Bank of Nova Scotia (NYSE:BNS) Announces Earnings Results, Beats Estimates By $0.11 EPS

Posted by Geri Gentry on Aug 25th, 2026

Bank of Nova Scotia (NYSE:BNS – Get Free Report) (TSE:BNS) released its quarterly earnings results on Tuesday. The bank reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.11, Zacks reports. Bank of Nova Scotia had a return on equity of 13.16% and a net margin of 13.38%.

Bank of Nova Scotia Stock Performance

NYSE:BNS opened at $86.82 on Tuesday. The stock has a 50-day simple moving average of $87.62 and a two-hundred day simple moving average of $79.69. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.04 and a current ratio of 1.04. Bank of Nova Scotia has a 52-week low of $57.23 and a 52-week high of $92.04. The firm has a market capitalization of $105.82 billion, a PE ratio of 16.57, a P/E/G ratio of 1.08 and a beta of 1.11.

Hedge Funds Weigh In On Bank of Nova Scotia

A number of hedge funds have recently modified their holdings of BNS. Swiss RE Ltd. bought a new position in Bank of Nova Scotia in the 4th quarter worth $30,000. Brown Brothers Harriman & Co. bought a new stake in Bank of Nova Scotia during the fourth quarter valued at about $34,000. Quarry LP purchased a new position in shares of Bank of Nova Scotia in the third quarter valued at about $35,000. Virtus Advisers LLC bought a new position in shares of Bank of Nova Scotia in the third quarter worth about $39,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Bank of Nova Scotia during the third quarter worth about $45,000. 49.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on BNS. Royal Bank Of Canada lifted their price target on shares of Bank of Nova Scotia from $98.00 to $117.00 and gave the company a “sector perform” rating in a research report on Thursday, May 28th. Keefe, Bruyette & Woods started coverage on shares of Bank of Nova Scotia in a report on Friday. They set an “outperform” rating for the company. Finally, Weiss Ratings downgraded Bank of Nova Scotia from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, August 18th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.00.

Check Out Our Latest Research Report on BNS

Bank of Nova Scotia Company Profile

(Get Free Report)

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.