BNS.TO Bank of Nova Scotia (TSX) C$102.82 pre-market Jan 09 2026: upside to C$125
BNS.TO stock opened pre-market at C$102.82 on Jan 09 2026 after a 2.97% intraday rise and 10,678,019 shares traded so far. The Bank of Nova Scotia (BNS.TO) is trading near its year high of C$103.10, supported by a PE of 17.82 and a dividend yield of 4.32%. Early trading reflects renewed interest from income and value investors as 50-day and 200-day averages sit at C$96.92 and C$82.11 respectively, giving technical and fundamental reasons to watch the stock in the pre-market session.
BNS.TO stock price action and market context
The stock trades on the TSX in Canada at C$102.82 with today’s pre-market range between C$101.86 and C$103.10. Volume of 10,678,019 is more than double the 50-day average of 4,648,222, marking it among the most active TSX names this session.
From a broader market view, Canadian financials are outperforming the TSX today, and Scotiabank’s international footprint is drawing flows into large-cap banks. That mix explains why price momentum has pushed BNS.TO to trade above its 50-day average.
BNS.TO stock fundamentals and valuation
Scotiabank shows core strength: market cap CAD 125.56B, EPS 5.67, and PE 17.82, with price-to-book near 1.44. Trailing free cash flow yields are robust near 15.19%, while payout ratio sits about 75.43%, supporting the current C$4.36 annual dividend per share.
Balance-sheet metrics show leverage: debt-to-equity of 2.72 and enterprise value of CAD 296.25B. Investors should weigh dividend income and cash-flow yields against higher leverage and lower interest-coverage ratios when assessing long-term value.
Meyka grade and forecast for BNS.TO stock
Meyka AI rates BNS.TO with a score out of 100: 78.90 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a 3-year price of C$125.85, vs the current C$102.82, implying +22.40% upside. Forecasts are model-based projections and not guarantees. These grades are not guaranteed and we are not financial advisors.
Technicals and trading indicators for BNS.TO stock
Technical indicators show a constructive bias: RSI 58.69, ADX 40.61 (strong trend), MACD histogram slightly negative but momentum positive over recent weeks. Bollinger band middle at C$100.50 suggests current price is above the short-term mean.
Short-term support is around C$100.50 (Bollinger middle) and C$98.52 (lower band). Resistance sits at the year high C$103.10. Traders using momentum and volatility metrics will note ATR 1.28 and MFI 58.61, indicating sustained interest without extreme overbought signals.
Catalysts, earnings schedule and analyst updates
Key near-term catalyst is the next earnings announcement scheduled for Feb 24, 2026. Management presentations, including a recent RBC Capital Markets session, provide incremental clarity on international growth and cost trends source.
Recent analyst commentary shows mixed targets; MarketBeat lists a current price target of C$93.85, reflecting some conservative estimates and near-term risk source. Watch earnings and regional performance in Latin America for directional guidance.
Risks and opportunities in BNS.TO stock
Opportunities include dividend income (4.32% yield), strong free cash flow, and an improving three- to five-year revenue growth profile in international markets. Long-term forecasts show upside to C$150.88 in five years according to the model.
Risks include high debt-to-equity (2.72), interest coverage constraints, and geopolitical or FX headwinds in Latin American operations. Narrow margins in some international markets could pressure near-term earnings.
Final Thoughts
BNS.TO stock is trading in the pre-market at C$102.82 on Jan 09 2026 with above-average volume and momentum near its year high. Fundamentals support a defensive income position: PE 17.82, dividend yield 4.32%, and strong free cash flow yield. Technicals are constructive, with RSI 58.69 and ADX 40.61 suggesting a sustained trend. Meyka AI’s forecast model projects a 3-year target of C$125.85, implying +22.40% upside from today’s price; this complements our B+ grade but does not guarantee outcomes. Near-term volatility will hinge on the Feb 24, 2026 earnings release and regional execution. Investors seeking income with moderate growth exposure should balance the attractive yield against leverage and geopolitical risk. Meyka AI, an AI-powered market analysis platform, flags BNS.TO as one of the most active TSX names to watch in pre-market trading given liquidity and clear catalyst timing.
FAQs
What is the current price and yield for BNS.TO stock?
BNS.TO stock trades at C$102.82 in the pre-market with an annual dividend of C$4.36, implying a yield near 4.32% based on current price. Yield varies with price and company policy.
When is the next BNS.TO earnings report and why it matters?
Scotiabank’s next earnings announcement is scheduled for Feb 24, 2026. The report matters because it will update guidance, international unit performance, and capital metrics that can move the stock significantly.
What target does Meyka AI forecast for BNS.TO stock?
Meyka AI’s forecast model projects a 3-year price of C$125.85, implying about +22.40% upside from the current C$102.82. Forecasts are model-based projections and not guarantees.
What are the main risks for BNS.TO stock investors?
Primary risks include high debt-to-equity (2.72), interest-coverage constraints, and regional FX and political risks in Latin America. Dividend sustainability depends on earnings and capital ratios.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
