What is Desjardins’ Forecast for TSE:BNS Q1 Earnings?

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Stock analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a research report issued on Tuesday, December 3rd. Desjardins analyst D. Young expects that the bank will post earnings of $1.66 per share for the quarter. 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 Q2 2025 earnings at $1.73 EPS, Q4 2025 earnings at $1.84 EPS and FY2025 earnings at $7.05 EPS.

Several other research firms have also recently weighed in on BNS. Barclays upgraded shares of Bank of Nova Scotia from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 21st. CIBC lifted their price target on Bank of Nova Scotia from C$82.00 to C$84.00 in a research note on Tuesday, November 26th. TD Securities cut their price objective on Bank of Nova Scotia from C$82.00 to C$81.00 and set a “buy” rating for the company in a report on Wednesday. BMO Capital Markets raised their price objective on Bank of Nova Scotia from C$72.00 to C$84.00 in a report on Monday, November 18th. Finally, Cibc World Mkts raised Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 20th. Seven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Bank of Nova Scotia presently has a consensus rating of “Moderate Buy” and an average target price of C$76.73.

Bank of Nova Scotia Price Performance

Shares of BNS opened at C$78.94 on Friday. Bank of Nova Scotia has a 1-year low of C$59.62 and a 1-year high of C$80.14. The company has a market capitalization of C$97.89 billion, a P/E ratio of 13.82, a P/E/G ratio of 1.33 and a beta of 0.97. The firm’s 50 day simple moving average is C$74.65 and its 200 day simple moving average is C$68.39.

Bank of Nova Scotia Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Tuesday, January 7th will be issued a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 5.37%. Bank of Nova Scotia’s dividend payout ratio is 74.26%.

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.