We value your privacy. It’s common knowledge that one of the best long-term investments for Canadians has always been TSX bank stocks. Canada's main stock index opened higher on Wednesday, a day after hitting an all-time peak, as energy stocks gained in early trade and investors awaited the central bank… Bank Stocks. Not to alarm you, but you’re about to miss an important event. The bank has a sizable segment within the Canadian (domestic) market, and a growing international segment. For Bank of Nova Scotia, that recovery was much slower than anticipated. Scotiabank is a superb long-term stock. We’re Motley! BK2020. S&P/TSX Today: Get all information on the S&P/TSX Index including historical chart, news and constituents. Bharat Masrani, Group president & CEO, commented on the bank’s recent deal with Charles … BNS, 1D. Join Stock Advisor Canada for 73% OFF today…. While Scotiabank is neither the largest nor most well-known of Canada’s big banks, it does have plenty of upside, making it a superb long-term stock option. Nice dividend paying stock 0. But why did Scotiabank’s recovery lag its peers? Laurentian Bank of Canada engages in the provision of financial services. Find market predictions, TD financials and market news. RajaRuling. Valuation. Energy. As a result, the bank has become a well-recognized stable across the region. Tetra-Bio-Pharma Inc. (TSX:TBP). This is your chance to get in early on what could prove to be very special investment advice. The 3 Best TSX Stocks to Buy Right Now for 2021; 1 Top TSX Pick Long-Term Investors Should Buy Right Now As with everything else that happened in the market during 2020, the answer lies with the COVID-19 pandemic. Health care. This bank stock fell to a 52-week low of $49.01 in March 2020. The Motley Fool recommends BANK OF NOVA SCOTIA. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Get the latest stock price for Toronto-Dominion Bank (The) (TD), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Takes you to an interactive chart which cannot interact. Specifically, to the Latin American markets of Chile, Columbia, Peru, and Mexico. This meant that by the time that Scotiabank’s international segment reported a dip in earnings, other banks were reporting a recovery from their (U.S.-focused) international segments. One of the most underrated long-term investment gems on the market is the Bank of Nova Scotia (TSX:BNS)(NYSE:BNS). Fool contributor Demetris Afxentiou owns shares of The Bank of Nova Scotia. All market data (will open in new tab) is provided by Barchart Solutions. Find market predictions, BNS financials and market news. Business (Canada) Capital Markets; Stock … 0. Volatility (14d) Fourteen day volatility 14.90%. … By way of example, in the most recent quarter that ended on January 31, 2021, the international segment reported a net income of $427 million, surpassing the $333 million reported in the previous quarter ending in October of 2020. Financials. Image source: Getty Images . Home » Investing » This TSX Bank Is a Superb Long-Term Stock Pick, Demetris Afxentiou | March 16, 2021 | More on: BNS BNS. Toronto-Dominion Bank (TSX:TD) (NYSE:TD) stock recently set an all-time high, reaching $79.54 on Friday. Follow Following Unfollow Trade now . TD Bank stock is yielding 4.3% Toronto-Dominion Bank stands out for its years of success in driving efficiencies. And as the sixth largest North American bank … * At 10:54 a.m. investing.com - The Motley Fool • 4h. Returns since inception, October 2013. The Personal Operating segment caters to the financial needs of retail clients. Apart from the growth potential noted above, the Bank of Nova Scotia also offers investors a handsome quarterly dividend. Like all of Canada’s big banks. In my opinion, the Bank of Nova Scotia is a great investment that should be a core holding in nearly every portfolio. Market Cap. That’s a strategy that has worked out very well for Scotiabank’s peers, but instead of following that lead, Scotiabank looked elsewhere. Price movement based on the high, low and last over the given period. Instrument Name TSX Composite Banks Index Instrument Exchange INDEX/TSX: Instrument Symbol TXBA. Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock is also just shy of reaching its pre-pandemic market value of $76.10. Up four cents, or 0.14 per cent, to $27.86 on 20.2 million shares. During the last two months of the year, the stock made excellent progress toward rebounding and is now priced at $71.98. Current as of March 17, 2021. Insider. This TSX Bank Is a Superb Long-Term Stock Pick By The Motley Fool; This TSX Bank Is a Superb Long-Term Stock Pick By The Motley Fool. VersaBank's (TSX:VB) stock is poised to deliver double-digit gains and be Canada's top performing stock in the banking industry. ... TSX:BNS 6. I understand I can unsubscribe from these updates at any time. CAD . During the last two months of the year, the stock made excellent progress toward rebounding and is now priced at $71.98. Technicals. This presented an opportunity for long-term investors to purchase this superb long-term stock at a significant discount. I see an opportunity to buy into top TSX bank stocks, as Canadian banks are likely to make a strong comeback in 2021 on an expected improvement in … Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. Long. Legalization Nears: Here Are the Best Cannabis Stocks to Buy, Adding These 4 Canadian Stocks to Your TFSA Would Be a Brilliant Move, 5 of the Best TSX High-Yield Dividend Stocks to Buy Under $100, 3 Top Canadian Dividend Stocks to Buy in March 2021 for Your TFSA, Warren Buffett: How to Make Millions From the Stock Market Volatility. Find the latest ROYAL BANK OF CANADA (RY.