Bank of Nova Scotia Story

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BNS -- USA Stock  

USD 40.62  0.36  0.88%

Bank of Nova Scotia Price to Sales Ratio is relatively stable at the moment as compared to the past year. Bank of Nova Scotia reported last year Price to Sales Ratio of 2.67. As of 08/25/2020, Return on Average Assets is likely to grow to 0.009737, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 12.4 B. While some of us are becoming more passionate about financial services space, it makes sense to sum up Bank Nova Scotia in greater detail. We will cover the possibilities of making Bank of Nova Scotia into a steady grower in September. Here I will also expose some primary fundamental factors affecting Bank of Nova Scotia's services, and outline how it will impact the outlook for investors this year.
Published over three weeks ago
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What are the odds of Bank of Nova Scotia to fall in September?
The entity reported the last year's revenue of 19.67 B. Total Income to common stockholders was 6.29 B with profit before taxes, overhead, and interest of 28.01 B. The company has Net Profit Margin of 27.87 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large.

And What about dividends?

A dividend is the distribution of a portion of Bank of Nova Scotia earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Bank of Nova Scotia dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Bank of Nova Scotia one year expected dividend income is about $2.49 per share.
As of 09/23/2020, Preferred Dividends Income Statement Impact is likely to drop to about 160.5 M. In addition to that, Payment of Dividends and Other Cash Distributions is likely to drop to about (4.3 B).
Last ReportedProjected for 2020
Preferred Dividends Income Statement Impact163.8 M160.5 M
Payment of Dividends and Other Cash Distributions-4 B-4.3 B
Dividend Yield 0.08  0.07 
Dividends per Basic Common Share 4.52  3.80 
Investing in dividend-paying stocks, such as Bank Nova Scotia is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Bank of Nova Scotia must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Bank of Nova Scotia. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Bank of Nova Scotia's Liquidity

Bank of Nova Scotia financial leverage refers to using borrowed capital as a funding source to finance Bank Nova Scotia ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bank of Nova Scotia financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Bank of Nova Scotia's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Bank of Nova Scotia, but it might be worth checking our own buy vs. sell analysis

What did Bank of Nova Scotia file with SEC?

The SEC filings are financial statements or other formal documents of Bank Nova Scotia that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Bank of Nova Scotia shareholders may or may not be submitted as SEC does not always require it.
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Bank of Nova Scotia shareholders may or may not be submitted as SEC does not always require it.

Breaking down Bank of Nova Scotia Indicators

Bank of Nova Scotia retains a total of 1.21 Billion outstanding shares. Over half of Bank of Nova Scotia outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Bank of Nova Scotia. Please watch out for any change in the institutional holdings of Bank of Nova Scotia as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Breakdown

Retail Investors
45.61%
Institutions
54.37%
Retail Investors45.61
Insiders0.02
Institutions54.37

Bank of Nova Scotia showing record of lower volatility

The coefficient of variation is down to 1042.35 as of today. Bank Nova Scotia has relatively low volatility with skewness of 1.25 and kurtosis of 7.12. However, we advise all investors to independently investigate Bank Nova Scotia to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Conclusion on Bank of Nova Scotia

When is the right time to buy or sell Bank Nova Scotia? Buying stocks such as Bank of Nova Scotia isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Bank of Nova Scotia as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Bank of Nova Scotia.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Bank Nova Scotia. Please refer to our Terms of Use for any information regarding our disclosure principles.

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