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NYSE: BNSBank of Nova Scotia (BNS) stock, explained like you're 5
Bank of Nova Scotia trades on the New York Stock Exchange under the ticker BNS. It is a large cap company in the major banks industry, part of the financial services sector, with a market value of about 108.5 billion dollars.
- Ticker
- BNS
- Exchange
- New York Stock Exchange
- Sector
- Financial Services
- Industry
- Major Banks
- Size
- Large cap, about 108.5 billion dollars
Is Bank of Nova Scotia a small, medium or large cap company?
Yes. Bank of Nova Scotia is a large cap stock. Its market cap, which is the total value of all its shares, is about 108.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Bank of Nova Scotia makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves BNS stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Bank of Nova Scotia (TSX:BNS) Raises $3b As Investors Weigh Whether Shares Look Fully Valued (Yahoo Finance)
- Bank of Nova Scotia stock rises Friday, outperforms market (MarketWatch)
- Bank of Nova Scotia (TSE:BNS) Stock Price Crosses Above 200 Day Moving Average Here's What Happened (MarketBeat)
- Scotiabank Confirms Validity of US$2.3 Billion Senior Notes in October 6 K Filing (The Globe and Mail)
- Bank of Nova Scotia stock rises Thursday, still underperforms market (MarketWatch)
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Questions about Bank of Nova Scotia stock
What does Bank of Nova Scotia do?
Bank of Nova Scotia trades on the New York Stock Exchange under the ticker BNS. It is a large cap company in the major banks industry, part of the financial services sector, with a market value of about 108.5 billion dollars.
What is the ticker symbol for Bank of Nova Scotia?
Bank of Nova Scotia trades under the ticker BNS on the New York Stock Exchange.
What is Bank of Nova Scotia's market cap?
Bank of Nova Scotia is a large cap stock with a market cap of about 108.5 billion dollars.
How does Bank of Nova Scotia make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves BNS stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow BNS stock every day?
Add BNS to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
