BNS.TO, TOR

The Bank of Nova Scotia (BNS.TO)

Price (as of October 23)

64.85CAD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

AMAL

Amalgamated Financial Corp.

-0.09

AROW

Arrow Financial Corporation

-0.07

FHB

First Hawaiian, Inc.

-0.07

BAC

Bank of America Corporation

-0.06

WFC

Wells Fargo & Company

-0.06

PNC

The PNC Financial Services Group, Inc.

-0.06

BKU

BankUnited, Inc.

-0.06

TFC

Truist Financial Corporation

-0.06

BPRN

The Bank of Princeton

-0.05

JPM

JPMorgan Chase & Co.

-0.05

Show more

Highest within Industry

Symbol Correlation

TD.TO

The Toronto-Dominion Bank

0.81

RY.TO

Royal Bank of Canada

0.81

BMO.TO

Bank of Montreal

0.79

NU

Nu Holdings Ltd.

0.15

AVAL

Grupo Aval Acciones y Valores S.A.

0.14

FRMEP

First Merchants Corporation

0.13

AFBI

Affinity Bancshares, Inc.

0.1

FCNCO

First Citizens BancShares, Inc.

0.08

BCS

Barclays PLC

0.07

CLST

Catalyst Bancorp, Inc.

0.06

Show more

Profile

Sector:
Financial Services
Industry:
Banks

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 in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.