Research Analysts Set Expectations for BNS FY2026 Earnings

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Research analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for Bank of Nova Scotia in a research note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine expects that the bank will earn $5.86 per share for the year. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.75 per share.

A number of other research analysts also recently commented on the stock. TD Securities raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Canaccord Genuity Group raised Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research note on Tuesday. UBS Group raised Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research report on Monday. Barclays upgraded Bank of Nova Scotia from an “underweight” rating to an “equal weight” rating in a research report on Thursday. Finally, Bank of America upgraded shares of Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.00.

Bank of Nova Scotia Trading Down 0.0 %

BNS stock opened at $56.29 on Thursday. The firm has a market cap of $70.05 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 1.67 and a beta of 1.05. The firm has a fifty day moving average price of $53.33 and a 200 day moving average price of $49.34. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.02 and a current ratio of 1.02. Bank of Nova Scotia has a fifty-two week low of $41.80 and a fifty-two week high of $56.71.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last issued its earnings results on Tuesday, August 27th. The bank reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.01. Bank of Nova Scotia had a return on equity of 11.14% and a net margin of 9.84%. The firm had revenue of $8.36 billion for the quarter, compared to analysts’ expectations of $8.53 billion. During the same period in the previous year, the firm posted $1.30 earnings per share. The business’s revenue was up 3.7% compared to the same quarter last year.

Institutional Investors Weigh In On Bank of Nova Scotia

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Bank of Nova Scotia by 65.9% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 42,028 shares of the bank’s stock valued at $2,121,000 after acquiring an additional 16,700 shares in the last quarter. Bessemer Group Inc. raised its position in Bank of Nova Scotia by 177.4% during the 1st quarter. Bessemer Group Inc. now owns 40,714 shares of the bank’s stock valued at $2,106,000 after purchasing an additional 26,036 shares in the last quarter. Natixis lifted its holdings in shares of Bank of Nova Scotia by 166.3% in the 1st quarter. Natixis now owns 48,394 shares of the bank’s stock worth $2,504,000 after buying an additional 30,219 shares during the period. Freestone Capital Holdings LLC bought a new position in shares of Bank of Nova Scotia during the 1st quarter worth $264,000. Finally, Canada Pension Plan Investment Board increased its stake in shares of Bank of Nova Scotia by 7.4% during the first quarter. Canada Pension Plan Investment Board now owns 4,004,496 shares of the bank’s stock valued at $207,349,000 after buying an additional 277,218 shares during the period. Institutional investors own 49.13% of the company’s stock.

Bank of Nova Scotia Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 29th. Stockholders of record on Wednesday, October 2nd were issued a $0.768 dividend. This represents a $3.07 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date of this dividend was Wednesday, October 2nd. Bank of Nova Scotia’s payout ratio is presently 74.88%.

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.