Q3 EPS Forecast for Bank of Nova Scotia Lowered by Analyst

Key Points

• Desjardins has reduced its Q3 2025 earnings per share (EPS) estimate for the Bank of Nova Scotia from $1.74 to $1.72, maintaining a "Hold" rating with a price target of $79.00.
• The Bank of Nova Scotia recently increased its quarterly dividend to $1.10, reflecting an annual yield of 5.6%, up from the previous $1.06.
• Current consensus estimates predict full-year earnings of $7.13 per share for the Bank of Nova Scotia, with projections for FY2026 earnings at $7.80 EPS.

The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Investment analysts at Desjardins dropped their Q3 2025 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a research report issued to clients and investors on Tuesday, August 12th. Desjardins analyst D. Young now expects that the bank will post earnings per share of $1.72 for the quarter, down from their previous estimate of $1.74. Desjardins currently has a "Hold" rating and a $79.00 target price on the stock. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $7.13 per share. Desjardins also issued estimates for Bank of Nova Scotia's FY2026 earnings at $7.80 EPS.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada cut their target price on Bank of Nova Scotia from C$81.00 to C$80.00 and set a "sector perform" rating on the stock in a report on Monday, June 9th. CIBC boosted their price objective on Bank of Nova Scotia from C$75.00 to C$77.00 in a research note on Thursday, May 22nd. UBS Group dropped their price objective on Bank of Nova Scotia from C$85.00 to C$78.00 in a research note on Thursday, May 22nd. Jefferies Financial Group boosted their price objective on Bank of Nova Scotia from C$75.00 to C$83.00 in a research note on Wednesday. Finally, National Bankshares upped their price target on Bank of Nova Scotia from C$72.00 to C$73.00 and gave the stock a "sector perform" rating in a research note on Friday. Ten research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Bank of Nova Scotia currently has a consensus rating of "Hold" and an average target price of C$78.57.

Bank of Nova Scotia Stock Up 0.3%

BNS traded up C$0.25 during midday trading on Thursday, hitting C$78.47. 2,380,942 shares of the company were exchanged, compared to its average volume of 4,772,267. The firm has a market capitalization of C$96.16 billion, a P/E ratio of 12.40, a P/E/G ratio of 1.33 and a beta of 0.97. Bank of Nova Scotia has a 1-year low of C$62.57 and a 1-year high of C$80.14. The firm's 50 day moving average price is C$75.71 and its 200-day moving average price is C$71.90.

Bank of Nova Scotia Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 29th. Stockholders of record on Tuesday, July 29th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 5.6%. This is an increase from Bank of Nova Scotia's previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Wednesday, July 2nd. Bank of Nova Scotia's payout ratio is presently 67.00%.

About Bank of Nova Scotia

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It 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.