Q1 Earnings Estimate for BNS Issued By Desjardins

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Research analysts at Desjardins issued their Q1 2025 EPS estimates for shares of Bank of Nova Scotia in a report released on Tuesday, December 3rd. Desjardins analyst D. Young anticipates that the bank will post earnings of $1.18 per share for the quarter. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $5.06 per share. Desjardins also issued estimates for Bank of Nova Scotia’s Q4 2025 earnings at $1.31 EPS and FY2025 earnings at $5.01 EPS.

BNS has been the topic of several other reports. Bank of America raised shares of Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 19th. Barclays raised shares of Bank of Nova Scotia from an “underweight” rating to an “equal weight” rating in a research report on Thursday, November 21st. Royal Bank of Canada lifted their target price on shares of Bank of Nova Scotia from $65.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Wednesday. UBS Group raised shares of Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research report on Monday, November 18th. Finally, Canaccord Genuity Group raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.00.

Bank of Nova Scotia Stock Performance

Shares of BNS opened at $55.82 on Friday. The firm’s 50 day moving average is $53.90 and its 200-day moving average is $49.92. The stock has a market capitalization of $69.46 billion, a P/E ratio of 12.92, a P/E/G ratio of 1.41 and a beta of 1.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.02 and a quick ratio of 1.02. Bank of Nova Scotia has a 12-month low of $43.67 and a 12-month high of $57.07.

Bank of Nova Scotia Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Tuesday, January 7th will be issued a dividend of $0.7535 per share. This represents a $3.01 annualized dividend and a dividend yield of 5.40%. The ex-dividend date of this dividend is Tuesday, January 7th. Bank of Nova Scotia’s dividend payout ratio is currently 72.45%.

Institutional Trading of Bank of Nova Scotia

Several institutional investors have recently made changes to their positions in BNS. Mather Group LLC. boosted its holdings in shares of Bank of Nova Scotia by 1,388.9% during the second quarter. Mather Group LLC. now owns 536 shares of the bank’s stock worth $25,000 after purchasing an additional 500 shares during the period. Blue Trust Inc. boosted its holdings in shares of Bank of Nova Scotia by 3,127.8% during the second quarter. Blue Trust Inc. now owns 581 shares of the bank’s stock worth $27,000 after purchasing an additional 563 shares during the period. BNP Paribas Financial Markets lifted its stake in Bank of Nova Scotia by 1,588.2% in the third quarter. BNP Paribas Financial Markets now owns 861 shares of the bank’s stock valued at $47,000 after acquiring an additional 810 shares during the last quarter. City State Bank acquired a new stake in Bank of Nova Scotia in the third quarter valued at approximately $57,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Bank of Nova Scotia in the second quarter valued at approximately $104,000. 49.13% of the stock is currently owned by institutional investors and hedge funds.

Bank of Nova Scotia Company Profile

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.