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The latest announcement is out from Bank Of Nova Scotia ( (TSE:BNS) ).
On February 2, 2026, The Bank of Nova Scotia filed a Form 6-K with the U.S. Securities and Exchange Commission to incorporate by reference into its existing shelf registration statement on Form F-3 the legal opinions and related consents supporting a new issuance of senior medium-term notes. The filing includes U.S. and Canadian legal opinions confirming that the bank’s recently issued US$2.75 billion of senior medium-term notes—comprising floating rate and fixed-to-floating rate tranches due in 2030 and 2034—constitute valid and binding obligations under the applicable indenture arrangements, thereby underpinning the bank’s access to U.S. term funding markets and supporting its capital and funding management strategy.
The most recent analyst rating on (TSE:BNS) stock is a Buy with a C$106.00 price target. To see the full list of analyst forecasts on Bank Of Nova Scotia stock, see the TSE:BNS Stock Forecast page.
Spark’s Take on TSE:BNS Stock
According to Spark, TipRanks’ AI Analyst, TSE:BNS is a Outperform.
The Bank of Nova Scotia’s stock is rated positively due to strong financial performance and strategic execution, as highlighted in the earnings call. Technical indicators support a bullish outlook, while the valuation remains attractive with a solid dividend yield. However, high leverage and declining free cash flow growth are areas to monitor.
To see Spark’s full report on TSE:BNS stock, click here.
More about Bank Of Nova Scotia
The Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian chartered bank headquartered in Toronto. It operates as a diversified financial services institution, offering retail, commercial, corporate and investment banking, as well as wealth management services, with a significant presence in North America and international markets.
YTD Price Performance: 1.65%
Average Trading Volume: 4,501,121
Technical Sentiment Signal: Buy
Current Market Cap: C$125.9B
Find detailed analytics on BNS stock on TipRanks’ Stock Analysis page.