Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Bank of Nova Scotia's shares outstanding for the quarter that ended in Apr. 2026 was 1,227 Mil.
Bank of Nova Scotia's quarterly shares outstanding
declined
from Jan. 2026 (1,233 Mil) to Apr. 2026 (1,227 Mil).
It means Bank of Nova Scotiabought back shares from Jan. 2026 to Apr. 2026 .
Bank of Nova Scotia's annual shares outstanding
declined
from Oct. 2024 (1,244 Mil) to Oct. 2025 (1,236 Mil).
It means Bank of Nova Scotiabought back shares from Oct. 2024 to Oct. 2025 .
Bank of Nova Scotia (NYSE:BNS) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Bank of Nova Scotia Shares Outstanding (EOP) Related Terms
Bank of Nova Scotia Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Bank of Nova Scotia's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of Nova Scotia Shares Outstanding (EOP) Chart
BNS vs JPM, BAC, WFC: Shares Outstanding (EOP) Comparison
For the Banks - Diversified subindustry, Bank of Nova Scotia's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bank of Nova Scotia Shares Outstanding (EOP) vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Nova Scotia's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Bank of Nova Scotia's Shares Outstanding (EOP) falls into.
Bank of Nova Scotia Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 1,227 Mil mean?
Bank of Nova Scotia (BNS) has a Shares Outstanding (EOP) of 1,227 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on Bank of Nova Scotia and its competitors.
Is Bank of Nova Scotia's Shares Outstanding (EOP) too high?
Bank of Nova Scotia's current Shares Outstanding (EOP) is 1,227 Mil. Overall, Bank of Nova Scotia has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's Shares Outstanding (EOP) compare to JPM and BAC?
Bank of Nova Scotia's Shares Outstanding (EOP) of 1,227 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Banks company?
A good Shares Outstanding (EOP) depends on the Banks industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Bank of Nova Scotia and its competitors. Bank of Nova Scotia's current Shares Outstanding (EOP) is 1,227 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Nova Scotia stock overvalued right now?
Based on GuruFocus' analysis, Bank of Nova Scotia (BNS) is currently considered Significantly Overvalued. The stock's GF Value™ is $58.28, compared to a current price of $86.60 — trading 48.6% above its estimated fair value. The current Shares Outstanding (EOP) is 1,227 Mil. Bank of Nova Scotia's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current Shares Outstanding (EOP) is 1,227 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Nova Scotia (BNS) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Nova Scotia stock appears to be overvalued.
The current stock price of $86.60 is trading 48.6% above its estimated GF Value™ of $58.28.
GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.
Key valuation signals for BNS:
Shares Outstanding (EOP): 1,227 Mil
GF Value™: $58.28 vs. price of $86.60 (48.6% above fair value)
No single metric tells the full story. See the BNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Nova Scotia is a global financial-services provider with over CAD 1.5 trillion in assets as of the end of April 2026. It has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Latin America.
67GF Score
Get the complete analysis for BNS
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BNS has been successfully added to your 
