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 - Equities researchers at Desjardins dropped their Q3 2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a research report issued to clients and investors on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $1.72 for the quarter, down from their previous forecast 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.

Several other analysts have also issued reports on the company. Canaccord Genuity Group increased their price objective on Bank of Nova Scotia from C$81.00 to C$85.00 in a report on Tuesday, July 22nd. TD Securities increased their price objective on Bank of Nova Scotia from C$77.00 to C$79.00 and gave the stock a "buy" rating in a report on Wednesday, May 28th. 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 raised their target price on Bank of Nova Scotia from C$75.00 to C$77.00 in a report on Thursday, May 22nd. Finally, Jefferies Financial Group raised their target price on Bank of Nova Scotia from C$75.00 to C$83.00 in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Bank of Nova Scotia has an average rating of "Hold" and an average price target of C$78.57.

Bank of Nova Scotia Stock Performance

Shares of TSE:BNS traded up C$0.27 during midday trading on Thursday, hitting C$78.80. 632,284 shares of the stock were exchanged, compared to its average volume of 4,730,350. Bank of Nova Scotia has a 52-week low of C$62.57 and a 52-week high of C$80.14. The business's fifty day simple moving average is C$75.80 and its two-hundred day simple moving average is C$71.90. The company has a market capitalization of C$96.56 billion, a PE ratio of 12.45, a P/E/G ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Increases Dividend

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

Bank of Nova Scotia Company Profile

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.