National Bank Financial Weighs in on TSE:BNS FY2025 Earnings

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities researchers at National Bank Financial upped their FY2025 earnings per share estimates for shares of Bank of Nova Scotia in a research note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $7.00 per share for the year, up from their previous estimate 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.

Several other analysts have also issued reports on the company. Jefferies Financial Group upped their target price on Bank of Nova Scotia from C$65.00 to C$69.00 and gave the stock a “hold” rating in a report on Wednesday, August 28th. Cormark dropped their price objective 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. TD Securities raised their target price on shares of Bank of Nova Scotia from C$80.00 to C$82.00 in a research note on Friday, November 15th. CIBC raised shares of Bank of Nova Scotia from a “neutral” rating to an “outperform” rating and upped their price target for the stock from C$78.00 to C$82.00 in a research report on Friday, September 20th. Finally, Cibc World Mkts upgraded shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 20th. Eight research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$74.75.

Bank of Nova Scotia Price Performance

Bank of Nova Scotia stock opened at C$78.91 on Thursday. The company has a market cap of C$97.85 billion, a price-to-earnings ratio of 13.82, a P/E/G ratio of 1.33 and a beta of 0.97. The firm has a 50-day moving average of C$73.46 and a 200-day moving average of C$67.61. Bank of Nova Scotia has a one year low of C$56.83 and a one year high of C$79.16.

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

Bank of Nova Scotia Dividend Announcement

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

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.