Free Trial

Desjardins Issues Pessimistic Estimate for TSE:BNS Earnings

Bank of Nova Scotia logo with Financial Services background

The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Equities researchers at Desjardins cut their Q3 2025 earnings per share estimates for Bank of Nova Scotia in a research note issued to investors on Tuesday, May 27th. Desjardins analyst D. Young now anticipates that the bank will post earnings per share of $1.74 for the quarter, down from their previous estimate of $1.92. 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 Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $6.80 EPS and FY2026 earnings at $7.70 EPS.

A number of other equities research analysts also recently weighed in on the company. Cibc World Mkts downgraded Bank of Nova Scotia from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 18th. CIBC raised their price objective on Bank of Nova Scotia from C$75.00 to C$77.00 in a research report 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 report on Thursday, May 22nd. National Bankshares raised their price objective on Bank of Nova Scotia from C$71.00 to C$72.00 and gave the company a "sector perform" rating in a research report on Wednesday. Finally, Bank of America downgraded Bank of Nova Scotia from a "buy" rating to a "neutral" rating and lowered their price target for the stock from C$82.00 to C$70.00 in a report on Monday, March 31st. Nine analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Bank of Nova Scotia currently has a consensus rating of "Hold" and an average target price of C$77.00.

Get Our Latest Stock Report on Bank of Nova Scotia

Bank of Nova Scotia Stock Performance

BNS stock traded up C$0.24 during trading on Friday, reaching C$73.78. 7,430,335 shares of the company traded hands, compared to its average volume of 4,810,947. Bank of Nova Scotia has a 12 month low of C$60.68 and a 12 month high of C$80.14. The business has a 50 day simple moving average of C$68.55 and a 200 day simple moving average of C$72.39. The company has a market capitalization of C$90.41 billion, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 28th. Investors of record on Monday, April 28th were given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 5.75%. The ex-dividend date of this dividend was Tuesday, April 1st. Bank of Nova Scotia's dividend payout ratio is currently 67.00%.

Bank of Nova Scotia Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for Bank of Nova Scotia (TSE:BNS)

Should You Invest $1,000 in Bank of Nova Scotia Right Now?

Before you consider Bank of Nova Scotia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of Nova Scotia wasn't on the list.

While Bank of Nova Scotia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines