Q3 EPS Estimate for Bank of Nova Scotia Lifted by Analyst

Key Points

• Analysts at National Bank Financial have increased their Q3 2025 earnings per share (EPS) estimate for Bank of Nova Scotia from $1.74 to $1.76.
• The Bank of Nova Scotia recently raised its quarterly dividend to $1.10 per share, reflecting an annualized yield of 5.6%.
• Current market analysis shows ten analysts with a "hold" rating and an average price target of C$78.57 for Bank of Nova Scotia's stock.

The Bank of Nova Scotia (TSE:BNS - Free Report) NYSE: BNS - Stock analysts at National Bank Financial raised their Q3 2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a research note issued on Thursday, August 14th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $1.76 per share for the quarter, up from their previous forecast of $1.74. 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 $1.78 EPS, FY2025 earnings at $6.81 EPS and FY2026 earnings at $7.67 EPS.

A number of other analysts have also recently weighed in on BNS. TD Securities raised their price objective on Bank of Nova Scotia from C$77.00 to C$79.00 and gave the stock a "buy" rating in a research report on Wednesday, May 28th. UBS Group lowered their price objective on Bank of Nova Scotia from C$85.00 to C$78.00 in a research report on Thursday, May 22nd. Royal Bank Of Canada lowered their price objective on Bank of Nova Scotia from C$81.00 to C$80.00 and set a "sector perform" rating for the company in a research report on Monday, June 9th. Jefferies Financial Group raised their price objective on Bank of Nova Scotia from C$75.00 to C$83.00 in a research report on Wednesday, August 13th. Finally, Desjardins raised their price objective on Bank of Nova Scotia from C$77.00 to C$79.00 and gave the stock a "hold" rating in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of C$80.62.

Bank of Nova Scotia Price Performance

TSE BNS traded up C$1.00 during midday trading on Monday, hitting C$79.70. 6,312,163 shares of the company traded hands, compared to its average volume of 4,732,399. The company has a market cap of C$97.67 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The company's 50-day simple moving average is C$76.21 and its 200-day simple moving average is C$72.10. Bank of Nova Scotia has a 52 week low of C$62.57 and a 52 week high of C$80.14.

Bank of Nova Scotia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 29th. Investors 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. The ex-dividend date was Wednesday, July 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 5.5%. Bank of Nova Scotia's dividend payout ratio (DPR) is 67.00%.

Bank of Nova Scotia Company Profile

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.