National Bank Financial Has Positive View of BNS Q3 Earnings

The Bank of Nova Scotia (NYSE:BNS - Free Report) TSE: BNS - Stock analysts at National Bank Financial raised their Q3 2025 earnings per share estimates for Bank of Nova Scotia in a report issued on Tuesday, May 27th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $1.27 per share for the quarter, up from their prior estimate of $1.22. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $4.91 per share. National Bank Financial also issued estimates for Bank of Nova Scotia's Q4 2025 earnings at $1.28 EPS, FY2025 earnings at $4.94 EPS and FY2026 earnings at $5.49 EPS.

A number of other analysts have also recently issued reports on the company. Cibc World Mkts cut Bank of Nova Scotia from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 18th. Royal Bank of Canada decreased their target price on shares of Bank of Nova Scotia from $83.00 to $81.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 26th. CIBC reiterated a "neutral" rating on shares of Bank of Nova Scotia in a research note on Tuesday, February 18th. Bank of America lowered Bank of Nova Scotia from a "buy" rating to a "neutral" rating in a research note on Monday, March 31st. Finally, Wall Street Zen raised Bank of Nova Scotia from a "sell" rating to a "hold" rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Bank of Nova Scotia currently has a consensus rating of "Hold" and an average target price of $81.00.

Bank of Nova Scotia Stock Down 0.3%

Shares of Bank of Nova Scotia stock traded down $0.15 during trading hours on Thursday, reaching $53.38. 609,045 shares of the company's stock were exchanged, compared to its average volume of 1,696,708. Bank of Nova Scotia has a fifty-two week low of $43.68 and a fifty-two week high of $57.07. The stock has a market cap of $66.48 billion, a P/E ratio of 12.36, a P/E/G ratio of 1.16 and a beta of 1.11. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average of $49.10 and a two-hundred day moving average of $51.06.

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

Bank of Nova Scotia Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 29th. Shareholders of record on Wednesday, July 2nd will be given a dividend of $0.7996 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $3.20 dividend on an annualized basis and a yield of 5.99%. This is a boost from Bank of Nova Scotia's previous quarterly dividend of $0.74. Bank of Nova Scotia's dividend payout ratio is 89.44%.

Institutional Trading of Bank of Nova Scotia

Several hedge funds have recently modified their holdings of BNS. Murphy & Mullick Capital Management Corp bought a new position in shares of Bank of Nova Scotia in the fourth quarter valued at $25,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Bank of Nova Scotia during the 4th quarter worth approximately $31,000. Allworth Financial LP raised its stake in shares of Bank of Nova Scotia by 121.1% in the fourth quarter. Allworth Financial LP now owns 639 shares of the bank's stock worth $33,000 after purchasing an additional 350 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in shares of Bank of Nova Scotia in the first quarter worth approximately $52,000. Finally, Independence Bank of Kentucky boosted its position in shares of Bank of Nova Scotia by 38.4% during the first quarter. Independence Bank of Kentucky now owns 1,175 shares of the bank's stock valued at $56,000 after buying an additional 326 shares during the last quarter. 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.