National Bank Financial Weighs in on TSE:BNS Q1 Earnings

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Research analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of Bank of Nova Scotia in a research report issued on Tuesday, December 3rd. National Bank Financial analyst G. Dechaine anticipates that the bank will earn $1.68 per share for the quarter. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share. National Bank Financial also issued estimates for Bank of Nova Scotia’s Q2 2025 earnings at $1.68 EPS, Q4 2025 earnings at $1.82 EPS and FY2025 earnings at $6.90 EPS.

Other equities research analysts also recently issued research reports about the company. Cibc World Mkts raised Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Friday, September 20th. Bank of America raised shares of Bank of Nova Scotia from a “neutral” rating to a “buy” rating and boosted their price objective for the company from C$73.00 to C$90.00 in a report on Tuesday, November 19th. National Bankshares raised their target price on shares of Bank of Nova Scotia from C$66.00 to C$78.00 in a report on Wednesday, November 20th. UBS Group upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 18th. Finally, Jefferies Financial Group raised their price objective on Bank of Nova Scotia from C$65.00 to C$69.00 and gave the stock a “hold” rating in a research note on Wednesday, August 28th. Seven investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$76.73.

Bank of Nova Scotia Trading Up 0.8 %

Bank of Nova Scotia stock opened at C$78.94 on Friday. The company has a market capitalization of C$97.89 billion, a price-to-earnings ratio of 13.82, a PEG ratio of 1.33 and a beta of 0.97. The stock’s 50 day moving average is C$74.65 and its 200-day moving average is C$68.39. Bank of Nova Scotia has a 12 month low of C$59.62 and a 12 month high of C$80.14.

Bank of Nova Scotia Dividend Announcement

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

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.