National Bank Financial Weighs in on TSE:BNS FY2025 Earnings

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Research analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a report issued on Sunday, April 6th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings of $6.77 per share for the year, down from their prior estimate of $6.94. 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 FY2026 earnings at $7.44 EPS.

Other analysts also recently issued reports about the stock. Jefferies Financial Group lowered their price target on shares of Bank of Nova Scotia from C$81.00 to C$77.00 in a report on Tuesday, February 18th. CIBC lowered their target price on shares of Bank of Nova Scotia from C$81.00 to C$75.00 in a research note on Wednesday, March 5th. Accountability Research set a C$82.00 price target on Bank of Nova Scotia and gave the company a “buy” rating in a research note on Thursday, January 9th. Royal Bank of Canada reduced their price target on 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. Finally, TD Securities set a C$81.00 price objective on Bank of Nova Scotia and gave the company a “buy” rating in a report on Tuesday, March 4th. Nine analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Bank of Nova Scotia currently has an average rating of “Hold” and a consensus target price of C$76.09.

Bank of Nova Scotia Price Performance

Shares of TSE BNS opened at C$65.61 on Wednesday. The stock has a market capitalization of C$80.40 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 1.33 and a beta of 0.97. The firm’s 50 day simple moving average is C$69.83 and its 200-day simple moving average is C$73.32. Bank of Nova Scotia has a 12 month low of C$60.68 and a 12 month high of C$80.14.

Bank of Nova Scotia Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, April 28th will be issued a $1.06 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $4.24 dividend on an annualized basis and a yield of 6.46%. Bank of Nova Scotia’s payout ratio is currently 67.00%.

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.