BNS
The Bank of Nova Scotia · Financials · Banks - Diversified
Last
$75.76
−$1.01 (−1.32%) 4:00 PM ET
After hours $75.75 −$0.01 (−0.01%) 8:42 PM ET
Prev close $76.77
Open $76.71
Day high $76.83
Day low $75.37
Volume 2,737,322
Avg vol 1,862,623
Mkt cap
$93.65B
Sector
Financials
AI report sections
BNS
The Bank of Nova Scotia
The share price is trading near the top of its 52-week range with firm upward momentum over the past 6 months and multiple bullish technical signals. At the same time, momentum and trend indicators are approaching levels where overextension risk can increase, suggesting sensitivity to pullbacks. The balance sheet shows substantial assets and equity relative to long-term debt, while short interest metrics indicate moderate positioning against the stock with a non-trivial days-to-cover figure.
AI summarized at 11:07 AM ET, 2026-02-09
AI summary scores
INTRADAY: 72 SWING: 78 LONG: 69
Volume vs average
Intraday (cumulative)
+72% (Above avg)
Vol/Avg: 1.72×
RSI
56.90 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.00 (Weak)
MACD: 0.03 Signal: 0.03
Short-Term
-0.13 (Weak)
MACD: 0.54 Signal: 0.67
Long-Term
-0.12 (Weak)
MACD: 1.39 Signal: 1.51
Intraday trend score 65.92

Latest news

BNS 12 articles Positive: 3 Neutral: 9 Negative: 0
Neutral Benzinga • Prnewswire
BROMPTON SPLIT BANC CORP. ANNOUNCES PREFERRED SHARE OFFERING

Brompton Split Banc Corp. announced a treasury offering of preferred shares priced at $10.40 per share to yield 6.0%, with a sales period ending February 27, 2026 and expected closing on March 6, 2026. The preferred shares offer fixed quarterly distributions of $0.15625 per share and approximately 55% downside protection based on the fund's portfolio of Canada's six largest banks.

RY BNS TD CM preferred share offering treasury offering dividend yield Canadian banks
Sentiment note

Mentioned as one of six largest Canadian banks in the fund's portfolio. No specific news or developments disclosed; included as a portfolio holding.

Positive Benzinga • Prnewswire
Scotiabank Announces Dividend on Outstanding Shares

Scotiabank announced a quarterly dividend of $1.10 per common share (Dividend No. 627), payable on April 28, 2026, to shareholders of record as of April 7, 2026. Shareholders may elect to receive dividends in common shares through the Bank's Shareholder Dividend and Share Purchase Plan, with share purchases made on the secondary market by Computershare Trust Company of Canada.

BNS dividend announcement common shares shareholder returns dividend reinvestment plan secondary market purchases
Sentiment note

The announcement of a consistent dividend payment demonstrates the bank's financial stability and commitment to returning capital to shareholders. The dividend of $1.10 per share indicates ongoing profitability and shareholder confidence, which is a positive signal for investors.

Neutral GlobeNewswire Inc. • Na
Dividend Select Corp. Declares Monthly Dividend

Dividend Select 15 Corp. announced its monthly distribution of $0.06133 per Equity share, payable March 10, 2026 to shareholders of record as of February 27, 2026. The distribution is based on a 10% annualized yield calculated using the volume-weighted average market price (VWAP) of $7.36 over the last three trading days of February. Since inception, shareholders have received cumulative distributions of $11.57 per share.

BERZ BMO BNKD BNKU monthly distribution dividend yield VWAP Canadian dividend stocks
Sentiment note

Listed as one of 15 portfolio holdings in a dividend-focused fund; no specific performance or news provided in the article.

Neutral Benzinga • Globe Newswire
Brompton Split Banc Corp. Announces Class A Share Split and an Increase to Total Distributions

Brompton Split Banc Corp. announced a 20% stock split of its Class A shares, with shareholders receiving 20 additional shares for every 100 held. The Fund will maintain monthly distributions at $0.10 per share post-split, resulting in a ~20% increase in total distribution dollars. The announcement reflects strong 10-year performance with 20.3% annualized returns, outperforming major Canadian bank and composite indices.

RY BNS TD CM stock split share split distributions Canadian banks
Sentiment note

Mentioned as one of six Canadian banks in the Fund's portfolio on an equal-weight basis. No specific performance or news related to the bank itself is provided.

Positive Benzinga • Globe Newswire
Dividend 15 Split Corp. Completes Overnight Offering of $142,642,500

Dividend 15 Split Corp. successfully completed an overnight offering of Preferred Shares (TSX: DFN) raising $142.6 million in gross proceeds. The Preferred Shares will trade on the Toronto Stock Exchange under symbol DFN.PR.A and will provide holders with fixed 7.00% annual cumulative preferential monthly cash dividends. Net proceeds will be invested in a portfolio of high-quality Canadian dividend-yielding companies.

BERZ BMO BNKD BNKU preferred shares offering dividend yield Canadian equities capital raise
Sentiment note

Included in high-quality dividend portfolio selection.

