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The Bank of Nova Scotia (BNS): A Bull Case Theory 

We came across a bullish thesis on The Bank of Nova Scotia on Beat the TSX (BTSX-20)’s Substack by Beat the TSX-27 Strategy. In this article, we will summarize the bulls’ thesis on BNS. The Bank of Nova Scotia's share was trading at $64.77 as of September 29th. BNS’s trailing and forward P/E were 17.11 and 11.35 respectively according to Yahoo Finance.

Scotiabank (BNS) reported Q3/25 EPS of $1.88, up 15% year-over-year, driven primarily by strong trading revenue and lower expenses. Despite a higher tax rate that reduced results by $0.08, lower provisions for credit losses...