Q3 EPS Estimates for BNS Reduced by National Bank Financial

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Investment analysts at National Bank Financial lowered their Q3 2025 EPS estimates for Bank of Nova Scotia in a research note issued on Tuesday, February 25th. National Bank Financial analyst G. Dechaine now forecasts that the bank will earn $1.18 per share for the quarter, down from their previous forecast of $1.20. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.91 per share. National Bank Financial also issued estimates for Bank of Nova Scotia’s Q4 2025 earnings at $1.25 EPS and FY2026 earnings at $5.74 EPS.

Several other analysts have also recently weighed in on BNS. Barclays raised shares of Bank of Nova Scotia from an “underweight” rating to an “equal weight” rating in a research note on Thursday, November 21st. Canaccord Genuity Group raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research note on Tuesday, November 19th. Royal Bank of Canada decreased their price objective on shares of Bank of Nova Scotia from $83.00 to $81.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Cibc World Mkts cut shares of Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Finally, Bank of America raised shares of Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $75.50.

Bank of Nova Scotia Price Performance

Shares of Bank of Nova Scotia stock opened at $50.45 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $62.84 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 1.16 and a beta of 1.07. Bank of Nova Scotia has a 1-year low of $43.67 and a 1-year high of $57.07. The firm’s 50-day moving average price is $51.79 and its two-hundred day moving average price is $52.37.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BNS. Blue Trust Inc. lifted its stake in shares of Bank of Nova Scotia by 171.6% in the 3rd quarter. Blue Trust Inc. now owns 1,578 shares of the bank’s stock valued at $86,000 after purchasing an additional 997 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Bank of Nova Scotia in the 3rd quarter valued at $221,000. Assenagon Asset Management S.A. raised its stake in Bank of Nova Scotia by 110.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 91,862 shares of the bank’s stock worth $5,011,000 after buying an additional 48,147 shares during the period. Pathway Financial Advisers LLC raised its stake in Bank of Nova Scotia by 5,380.9% during the 3rd quarter. Pathway Financial Advisers LLC now owns 3,972,234 shares of the bank’s stock worth $216,447,000 after buying an additional 3,899,760 shares during the period. Finally, First Trust Direct Indexing L.P. raised its stake in Bank of Nova Scotia by 12.5% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 7,890 shares of the bank’s stock worth $430,000 after buying an additional 878 shares during the period. Institutional investors and hedge funds own 49.13% of the company’s stock.

Bank of Nova Scotia Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Tuesday, April 1st will be paid a $0.7415 dividend. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend is Tuesday, April 1st. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 68.06%.

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.