What is Cormark’s Forecast for TSE:BNS FY2026 Earnings?

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities research analysts at Cormark dropped their FY2026 earnings per share estimates for shares of Bank of Nova Scotia in a research report issued on Tuesday, May 20th. Cormark analyst L. Persaud now anticipates that the bank will post earnings per share of $7.77 for the year, down from their prior forecast of $7.96. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share.

BNS has been the topic of several other research reports. Royal Bank of Canada decreased their price objective on Bank of Nova Scotia from C$83.00 to C$81.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 26th. National Bankshares set a C$71.00 target price on Bank of Nova Scotia and gave the stock a “sector perform” rating in a research report on Thursday. Cibc World Mkts downgraded Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Jefferies Financial Group cut their target price on Bank of Nova Scotia from C$76.00 to C$70.00 in a research report on Monday, April 21st. Finally, CIBC raised their target price on Bank of Nova Scotia from C$75.00 to C$77.00 in a research report on Thursday. Nine equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$76.64.

Bank of Nova Scotia Trading Up 0.1%

Shares of TSE:BNS opened at C$71.55 on Thursday. Bank of Nova Scotia has a 1-year low of C$60.68 and a 1-year high of C$80.14. The firm has a market capitalization of C$87.68 billion, a PE ratio of 11.31, a PEG ratio of 1.33 and a beta of 0.97. The business’s 50 day moving average is C$68.13 and its 200-day moving average is C$72.45.

Bank of Nova Scotia Announces Dividend

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