Why Is BANK NOVA SCOTIA (BNS) Stock Moving Today?

Why BNS stock is up today

BNS stock rose 4.52% to $90.79 in early trading on August 25, 2026, driven by strong third-quarter results from Bank of Nova Scotia. The lender reported record performance in its wealth and capital markets segments, with revenue up 11% year-over-year and a return on equity of 14.2%. The stock opened with a 4.1% gap up from the previous close and reached a session high of $90.81.

What Happened

Bank of Nova Scotia delivered third-quarter results that exceeded expectations, with adjusted earnings per share of $2.28, surpassing the $2.10 estimate. The bank’s global wealth management and global banking and markets operations contributed to the outperformance. Revenue for the quarter was $7.61 billion, exceeding the projected $7.204 billion. The bank also announced a quarterly dividend of $1.14 per share, reaffirming its commitment to shareholder returns. Additionally, the bank re-entered the precious metals business and proposed a C$0.5 billion cash acquisition of Scotia Group Jamaica.

What The Data Shows

The stock opened at $90.45, reflecting a significant gap up from the prior close of $86.86. Trading volume was 0.5 million shares, which is 0.2 times the 3-month daily average. The stock reached a session high of $90.81 at 10:00 AM ET and a low of $87.00 at 9:25 AM ET. Over the past 8 sessions, the stock had declined 4.2% from $90.65 to $86.86. The 52-week range is $56.55 to $92.04, and the stock printed 13 fresh 52-week highs on August 25.

What To Watch

The stock is currently trading near its 52-week high. Investors may monitor the bank’s earnings call transcript and any follow-up commentary from analysts. No upcoming earnings date is provided, but coverage breadth and market sentiment will be key factors to watch in the coming days.