Q2 Earnings Forecast for TSE:BNS Issued By Cormark

The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Equities researchers at Cormark issued their Q2 2025 earnings estimates for Bank of Nova Scotia in a report released on Tuesday, May 20th. Cormark analyst L. Persaud expects that the bank will post earnings per share of $1.60 for the quarter. The consensus estimate for Bank of Nova Scotia's current full-year earnings is $7.13 per share. Cormark also issued estimates for Bank of Nova Scotia's FY2025 earnings at $6.95 EPS.

Several other brokerages also recently weighed in on BNS. Jefferies Financial Group lowered their target price on shares of Bank of Nova Scotia from C$76.00 to C$70.00 in a research note on Monday, April 21st. UBS Group decreased their price target on shares of Bank of Nova Scotia from C$85.00 to C$78.00 in a report on Thursday. CIBC raised their price target on shares of Bank of Nova Scotia from C$75.00 to C$77.00 in a report on Thursday. Bank of America cut shares of Bank of Nova Scotia from a "buy" rating to a "neutral" rating and decreased their price target for the stock from C$82.00 to C$70.00 in a report on Monday, March 31st. Finally, Royal Bank of Canada decreased their price target on shares of Bank of Nova Scotia from C$83.00 to C$81.00 and set a "sector perform" rating for the company in a report on Wednesday, February 26th. Nine equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Bank of Nova Scotia presently has an average rating of "Hold" and an average target price of C$76.64.

Bank of Nova Scotia Stock Up 0.1%

Shares of BNS opened at C$71.55 on Friday. The company has a market cap of C$87.68 billion, a price-to-earnings ratio of 11.31, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. Bank of Nova Scotia has a twelve month low of C$60.68 and a twelve month high of C$80.14. The company has a 50 day moving average of C$68.13 and a two-hundred day moving average of C$72.45.

Bank of Nova Scotia Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Monday, April 28th were issued a $1.06 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $4.24 dividend on an annualized basis and a yield of 5.93%. Bank of Nova Scotia's payout ratio is 67.00%.

About Bank of Nova Scotia

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.

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