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Simply click here to discover how you can take advantage of this. BNS TSX D Long. During the past six-month period, the Bank of Nova Scotia has surged over 42%, outperforming its peers. Show more ideas. Read our. The yield on offer currently works out to an appetizing 4.54%, making it one of the better-paying options on the market. It closed the day just three cents shy of the record high price at $79.51. Click here to claim your Flash Sale offer. That international segment provides Scotiabank with ample growth potential and sets it apart from its peers. The bank has an industry leading ROE and has a … Bank of Nova Scotia: A stock for value investors Bank of Nova Scotia (TSX:BNS) (NYSE:BNS) is the first stock to consider. This bolstered earnings from the bank’s international segment and continues to fuel years of additional growth potential. While businesses in Canada and the U.S. started to shut down near the end of last winter, closures in Latin America lagged behind a few months. TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,457.78, up 76.82 points.) Bank of Nova Scotia’s decision to invest heavily into establishing a branch network in those nations proved to be successful. 0. 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Without further ado, consider Bank of Nova Scotia (TSX:BNS)(NYSE:BNS), a top value stock likely to be little rattled if this growth-driven sell-off accelerates into the second quarter.. Bank of Nova Scotia. The alliance is charged with bolstering trade and investment between its members and eliminating tariffs. Upcoming Earnings. I like taking BMO:TSX here as I believe it is oversold to the downside. © 2021 The Motley Fool Canada, ULC. TD. Those four nations compose the trade bloc known as the Pacific Alliance. Upcoming Earnings. Got $3,000? All rights reserved. Today's Change. Latest Stock Picks; Recent Headlines. Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. BNS TSX D Long. By the time that those markets began to see a spike in COVID-19 cases and eventually closed, Canada and the U.S. were already beginning to re-open. Suncor Energy Inc. (TSX:SU). gdg 2. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. TD Bank stock top bank stock TD Bank has the title of being the fifth leading North American bank by total assets. Real-Time Last Update . And lock in one of the lowest prices we’ve EVER offered for our stock-picking service that's beating the market by 3x! For exchange delays and terms of use, please read disclaimer (will open in new tab). BNS, 15. EPS. Market Cap. The improved results showcase the slow recovery from the coronavirus pandemic. EPS. * The Bank of Canada said it now expects positive GDP growth in the first quarter of 2021, rather than the contraction it forecast in January. The company offers more value for investors, as its stock … Copyright © 2021. Find the latest BANK OF NOVA SCOTIA (BNS.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Div Yield. P/E. View live TORONTO-DOMINION BANK chart to track its stock's price action. 0. bns. Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock rallied after the company announced it would be closing 82 branches. Following the market drop early last year, the big banks spent the rest of 2020 clawing back those early losses. Ideas Technicals . The 3 Best TSX Stocks to Buy Right Now for 2021, U.S. To all of the other big banks, expansion almost always means branching out to the U.S. market. Closest support is marked in blue - very closeby, and good probablility of breaking next week if we see market weakness. This makes the Bank of Nova Scotia an ideal income-producer as well as a great growth pick. This TSX Bank Is a Superb Long-Term Stock Pick, CPP: 3 Big Mistakes to Avoid When Choosing the Age to Start Your Payments, Got $3,000? The TFSA in Canada is a millionaire-maker, especially for younger savers. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. © Copyright 2021 The Globe and Mail Inc. All rights reserved. This bank stock fell to a 52-week low of $49.01 in March 2020. ... TD TSX. Scotiabank runs a well-diversified and profitable operation. One of the most underrated long-term investment gems on the market is the Bank of Nova Scotia (TSX:BNS)(NYSE:BNS). Trade now Follow Following Unfollow. TORONTO-DOMINION BANK TSX. Up 3.5 cents, or 21.88 per cent, to 19.5 cents on 15.5 million shares. Hurry, this flash sale will end at midnight…. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content. Fortunately, that recovery has finally kicked into gear. While Scotiabank is neither the … Read more on investing.com. Div Yield . P/E. © Provided by The Motley … Please read the Privacy Statement and Terms of Service for further information. That’s the textbook definition of a superb long-term stock. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Overview . Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. It operates through the following segments: Personal Operating, Business Services, and Capital Markets. View live BANK OF NOVA SCOTIA chart to track its stock's price action.