Neutral GlobeNewswire Inc. • Na
Premium Income Corporation Announces Overnight Offering of Preferred Shares

Premium Income Corporation is undertaking an overnight treasury offering of Preferred Shares at $16.20 per share, closing on January 29, 2026. The Preferred Shares pay fixed monthly distributions of $0.10625 ($1.275 per annum) representing an 8.50% yield. The Fund invests in Canadian bank common shares and employs covered call and put option strategies to generate additional returns.

BERZ BMO BNKD BNKU preferred shares offering treasury offering fixed distributions covered call options
Sentiment note

Mentioned as a portfolio holding of the Fund. No specific news or developments regarding the bank itself; it is simply part of the investment portfolio composition.

Neutral GlobeNewswire Inc. • Na
Grupo Aeroportuario del Pacifico Announces Refinancing of Bank Debt for USD$95.5 Million

GAP successfully refinanced a USD$95.5 million bank loan that matured on January 20, 2026, with The Bank of Nova Scotia for a twelve-month term at 1-month SOFR plus 50 basis points. The new loan matures on January 19, 2027, with an early repayment option.

BNS PAC refinancing bank loan debt management SOFR liquidity airport operations
Sentiment note

The bank is providing routine commercial financing services. This represents normal banking operations with no indication of exceptional business development or concerns.

Neutral GlobeNewswire Inc. • Na
Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share

Canadian Banc Corp. announced its monthly distribution of $0.18413 per Class A share and $0.04958 per Preferred share, payable February 10, 2026. The Class A dividend maintains a stable 15% annualized yield based on VWAP. The company also completed an overnight offering of $103.2 million in Preferred Shares.

BERZ BMO BNKD BNKU monthly distribution dividend Class A shares Preferred shares
Sentiment note

Mentioned as part of Canadian Banc Corp.'s diversified portfolio of six Canadian banks. No specific performance or news related to this bank is provided.

Neutral Benzinga • Globe Newswire
Dividend 15 Split Corp. Announces Overnight Offering of Preferred Shares

Dividend 15 Split Corp. announced an overnight offering of Preferred Shares (TSX:DFN) at $10.45 per share, led by National Bank Financial Inc. The offering is expected to close on January 23, 2026. The net proceeds will be invested in a portfolio of 13 high-quality Canadian dividend-yielding companies. The Preferred Shares offer fixed cumulative monthly dividends of 7.00% annually with a termination date of December 1, 2029.

BERZ BMO BNKD BNKU preferred shares offering dividend yield Canadian equities fixed income
Sentiment note

Included in portfolio selection; no specific company news or sentiment drivers mentioned.

Positive GlobeNewswire Inc. • Canadian Council For Indigenous Business (Ccib)
Groundbreaking Leader Receives Indigenous Business Lifetime Achievement Award

Sean Willy, CEO of Des Nedhe Group and member of Deninu Kue First Nation, has been named recipient of the Indigenous Business Lifetime Achievement Award by CCIB. The award recognizes his nearly 30 years of advancing Indigenous economic inclusion and leadership in Canada's resource sector. Willy serves on the boards of TELUS and the Nuclear Waste Management Organization, and will receive the award at CCIB's Central Business Forum on February 26, 2026.

TU BNS Indigenous business economic development Indigenous economy corporate partnerships board leadership resource sector
Sentiment note

Scotiabank is the sponsor of the award and their executive Paul Scurfield provides a supportive testimonial about Sean Willy, positioning the bank as a committed partner in Indigenous business development and inclusive growth.

Neutral GlobeNewswire Inc. • Na
Life & Banc Split Corp. Renews At-the-Market Equity Program

Life & Banc Split Corp. has renewed its at-the-market (ATM) equity program, allowing it to issue up to $250 million in Class A and Preferred Shares through the TSX until February 2028. The fund invests in six major Canadian banks and four life insurance companies. Class A Shares have delivered 22.2% annualized returns over 10 years, while Preferred Shares offer 7.25% annual distributions with downside protection.

RY TD BERZ BMO at-the-market program equity distribution Canadian banks life insurance
Sentiment note

Mentioned as one of six major Canadian banks in the fund's portfolio. No specific news or performance data provided about the individual bank.

Neutral GlobeNewswire Inc. • Na
Colabor Group Inc. Obtains Creditor Protection Under CCAA and Announces the Appointments of Mr. Marc-Antoine Daoust as Chief Financial Officer and Mr. Yanick Blanchard as Chief Restructuring Officer

Colabor Group Inc., a food distributor serving HRI and retail markets in Quebec and Atlantic provinces, has obtained creditor protection under the Companies' Creditors Arrangement Act (CCAA). The Superior Court of Quebec approved debtor-in-possession financing from TD Bank, BMO, and Bank of Nova Scotia to fund operations and a sale and investment solicitation process. Marc-Antoine Daoust was appointed as Chief Financial Officer, while Yanick Blanchard transitions to Chief Restructuring Officer. Raymond Chabot Inc. was appointed as monitor.

TD BERZ BMO BNKD CCAA creditor protection restructuring debtor-in-possession financing
Sentiment note

Bank of Nova Scotia is participating in the DIP financing facility as part of a consortium, which is routine lending activity during corporate restructuring.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
Trade Ranks, LLC is not a registered investment adviser or broker-dealer. All rankings and AI reports are for informational and educational purposes only and are not personalized advice. Investing involves risk. Policy Portal