Q3 EPS Estimate for Bank of Nova Scotia Lowered by Analyst

Bank of Nova Scotia (The) (NYSE:BNS) (TSE:BNS) – Equities researchers at Desjardins lowered their Q3 2025 earnings estimates for shares of Bank of Nova Scotia in a report issued on Tuesday, August 12th. Desjardins analyst D. Young now anticipates that the bank will post earnings per share of $1.26 for the quarter, down from their previous estimate of $1.27. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.91 per share. Desjardins also issued estimates for Bank of Nova Scotia’s FY2026 earnings at $5.69 EPS.

Separately, Wall Street Zen downgraded shares of Bank of Nova Scotia from a “hold” rating to a “sell” rating in a report on Saturday, June 21st. One investment 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. According to data from MarketBeat, Bank of Nova Scotia currently has an average rating of “Hold” and an average target price of $81.00.

Bank of Nova Scotia Stock Performance

NYSE BNS opened at $56.62 on Thursday. The company has a fifty day simple moving average of $55.20 and a 200 day simple moving average of $51.50. Bank of Nova Scotia has a 12-month low of $44.09 and a 12-month high of $57.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The company has a market cap of $70.34 billion, a P/E ratio of 16.60, a PEG ratio of 1.43 and a beta of 1.14.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last posted its quarterly earnings results on Tuesday, May 27th. The bank reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.08). Bank of Nova Scotia had a net margin of 8.83% and a return on equity of 11.27%. The business had revenue of $6.59 billion during the quarter, compared to analyst estimates of $8.98 billion. During the same period in the previous year, the business posted $1.58 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year.

Hedge Funds Weigh In On Bank of Nova Scotia

A number of hedge funds have recently bought and sold shares of BNS. Cypress Capital Management LLC WY purchased a new position in Bank of Nova Scotia during the 2nd quarter worth $33,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Bank of Nova Scotia during the 1st quarter worth $52,000. VSM Wealth Advisory LLC bought a new stake in shares of Bank of Nova Scotia during the 2nd quarter worth $55,000. Independence Bank of Kentucky raised its stake in shares of Bank of Nova Scotia by 38.4% during the 1st quarter. Independence Bank of Kentucky now owns 1,175 shares of the bank’s stock worth $56,000 after purchasing an additional 326 shares during the period. Finally, MAI Capital Management raised its stake in shares of Bank of Nova Scotia by 40.7% during the 1st quarter. MAI Capital Management now owns 1,211 shares of the bank’s stock worth $57,000 after purchasing an additional 350 shares during the period. 49.13% of the stock is owned by hedge funds and other institutional investors.

Bank of Nova Scotia Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Shareholders of record on Wednesday, July 2nd were issued 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 yield of 5.6%. This is a positive change from Bank of Nova Scotia’s previous quarterly dividend of $0.74. Bank of Nova Scotia’s payout ratio is presently 94.72%.

About Bank of Nova Scotia

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.