Q3 EPS Forecast for Bank of Nova Scotia Decreased by Analyst

Key Points

• Desjardins has lowered its Q3 2025 earnings per share estimate for Bank of Nova Scotia to $1.26 from $1.27, with the consensus full-year estimate at $4.91.
• Wall Street Zen has dropped Bank of Nova Scotia's rating from "hold" to "sell," with an average target price of $81.00, while the stock is generally rated "Hold" by analysts.
• Despite recent negative forecasts, Bank of Nova Scotia has increased its quarterly dividend to $0.7996, indicating strong returns for investors with a yield of 5.6%.

Bank of Nova Scotia (The) (NYSE:BNS - Free Report) TSE: BNS - Equities research analysts at Desjardins lowered their Q3 2025 earnings per share estimates for Bank of Nova Scotia in a research note issued to investors on Tuesday, August 12th. Desjardins analyst D. Young now anticipates that the bank will earn $1.26 per share for the quarter, down from their prior forecast of $1.27. 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 FY2026 earnings at $5.69 EPS.

Separately, Wall Street Zen cut shares of Bank of Nova Scotia from a "hold" rating to a "sell" rating in a research note on Saturday, June 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Bank of Nova Scotia has a consensus rating of "Hold" and a consensus price target of $81.00.

Bank of Nova Scotia Stock Performance

Shares of NYSE BNS traded up $0.13 during mid-day trading on Thursday, hitting $56.77. The company had a trading volume of 1,150,931 shares, compared to its average volume of 1,390,457. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.03 and a quick ratio of 1.03. The business's 50-day simple moving average is $55.26 and its 200-day simple moving average is $51.53. Bank of Nova Scotia has a 12 month low of $44.09 and a 12 month high of $57.07. The firm has a market cap of $70.53 billion, a P/E ratio of 16.65, a PEG ratio of 1.43 and a beta of 1.14.

Bank of Nova Scotia (NYSE:BNS - Get Free Report) TSE: BNS last posted its earnings results on Tuesday, May 27th. The bank reported $1.06 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.08). The business had revenue of $6.59 billion for the quarter, compared to analyst estimates of $8.98 billion. Bank of Nova Scotia had a return on equity of 11.27% and a net margin of 8.83%. The company's quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BNS. Janney Montgomery Scott LLC grew its position in shares of Bank of Nova Scotia by 4.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,801 shares of the bank's stock worth $512,000 after purchasing an additional 442 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Bank of Nova Scotia by 5.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,155,791 shares of the bank's stock valued at $54,819,000 after purchasing an additional 60,506 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Bank of Nova Scotia by 3.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,938 shares of the bank's stock valued at $709,000 after purchasing an additional 466 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Bank of Nova Scotia by 54.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 22,629 shares of the bank's stock valued at $1,216,000 after acquiring an additional 8,018 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in shares of Bank of Nova Scotia by 14.8% during the first quarter. Dynamic Advisor Solutions LLC now owns 4,634 shares of the bank's stock valued at $220,000 after acquiring an additional 596 shares during the last quarter. Institutional investors and hedge funds own 49.13% of the company's stock.

Bank of Nova Scotia Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Stockholders of record on Wednesday, July 2nd were paid a dividend of $0.7996 per share. The ex-dividend date was Wednesday, July 2nd. This represents a $3.20 annualized dividend and a dividend yield of 5.6%. This is a boost from Bank of Nova Scotia's previous quarterly dividend of $0.74. Bank of Nova Scotia's dividend payout ratio (DPR) is presently 94.72%.

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.