Desjardins Lowers Earnings Estimates for Bank of Nova Scotia

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Research analysts at Desjardins cut their Q3 2025 EPS estimates for shares of Bank of Nova Scotia in a note issued to investors on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the bank will post earnings of $1.72 per share for the quarter, down from their previous forecast of $1.74. Desjardins currently has a “Hold” rating and a $79.00 target price on the stock. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share. Desjardins also issued estimates for Bank of Nova Scotia’s FY2026 earnings at $7.80 EPS.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada lowered their price target 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. Barclays lifted their price objective on Bank of Nova Scotia from C$78.00 to C$81.00 and gave the company an “equal weight” rating in a research note on Thursday. Canaccord Genuity Group boosted their target price on Bank of Nova Scotia from C$81.00 to C$85.00 in a report on Tuesday, July 22nd. CIBC raised their price target on shares of Bank of Nova Scotia from C$75.00 to C$77.00 in a report on Thursday, May 22nd. Finally, UBS Group reduced their price target on shares of Bank of Nova Scotia from C$85.00 to C$78.00 in a research report on Thursday, May 22nd. Ten research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Bank of Nova Scotia currently has an average rating of “Hold” and a consensus target price of C$78.50.

Bank of Nova Scotia Trading Up 0.3%

Shares of BNS opened at C$78.22 on Thursday. Bank of Nova Scotia has a twelve month low of C$62.57 and a twelve month high of C$80.14. The firm has a market capitalization of C$95.85 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The stock’s fifty day simple moving average is C$75.62 and its 200 day simple moving average is C$71.89.

Bank of Nova Scotia Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 29th. Investors of record on Tuesday, July 29th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 5.6%. 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. Bank of Nova Scotia’s payout ratio is presently 67.00%.

About Bank of Nova Scotia

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.