Scotiabank adds wealth service: Bank of Nova Scotia stock sits below CAD 132.71 target

Published on 10/15/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scotiabank posted CAD 2.27 earnings per share in Q3 2026. Bank of Nova Scotia stock costs EUR 80.61 on October 15, 2026 before December 2 results.

Wealth strategy and reporting dates

Scotiabank's wealth service launch was dated October 7, 2026.
Third-quarter revenue reached CAD 9.46 billion in 2026.
Bank of Nova Scotia stock traded at EUR 80.61 at 9:46 a.m. CEST at Lang & Schwarz on October 15, 2026.

BNS, CA0641491075, Illustration mit AI erstellt.

Bank of Nova Scotia (CA0641491075) stock was trading at EUR 80.61 at Lang & Schwarz on October 15, 2026 at 9:46 a.m. CEST. Scotiabank's wealth management unit launched a global intelligence platform for ultra-high-net-worth clients on October 7, 2026, according to Simply Wall St.

Wealth service targets fee growth

The Scotia Global Intelligence platform combines portfolio reporting with advisory services for family offices, succession planning and private banking. The launch gives the wealth division a concrete product angle after a strong reported quarter, although the source did not quantify expected revenue from the service.

Simply Wall St reported that third-quarter 2026 revenue reached CAD 9.46 billion, up 12.00 percent from the third quarter of 2025, while adjusted earnings per share rose to CAD 2.27 from CAD 1.84. The figures were reported on August 26, 2026, and the same source said revenue exceeded analyst estimates by 6.20 percent.

What does the target imply?

Simply Wall St's October 14, 2026 update put the analyst consensus target at CAD 132.71, up from CAD 123.31. That is a 7.62 percent increase in the target and leaves the target 3.55 percent above the CAD 128.14 share price cited in the same update. The report also noted that projected profit margins were more conservative, creating a counterweight to the higher revenue assumptions.

Three recent milestones

On August 26, 2026, third-quarter adjusted earnings per share reached CAD 2.27, according to Simply Wall St. On October 4, 2026, the bank received approval to expand its normal course issuer bid from 15 million to 40 million common shares, the same source reported. On October 7, 2026, Scotia Wealth Management launched its global intelligence platform, with the share price cited at CAD 128.24 by Simply Wall St.

Dividend and earnings dates

The next dated investor events are the CAD 1.14 dividend payment on October 28, 2026, reported by MarketBeat, and the next earnings release on December 2, 2026, listed by Simply Wall St.

Stock trades before the next report

For investors, the wealth launch adds a product milestone to a stock story already shaped by higher quarterly earnings and expanded capital returns. The next earnings date will show whether the third-quarter revenue growth and adjusted earnings performance carried into the following period. Bank of Nova Scotia stock was trading at EUR 80.61 at Lang & Schwarz on October 15, 2026 at 9:46 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Bank of Nova Scotia stock.