Desjardins Predicts Reduced Earnings for Bank of Nova Scotia

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities researchers at Desjardins lowered their Q2 2025 EPS estimates for Bank of Nova Scotia in a report issued on Tuesday, February 25th. Desjardins analyst D. Young now expects that the bank will post earnings of $1.63 per share for the quarter, down from their prior estimate of $1.73. 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 Q3 2025 earnings at $1.92 EPS and Q4 2025 earnings at $1.91 EPS.

Several other brokerages have also issued reports on BNS. TD Securities cut their target price on shares of Bank of Nova Scotia from C$82.00 to C$81.00 and set a “buy” rating for the company in a research report on Wednesday, December 4th. National Bankshares boosted their price target on shares of Bank of Nova Scotia from C$66.00 to C$78.00 in a research note on Wednesday, November 20th. Royal Bank of Canada lowered their target price on Bank of Nova Scotia from C$83.00 to C$81.00 and set a “sector perform” rating for the company in a research report on Wednesday. Accountability Research set a C$82.00 price target on Bank of Nova Scotia and gave the stock a “buy” rating in a research report on Thursday, January 9th. Finally, Jefferies Financial Group lowered their target price on shares of Bank of Nova Scotia from C$81.00 to C$77.00 in a report on Tuesday, February 18th. Nine research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Bank of Nova Scotia presently has an average rating of “Hold” and a consensus target price of C$78.17.

Bank of Nova Scotia Stock Up 1.4 %

Shares of BNS opened at C$72.38 on Thursday. The company has a market capitalization of C$88.70 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The firm has a 50 day moving average of C$74.35 and a 200 day moving average of C$72.87. Bank of Nova Scotia has a twelve month low of C$60.68 and a twelve month high of C$80.14.

Bank of Nova Scotia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Tuesday, January 7th were issued a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, January 7th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 5.86%. Bank of Nova Scotia’s dividend payout ratio (DPR) is 67.00%.

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.