WallStSmart

Bank of Nova Scotia (BNS)vsWells Fargo & Company (WFC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Wells Fargo & Company generates 143% more annual revenue ($83.03B vs $34.22B). BNS leads profitability with a 27.9% profit margin vs 27.2%. BNS appears more attractively valued with a PEG of 1.08. BNS earns a higher WallStSmart Score of 79/100 (B+).

BNS

Strong Buy

79

out of 100

Grade: B+

Growth: 8.7Profit: 7.5Value: 6.3Quality: 2.5
Piotroski: 2/9Altman Z: -0.61

WFC

Strong Buy

76

out of 100

Grade: B+

Growth: 7.3Profit: 7.5Value: 5.7Quality: 3.0
Piotroski: 4/9Altman Z: -0.38

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BNS6 strengths · Avg: 9.0/10
Operating MarginProfitability
39.8%10/10

Strong operational efficiency at 39.8%

Free Cash FlowQuality
$16.95B10/10

Generating 17.0B in free cash flow

Market CapQuality
$107.89B9/10

Large-cap with strong market position

Profit MarginProfitability
27.9%9/10

Keeps 28 of every $100 in revenue as profit

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

WFC6 strengths · Avg: 8.8/10
Market CapQuality
$264.46B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
37.1%10/10

Strong operational efficiency at 37.1%

Profit MarginProfitability
27.2%9/10

Keeps 27 of every $100 in revenue as profit

P/E RatioValuation
12.8x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
25.0%8/10

Earnings expanding 25.0% YoY

Areas to Watch

BNS3 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
-0.612/10

Distress zone — elevated risk

Debt/EquityHealth
6.641/10

Elevated debt levels

WFC3 concerns · Avg: 2.3/10
PEG RatioValuation
1.664/10

Expensive relative to growth rate

Altman Z-ScoreHealth
-0.382/10

Distress zone — elevated risk

Debt/EquityHealth
2.551/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : BNS

The strongest argument for BNS centers on Operating Margin, Free Cash Flow, Market Cap. Profitability is solid with margins at 27.9% and operating margin at 39.8%. Revenue growth of 12.6% demonstrates continued momentum.

Bull Case : WFC

The strongest argument for WFC centers on Market Cap, Operating Margin, Profit Margin. Profitability is solid with margins at 27.2% and operating margin at 37.1%.

Bear Case : BNS

The primary concerns for BNS are Piotroski F-Score, Altman Z-Score, Debt/Equity. Debt-to-equity of 6.64 is elevated, increasing financial risk.

Bear Case : WFC

The primary concerns for WFC are PEG Ratio, Altman Z-Score, Debt/Equity. Debt-to-equity of 2.55 is elevated, increasing financial risk.

Key Dynamics to Monitor

BNS carries more volatility with a beta of 1.21 — expect wider price swings.

BNS is growing revenue faster at 12.6% — sustainability is the question.

BNS generates stronger free cash flow (17.0B), providing more financial flexibility.

Monitor BANKS - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BNS scores higher overall (79/100 vs 76/100), backed by strong 27.9% margins and 12.6% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Bank of Nova Scotia

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

The Bank of Nova Scotia offers various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The company is headquartered in Halifax, Canada.

Wells Fargo & Company

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and overseas.

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