-06 | 2012-01-31 | 1.14 | 1.23 | 0.09 | 7 | ||
2011-12-02 | 2011-10-31 | 1.13 | 1.1 | -0.03 | 2 | ||
2011-08-30 | 2011-07-31 | 1.11 | 1.14 | 0.03 | 2 | ||
2011-05-31 | 2011-04-30 | 1.09 | 1.38 | 0.29 | 26 | ||
2011-03-08 | 2011-01-31 | 1.05 | 1.09 | 0.04 | 3 | ||
2010-12-03 | 2010-10-31 | 0.97 | 1.02 | 0.05 | 5 | ||
2010-08-31 | 2010-07-31 | 0.96 | 0.99 | 0.03 | 3 | ||
2010-06-01 | 2010-04-30 | 0.96 | 1.04 | 0.08 | 8 | ||
2010-03-09 | 2010-01-31 | 0.81 | 0.93 | 0.12 | 14 | ||
2009-12-08 | 2009-10-31 | 0.87 | 0.83 | -0.04 | 4 | ||
2009-08-28 | 2009-07-31 | 0.83 | 0.88 | 0.05 | 6 | ||
2009-05-28 | 2009-04-30 | 0.79 | 0.9 | 0.11 | 13 | ||
2009-03-03 | 2009-01-31 | 0.89 | 0.9 | 0.01 | 1 | ||
2008-12-02 | 2008-10-31 | 0.74 | 0.86 | 0.12 | 16 | ||
2008-08-26 | 2008-07-31 | 0.95 | 0.98 | 0.03 | 3 | ||
2008-05-27 | 2008-04-30 | 0.97 | 0.97 | 0.0 | 0 | ||
2008-03-04 | 2008-01-31 | 1 | 1.01 | 0.01 | 1 | ||
2007-12-06 | 2007-10-31 | 0.99 | 0.95 | -0.04 | 4 | ||
2007-08-28 | 2007-07-31 | 0.95 | 0.96 | 0.01 | 1 | ||
2007-05-29 | 2007-04-30 | 0.87 | 0.89 | 0.02 | 2 | ||
2007-03-06 | 2007-01-31 | 0.94 | 1.02 | 0.08 | 8 | ||
2006-12-08 | 2006-10-31 | 0.78 | 0.86 | 0.08 | 10 | ||
2006-08-29 | 2006-07-31 | 0.79 | 0.79 | 0.0 | 0 | ||
2006-05-29 | 2006-04-30 | 0.74 | 0.77 | 0.03 | 4 | ||
2006-03-13 | 2006-01-31 | 0.83 | 0.85 | 0.02 | 2 | ||
2005-11-29 | 2005-10-31 | 0.79 | 0.8 | 0.01 | 1 | ||
2005-08-30 | 2005-07-31 | 0.77 | 0.77 | 0.0 | 0 | ||
2005-05-31 | 2005-04-30 | 0.75 | 0.76 | 0.01 | 1 | ||
2005-03-01 | 2005-01-31 | 0.59 | 0.64 | 0.05 | 8 | ||
2004-11-30 | 2004-10-31 | 0.6 | 0.51 | -0.09 | 15 | ||
2004-08-31 | 2004-07-31 | 0.69 | 0.69 | 0.0 | 0 | ||
2004-06-01 | 2004-04-30 | 0.68 | 0.68 | 0.0 | 0 | ||
2004-03-02 | 2004-01-31 | 0.64 | 0.65 | 0.01 | 1 | ||
2003-12-02 | 2003-10-31 | 0.62 | 0.64 | 0.02 | 3 | ||
2003-08-26 | 2003-07-31 | 0.6 | 0.61 | 0.01 | 1 | ||
2003-05-27 | 2003-04-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2003-03-04 | 2003-01-31 | 0.55 | 0.56 | 0.01 | 1 | ||
2002-12-03 | 2002-10-31 | 0.51 | 0.55 | 0.04 | 7 | ||
2002-08-27 | 2002-07-31 | 0.53 | 0.53 | 0.0 | 0 | ||
2002-05-28 | 2002-04-30 | 0.53 | 0.56 | 0.03 | 5 | ||
2002-03-05 | 2002-01-31 | 0.52 | 0.56 | 0.04 | 7 | ||
2001-12-05 | 2001-10-31 | 0.51 | 0.53 | 0.02 | 3 | ||
2001-08-28 | 2001-07-31 | 0.51 | 0.52 | 0.01 | 1 | ||
2001-05-29 | 2001-04-30 | 0.48 | 0.51 | 0.03 | 6 | ||
2001-03-06 | 2001-01-31 | 0.47 | 0.48 | 0.01 | 2 | ||
2000-12-06 | 2000-10-31 | 0.45 | 0.47 | 0.02 | 4 | ||
2000-08-29 | 2000-07-31 | 0.43 | 0.43 | 0.0 | 0 | ||
2000-06-01 | 2000-04-30 | 0.4 | 0.44 | 0.04 | 10 | ||
2000-02-29 | 2000-01-31 | 0.39 | 0.4 | 0.01 | 2 | ||
1999-11-30 | 1999-10-31 | 0.38 | 0.38 | 0.0 | 0 | ||
1999-08-31 | 1999-07-31 | 0.38 | 0.38 | 0.0 | 0 | ||
1999-05-26 | 1999-04-30 | 0.36 | 0.37 | 0.01 | 2 | ||
1999-03-02 | 1999-01-31 | 0.34 | 0.35 | 0.01 | 2 | ||
1998-12-02 | 1998-10-31 | 0.32 | 0.34 | 0.02 | 6 | ||
1998-08-25 | 1998-07-31 | 0.33 | 0.34 | 0.01 | 3 | ||
1998-05-26 | 1998-04-30 | 0.32 | 0.33 | 0.01 | 3 | ||
1998-02-24 | 1998-01-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1997-11-26 | 1997-10-31 | 0.31 | 0.31 | 0.0 | 0 | ||
1997-08-26 | 1997-07-31 | 0.3 | 0.3 | 0.0 | 0 | ||
1997-05-27 | 1997-04-30 | 0.29 | 0.29 | 0.0 | 0 | ||
1997-02-25 | 1997-01-31 | 0.28 | 0.28 | 0.0 | 0 | ||
1996-11-27 | 1996-10-31 | 0.26 | 0.27 | 0.01 | 3 | ||
1996-08-27 | 1996-07-31 | 0.25 | 0.26 | 0.01 | 4 | ||
1996-05-28 | 1996-04-30 | 0.23 | 0.25 | 0.02 | 8 | ||
1996-02-27 | 1996-01-31 | 0.24 | 0.24 | 0.0 | 0 | ||
1995-11-28 | 1995-10-31 | 0.22 | 0.22 | 0.0 | 0 |
Use Bank of Nova Scotia in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.Bank of Nova Scotia Pair Trading
Bank of Nova Pair Trading Analysis
The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Nova to buy it.
The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Bank of Nova Scotia position
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Additional Tools for Bank Stock Analysis
When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.