Analysts Offer Predictions for TSE:BNS FY2025 Earnings

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – National Bank Financial boosted their FY2025 EPS estimates for Bank of Nova Scotia in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings per share of $7.00 for the year, up from their prior forecast of $6.92. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share. National Bank Financial also issued estimates for Bank of Nova Scotia’s FY2026 earnings at $8.14 EPS.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings results on Tuesday, August 27th. The bank reported C$1.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$1.63. The business had revenue of C$8.36 billion for the quarter, compared to analysts’ expectations of C$8.50 billion. Bank of Nova Scotia had a return on equity of 9.49% and a net margin of 25.38%.

Several other equities analysts have also weighed in on BNS. Cibc World Mkts upgraded shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Friday, September 20th. Cormark cut their price target on Bank of Nova Scotia from C$68.00 to C$65.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 20th. Canaccord Genuity Group raised Bank of Nova Scotia from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$71.00 to C$84.00 in a research note on Tuesday. Jefferies Financial Group increased their target price on Bank of Nova Scotia from C$65.00 to C$69.00 and gave the company a “hold” rating in a research note on Wednesday, August 28th. Finally, CIBC upgraded Bank of Nova Scotia from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from C$78.00 to C$82.00 in a research report on Friday, September 20th. Eight analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Bank of Nova Scotia presently has an average rating of “Moderate Buy” and an average target price of C$74.75.

Bank of Nova Scotia Trading Up 0.5 %

Shares of TSE BNS opened at C$78.91 on Thursday. Bank of Nova Scotia has a 1 year low of C$56.83 and a 1 year high of C$79.16. The firm’s 50-day moving average is C$73.46 and its 200-day moving average is C$67.61. The firm has a market capitalization of C$97.85 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 29th. Shareholders of record on Wednesday, October 2nd were paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend was Wednesday, October 2nd. Bank of Nova Scotia’s payout ratio is currently 74.26%.

About Bank of Nova Scotia

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.