Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities researchers at Cormark issued their Q1 2018 EPS estimates for Bank of Nova Scotia in a research note issued to investors on Wednesday. Cormark analyst M. Grauman forecasts that the bank will earn $1.65 per share for the quarter. Cormark also issued estimates for Bank of Nova Scotia’s Q2 2018 earnings at $1.66 EPS, Q3 2018 earnings at $1.77 EPS and Q4 2018 earnings at $1.78 EPS.
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its earnings results on Tuesday, November 28th. The bank reported C$1.65 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.68 by C($0.03). Bank of Nova Scotia had a net margin of 30.50% and a return on equity of 14.91%. The company had revenue of C$6.81 billion during the quarter, compared to the consensus estimate of C$7.05 billion. During the same quarter in the prior year, the business earned $1.58 EPS.
Bank of Nova Scotia (TSE:BNS) traded down C$0.19 during mid-day trading on Friday, hitting C$81.51. The stock had a trading volume of 2,973,208 shares, compared to its average volume of 2,145,204. Bank of Nova Scotia has a 52 week low of C$73.25 and a 52 week high of C$85.50.
In other Bank of Nova Scotia news, insider Deborah Alexander sold 7,114 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of C$76.76, for a total value of C$546,070.64. Also, insider Kyle Mcnamara sold 3,036 shares of the business’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of C$80.53, for a total value of C$244,489.08. Insiders have sold 10,364 shares of company stock worth $807,789 over the last quarter.
The firm also recently declared a quarterly dividend, which will be paid on Monday, January 29th. Investors of record on Tuesday, January 2nd will be issued a dividend of $0.79 per share. The ex-dividend date is Friday, December 29th. This represents a $3.16 dividend on an annualized basis and a yield of 3.88%. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 46.22%.
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About Bank of Nova Scotia
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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