Q3 EPS Forecast for Bank of Nova Scotia Reduced by Analyst

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Research analysts at Desjardins dropped their Q3 2025 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a research note issued to investors on Tuesday, May 27th. Desjardins analyst D. Young now expects that the bank will post earnings of $1.27 per share for the quarter, down from their prior forecast of $1.34. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.91 per share. Desjardins also issued estimates for Bank of Nova Scotia’s Q4 2025 earnings at $1.31 EPS, FY2025 earnings at $4.96 EPS and FY2026 earnings at $5.62 EPS.

A number of other brokerages have also commented on BNS. CIBC reissued a “neutral” rating on shares of Bank of Nova Scotia in a report on Tuesday, February 18th. Bank of America lowered Bank of Nova Scotia from a “buy” rating to a “neutral” rating in a report on Monday, March 31st. Wall Street Zen raised Bank of Nova Scotia from a “sell” rating to a “hold” rating in a report on Friday. Royal Bank of Canada decreased their price objective on Bank of Nova Scotia from $83.00 to $81.00 and set a “sector perform” rating for the company in a report on Wednesday, February 26th. Finally, Cibc World Mkts lowered Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Bank of Nova Scotia currently has a consensus rating of “Hold” and an average target price of $81.00.

Bank of Nova Scotia Stock Performance

Shares of Bank of Nova Scotia stock opened at $53.59 on Friday. Bank of Nova Scotia has a one year low of $43.68 and a one year high of $57.07. The firm has a market capitalization of $66.75 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 1.16 and a beta of 1.11. The business has a 50-day simple moving average of $49.10 and a 200 day simple moving average of $51.08. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.03 and a quick ratio of 1.03.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last issued its earnings results on Tuesday, May 27th. The bank reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.08). Bank of Nova Scotia had a net margin of 10.20% and a return on equity of 11.56%. The firm had revenue of $6.59 billion during the quarter, compared to the consensus estimate of $8.98 billion. During the same period in the previous year, the firm earned $1.58 earnings per share. The business’s quarterly revenue was up 8.8% on a year-over-year basis.

Bank of Nova Scotia Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 29th. Investors of record on Wednesday, July 2nd will be paid a dividend of $0.7996 per share. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $0.74. The ex-dividend date is Wednesday, July 2nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.97%. Bank of Nova Scotia’s payout ratio is 89.44%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in shares of Bank of Nova Scotia by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,095,285 shares of the bank’s stock valued at $58,839,000 after buying an additional 77,820 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in Bank of Nova Scotia in the 4th quarter worth $292,000. Blue Trust Inc. lifted its stake in Bank of Nova Scotia by 98.6% in the 4th quarter. Blue Trust Inc. now owns 3,134 shares of the bank’s stock worth $171,000 after purchasing an additional 1,556 shares in the last quarter. HighTower Advisors LLC lifted its stake in Bank of Nova Scotia by 11.8% in the 4th quarter. HighTower Advisors LLC now owns 11,438 shares of the bank’s stock worth $614,000 after purchasing an additional 1,207 shares in the last quarter. Finally, Savant Capital LLC purchased a new stake in Bank of Nova Scotia in the 4th quarter worth $219,000. Hedge funds and other institutional investors own 49.13% of the company’s stock.

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.