Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Canadian banking giant Bank of Nova Scotia (BNS +1.11%) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Scotiabank and see what CAPS investors are saying about the stock right now.
Scotiabank facts
|
Headquarters (founded) |
Halifax, Canada (1832) |
|
Market Cap |
$66.1 billion |
|
Industry |
Diversified banks |
|
Trailing-12-Month Revenue |
$19.3 billion |
|
Management |
CEO Richard Waugh |
|
Return on Capital (average, past 3 years) |
17.2% |
|
Dividend Yield |
4.3% |
|
Competitors |
CIBC |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 612 members who have rated Scotiabank believe the stock will outperform the S&P 500 going forward.
Just last week, one of those Fools, All-Star NCTad, succinctly summed up the Scotiabank bull case for our community:
[S]low and steady earner. Canadian banks tend to be a bit more conservative as well. [G]reat dividend to boot. [D]on't look for outperformance before the five year mark but should be a very long term winner.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
