National Bank Financial Comments on TSE:BNS FY2025 Earnings

Key Points

• National Bank Financial has raised its FY2025 earnings per share estimate for Bank of Nova Scotia from $6.81 to $7.01, aligning closely with the consensus estimate of $7.13.
• Several analysts have increased their price targets for Bank of Nova Scotia, with Bank of America raising its target from C$78.00 to C$88.00.
• The bank recently declared a quarterly dividend of $1.10, up from $1.06, reflecting a 5.2% yield based on an annualized payout.

The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Research analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a research report issued on Tuesday, August 26th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings of $7.01 per share for the year, up from their previous forecast of $6.81. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $7.13 per share. National Bank Financial also issued estimates for Bank of Nova Scotia's Q4 2025 earnings at $1.84 EPS and FY2026 earnings at $8.02 EPS.

Other equities research analysts have also issued reports about the stock. Bank of America raised their price objective on shares of Bank of Nova Scotia from C$78.00 to C$88.00 in a report on Wednesday. Desjardins increased their target price on Bank of Nova Scotia from C$79.00 to C$85.00 and gave the stock a "hold" rating in a report on Wednesday. Jefferies Financial Group boosted their price target on Bank of Nova Scotia from C$83.00 to C$86.00 in a report on Wednesday. National Bankshares increased their price objective on Bank of Nova Scotia from C$73.00 to C$81.00 in a report on Wednesday. Finally, Royal Bank Of Canada lifted their target price on Bank of Nova Scotia from C$80.00 to C$86.00 and gave the company a "sector perform" rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of C$85.62.

Bank of Nova Scotia Stock Performance

Shares of BNS stock opened at C$85.13 on Thursday. The company has a market capitalization of C$104.32 billion, a P/E ratio of 13.45, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The company's 50 day moving average price is C$76.74 and its two-hundred day moving average price is C$72.31. Bank of Nova Scotia has a 52 week low of C$62.57 and a 52 week high of C$86.39.

Bank of Nova Scotia Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 29th. Shareholders of record on Tuesday, July 29th were paid a $1.10 dividend. This is a positive change from Bank of Nova Scotia's previous quarterly dividend of $1.06. This represents a $4.40 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Wednesday, July 2nd. Bank of Nova Scotia's dividend payout ratio is 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.

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