Research Analysts Issue Forecasts for BNS Q3 Earnings

Key Points

• National Bank Financial has raised its Q3 2025 earnings estimate for Bank of Nova Scotia to $1.28 per share, up from $1.27. The full-year earnings estimate is set at $4.91 per share.
• Wall Street Zen downgraded Bank of Nova Scotia's stock from a "hold" rating to a "sell" rating, with an average target price of $81.00, reflecting concerns over its performance.
• The company recently increased its quarterly dividend to $0.7996 per share, representing a 5.6% annual yield, up from a previous $0.74 per share dividend.

Bank of Nova Scotia (The) (NYSE:BNS - Free Report) TSE: BNS - Research analysts at National Bank Financial increased their Q3 2025 earnings estimates for shares of Bank of Nova Scotia in a note issued to investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $1.28 per share for the quarter, up from their prior estimate of $1.27. 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 $1.30 EPS, FY2025 earnings at $4.97 EPS and FY2026 earnings at $5.60 EPS.

Separately, Wall Street Zen downgraded shares of Bank of Nova Scotia from a "hold" rating to a "sell" rating in a research report on Saturday, June 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $81.00.

Bank of Nova Scotia Trading Up 0.2%

Shares of BNS stock opened at $56.77 on Monday. Bank of Nova Scotia has a 52-week low of $44.09 and a 52-week high of $57.07. The company has a 50-day simple moving average of $55.26 and a two-hundred day simple moving average of $51.53. The company has a market capitalization of $70.53 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 1.45 and a beta of 1.14. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.03.

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 analysts' consensus estimates of $1.14 by ($0.08). Bank of Nova Scotia had a return on equity of 11.27% and a net margin of 8.83%. The firm had revenue of $6.59 billion during the quarter, compared to the consensus estimate of $8.98 billion. During the same period in the previous year, the company posted $1.58 earnings per share. The company's revenue for the quarter was up 8.8% on a year-over-year basis.

Bank of Nova Scotia Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 29th. Stockholders of record on Wednesday, July 2nd were given a dividend of $0.7996 per share. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.6%. This is an increase from Bank of Nova Scotia's previous quarterly dividend of $0.74. Bank of Nova Scotia's payout ratio is currently 94.72%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Bank of Nova Scotia by 3.4% in the 2nd quarter. Vanguard Group Inc. now owns 55,005,337 shares of the bank's stock worth $3,041,575,000 after buying an additional 1,821,166 shares during the period. Toronto Dominion Bank boosted its holdings in Bank of Nova Scotia by 1.7% in the 4th quarter. Toronto Dominion Bank now owns 25,425,639 shares of the bank's stock worth $1,363,619,000 after buying an additional 434,771 shares during the period. 1832 Asset Management L.P. boosted its holdings in Bank of Nova Scotia by 2.1% in the 1st quarter. 1832 Asset Management L.P. now owns 17,717,286 shares of the bank's stock worth $840,331,000 after buying an additional 362,572 shares during the period. Norges Bank bought a new position in Bank of Nova Scotia in the 2nd quarter worth approximately $838,738,000. Finally, Mackenzie Financial Corp boosted its holdings in Bank of Nova Scotia by 2.5% in the 1st quarter. Mackenzie Financial Corp now owns 15,158,112 shares of the bank's stock worth $718,670,000 after buying an additional 374,487 shares during the period. 49.13% of the stock is owned by institutional investors.

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.

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