Brokers Issue Forecasts for BNS FY2025 Earnings

Bank of Nova Scotia (The) (NYSE:BNSFree Report) (TSE:BNS) – Equities research analysts at Raymond James Financial issued their FY2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a report released on Monday, November 24th. Raymond James Financial analyst S. Boland forecasts that the bank will post earnings of $4.98 per share for the year. Raymond James Financial has a “Outperform” rating on the stock. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.91 per share. Raymond James Financial also issued estimates for Bank of Nova Scotia’s Q4 2025 earnings at $1.35 EPS, Q1 2026 earnings at $1.39 EPS, Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.43 EPS, Q4 2026 earnings at $1.45 EPS and FY2026 earnings at $5.66 EPS.

Several other analysts also recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Bank of Nova Scotia in a report on Wednesday, October 8th. Royal Bank Of Canada raised their price objective on shares of Bank of Nova Scotia from $80.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 27th. Finally, Wall Street Zen raised Bank of Nova Scotia from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $86.00.

Read Our Latest Stock Report on Bank of Nova Scotia

Bank of Nova Scotia Trading Up 1.6%

Shares of Bank of Nova Scotia stock opened at $68.95 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.03 and a quick ratio of 1.03. The business has a fifty day simple moving average of $65.48 and a two-hundred day simple moving average of $59.47. Bank of Nova Scotia has a 1 year low of $44.09 and a 1 year high of $68.97. The company has a market capitalization of $85.24 billion, a price-to-earnings ratio of 18.53, a P/E/G ratio of 1.49 and a beta of 1.17.

Bank of Nova Scotia (NYSE:BNSGet Free Report) (TSE:BNS) last issued its earnings results on Tuesday, August 26th. The bank reported $1.37 EPS for the quarter, topping the consensus estimate of $1.28 by $0.09. Bank of Nova Scotia had a return on equity of 11.61% and a net margin of 9.74%.The company had revenue of $6.85 billion during the quarter, compared to the consensus estimate of $9.29 billion. During the same period in the previous year, the company posted $1.63 EPS. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year.

Institutional Investors Weigh In On Bank of Nova Scotia

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. First Affirmative Financial Network raised its stake in Bank of Nova Scotia by 7.9% in the third quarter. First Affirmative Financial Network now owns 7,927 shares of the bank’s stock valued at $512,000 after purchasing an additional 578 shares in the last quarter. Captrust Financial Advisors increased its holdings in Bank of Nova Scotia by 14.3% in the third quarter. Captrust Financial Advisors now owns 39,998 shares of the bank’s stock valued at $2,586,000 after purchasing an additional 5,011 shares during the period. Danske Bank A S acquired a new position in Bank of Nova Scotia during the 3rd quarter worth about $377,000. CANADA LIFE ASSURANCE Co grew its position in shares of Bank of Nova Scotia by 5.1% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 844,191 shares of the bank’s stock valued at $54,618,000 after buying an additional 41,066 shares during the last quarter. Finally, PharVision Advisers LLC acquired a new stake in shares of Bank of Nova Scotia in the third quarter valued at about $210,000. 49.13% of the stock is currently owned by institutional investors and hedge funds.

Bank of Nova Scotia Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Bank of Nova Scotia (NYSE:BNS)

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