Brokers Offer Predictions for BNS FY2026 Earnings

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Research analysts at National Bank Financial issued their FY2026 earnings estimates for Bank of Nova Scotia in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine forecasts that the bank will post earnings of $5.86 per share for the year. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.75 per share.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last issued its quarterly earnings data on Tuesday, August 27th. The bank reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.01. Bank of Nova Scotia had a net margin of 9.84% and a return on equity of 11.14%. The firm had revenue of $8.36 billion for the quarter, compared to the consensus estimate of $8.53 billion. During the same quarter in the previous year, the firm earned $1.30 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year.

Other analysts have also recently issued research reports about the company. TD Securities raised Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Bank of America raised Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a report on Tuesday. Canaccord Genuity Group upgraded Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research note on Tuesday. Barclays raised shares of Bank of Nova Scotia from an “underweight” rating to an “equal weight” rating in a research report on Thursday. Finally, Canaccord Genuity Group raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.00.

Bank of Nova Scotia Price Performance

NYSE BNS opened at $56.29 on Thursday. The firm’s fifty day simple moving average is $53.33 and its two-hundred day simple moving average is $49.34. The firm has a market capitalization of $70.05 billion, a P/E ratio of 13.47, a P/E/G ratio of 1.67 and a beta of 1.05. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.61. Bank of Nova Scotia has a 12-month low of $41.80 and a 12-month high of $56.71.

Institutional Trading of Bank of Nova Scotia

Several large investors have recently made changes to their positions in BNS. Mather Group LLC. grew its holdings in Bank of Nova Scotia by 1,388.9% during the second quarter. Mather Group LLC. now owns 536 shares of the bank’s stock worth $25,000 after acquiring an additional 500 shares during the period. Blue Trust Inc. grew its stake in shares of Bank of Nova Scotia by 3,127.8% during the 2nd quarter. Blue Trust Inc. now owns 581 shares of the bank’s stock worth $27,000 after purchasing an additional 563 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Bank of Nova Scotia by 1,588.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 861 shares of the bank’s stock valued at $47,000 after purchasing an additional 810 shares in the last quarter. City State Bank acquired a new position in shares of Bank of Nova Scotia in the 3rd quarter valued at $57,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Bank of Nova Scotia by 102.1% during the first quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the bank’s stock worth $83,000 after buying an additional 811 shares in the last quarter. 49.13% of the stock is owned by hedge funds and other institutional investors.

Bank of Nova Scotia Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 29th. Stockholders of record on Wednesday, October 2nd were paid a $0.768 dividend. This represents a $3.07 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend was Wednesday, October 2nd. Bank of Nova Scotia’s payout ratio is 74.88%.

Bank of Nova Scotia Company Profile

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.