BNS (Bank of Nova Scotia) Moat Score: 8/10 (As of Jul. 02, 2026)


BNS Bank of Nova Scotia BNS
70 GF Score
Price $87.35
GF Value $58.76
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bank of Nova Scotia Moat Score?

Bank of Nova Scotia BNS +0.59% 70 Moat Score is 8 as of Jul. 02, 2026. GuruFocus rates BNS with a GF Score™ of 70/100 and a GF Value™ of $58.76 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,611 Banks companies, Bank of Nova Scotia ranks better than 99.94% on this metric.

Bank of Nova Scotia has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

Bank of Nova Scotia has Wide Moat: Bank of Nova Scotia has a robust market position with significant customer switching costs, strong brand strength, and regulatory barriers. It benefits from economies of scale and a superior distribution network, providing durable competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Bank of Nova Scotia might have Wide Moat - Clear and robust wide moat.

Bank of Nova Scotia  (NYSE:BNS) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Bank of Nova Scotia Moat Score Related Terms

BNS vs JPM, BAC, WFC: Moat Score Comparison

For the Banks - Diversified subindustry, Bank of Nova Scotia's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Nova Scotia's Moat Score distribution charts can be found below:

* The bar in red indicates where Bank of Nova Scotia's Moat Score falls into.


BNS
70GF Score
Bank of Nova Scotia BNS
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 8 mean?
Bank of Nova Scotia (BNS) has a Moat Score of 8 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Bank of Nova Scotia ranks #1 out of 1611 companies in the Banks industry, placing it in the top 0.099999999999994%.
Is Bank of Nova Scotia's Moat Score too high?
Bank of Nova Scotia's current Moat Score is 8. Based on the distribution chart, Bank of Nova Scotia ranks #1 out of 1611 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Nova Scotia has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's Moat Score compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Nova Scotia ranks #1 out of 1611 companies for Moat Score. This places Bank of Nova Scotia in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Bank of Nova Scotia's current Moat Score is 8. 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 $58.76, compared to a current price of $87.35 — trading 48.7% above its estimated fair value. The current Moat Score is 8. Bank of Nova Scotia's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current Moat Score is 8 as of Jul. 02, 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 $87.35 is trading 48.7% above its estimated GF Value™ of $58.76. GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.

Key valuation signals for BNS:

  • Moat Score: 8
  • GF Value™: $58.76 vs. price of $87.35 (48.7% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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 Business Description

Address 1709 Hollis Street, Halifax, NS, CAN, B3J 1W1
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.
70GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.35
Price
$58.76
GF Value