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flag Scotiabank and National Bank hit 12-month highs on strong earnings and analyst upgrades.

flag Bank of Nova Scotia (BNS) hit a 12-month high of C$99.37 on December 2, 2025, closing at C$98.32, driven by analyst upgrades and strong quarterly results showing C$1.93 earnings per share and C$9.77 billion in revenue. flag The stock’s rise followed mixed analyst ratings, with a consensus “Hold” and a target of C$90.67. flag National Bank of Canada also reached a 12-month high of C$171.55, closing at C$170.18, reflecting solid performance amid a “Hold” analyst consensus and a target of C$150.77. flag Both banks reported strong financial metrics and growing investor interest.

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