Desjardins Cuts Earnings Estimates for Bank of Nova Scotia

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Equities research analysts at Desjardins lowered their Q3 2025 EPS estimates for Bank of Nova Scotia in a report released on Tuesday, August 12th. Desjardins analyst D. Young now expects that the bank will post earnings of $1.72 per share for the quarter, down from their prior forecast of $1.74. Desjardins has a “Hold” rating and a $79.00 price objective on the stock. 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 FY2026 earnings at $7.80 EPS.

BNS has been the subject of several other research reports. TD Securities boosted their target price on Bank of Nova Scotia from C$77.00 to C$79.00 and gave the company a “buy” rating in a research report on Wednesday, May 28th. Royal Bank Of Canada decreased their price target on Bank of Nova Scotia from C$81.00 to C$80.00 and set a “sector perform” rating for the company in a research note on Monday, June 9th. Canaccord Genuity Group boosted their price objective on Bank of Nova Scotia from C$81.00 to C$85.00 in a report on Tuesday, July 22nd. Jefferies Financial Group increased their target price on Bank of Nova Scotia from C$75.00 to C$83.00 in a research note on Wednesday. Finally, Barclays decreased their target price on Bank of Nova Scotia from C$81.00 to C$78.00 and set an “equal weight” rating for the company in a research report on Monday, June 9th. Ten investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$78.29.

Bank of Nova Scotia Trading Up 0.4%

Shares of TSE:BNS opened at C$78.01 on Thursday. Bank of Nova Scotia has a 12 month low of C$62.47 and a 12 month high of C$80.14. The company has a market capitalization of C$95.60 billion, a price-to-earnings ratio of 12.33, a PEG ratio of 1.33 and a beta of 0.97. The firm’s 50-day moving average is C$75.52 and its 200 day moving average is C$71.87.

Bank of Nova Scotia Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Investors of record on Tuesday, July 29th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 5.6%. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Wednesday, July 2nd. Bank of Nova Scotia’s payout ratio is currently 67.00%.

Bank of Nova Scotia Company Profile

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.