Jim Cramer on Bank of Nova Scotia: “It’s a Very Good Company”

The Bank of Nova Scotia (NYSE:BNS) is one of the stocks on Jim Cramer’s radar recently. During the lightning round, a caller inquired about the stock, and Cramer replied:

“I’ve liked BNS from the first time I was in the Caribbean. I said, boy, these guys just own the Caribbean. It’s a very good company. It yields 4%.”

The Bank of Nova Scotia (NYSE:BNS) provides banking, lending, and investment services. The company also offers wealth management, insurance, and financial advisory solutions. It reported its Q4 2025 earnings on December 2, posting a non-GAAP EPS of C$1.93, outperforming estimates by C$0.09. The company generated a revenue of C$9.8 billion, which was up 15% year-over-year and beat the estimates by C$380 million.

For the full year, The Bank of Nova Scotia (NYSE:BNS) reported a net income of $7.758 billion, compared to $7.892 billion in the prior year. The company’s adjusted net income was $9.510 billion, compared to $8.627 billion in 2024. Its revenue was $37.741 billion for the year, compared to $33.670 billion in 2024.

While we acknowledge the risk and potential of BNS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BNS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.