Desjardins Expects Reduced Earnings for Bank of Nova Scotia

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Analysts at Desjardins decreased their Q3 2025 earnings per share estimates for Bank of Nova Scotia in a research report issued on Tuesday, May 27th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $1.74 for the quarter, down from their prior forecast of $1.92. 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 Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $6.80 EPS and FY2026 earnings at $7.70 EPS.

A number of other brokerages have also commented on BNS. CIBC lifted their price target on Bank of Nova Scotia from C$75.00 to C$77.00 in a report on Thursday, May 22nd. Jefferies Financial Group lifted their price target on Bank of Nova Scotia from C$70.00 to C$75.00 and gave the stock a “hold” rating in a report on Wednesday. Bank of America lowered Bank of Nova Scotia from a “buy” rating to a “neutral” rating and dropped their price target for the stock from C$82.00 to C$70.00 in a report on Monday, March 31st. UBS Group dropped their price target on Bank of Nova Scotia from C$85.00 to C$78.00 in a report on Thursday, May 22nd. Finally, Cibc World Mkts lowered Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Nine investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Bank of Nova Scotia presently has a consensus rating of “Hold” and a consensus price target of C$77.00.

Bank of Nova Scotia Trading Up 0.3%

Shares of Bank of Nova Scotia stock opened at C$73.78 on Friday. The business’s fifty day simple moving average is C$68.55 and its 200 day simple moving average is C$72.39. The firm has a market capitalization of C$90.41 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. Bank of Nova Scotia has a 12 month low of C$60.68 and a 12 month high of C$80.14.

Bank of Nova Scotia Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Monday, April 28th were given a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend was Tuesday, April 1st. Bank of Nova Scotia’s dividend payout ratio is currently 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.