Equities Analysts Offer Predictions for BNS Q2 Earnings

The Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) – Analysts at Desjardins decreased their Q2 2025 earnings per share (EPS) estimates for Bank of Nova Scotia in a research note issued on Tuesday, February 25th. Desjardins analyst D. Young now forecasts that the bank will earn $1.14 per share for the quarter, down from their prior estimate of $1.23. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $4.91 per share. Desjardins also issued estimates for Bank of Nova Scotia’s Q3 2025 earnings at $1.34 EPS, Q4 2025 earnings at $1.34 EPS and FY2026 earnings at $5.57 EPS.

Several other research firms also recently issued reports on BNS. Canaccord Genuity Group raised Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. Canaccord Genuity Group raised Bank of Nova Scotia from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th. Bank of America raised Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 19th. Cibc World Mkts downgraded Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 18th. Finally, Barclays raised Bank of Nova Scotia from an “underweight” rating to an “equal weight” rating in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $75.50.

Bank of Nova Scotia Stock Performance

Shares of BNS stock opened at $50.45 on Thursday. The business’s fifty day simple moving average is $51.79 and its 200-day simple moving average is $52.37. The company has a market cap of $62.84 billion, a PE ratio of 11.68, a PEG ratio of 1.16 and a beta of 1.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. 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 company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.7415 per share. This represents a $2.97 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Tuesday, April 1st. Bank of Nova Scotia’s payout ratio is currently 68.06%.

Institutional Investors Weigh In On Bank of Nova Scotia

Several hedge funds have recently modified their holdings of the company. Norges Bank purchased a new position in Bank of Nova Scotia in the 4th quarter valued at about $690,746,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Bank of Nova Scotia by 260.1% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 5,480,486 shares of the bank’s stock valued at $298,575,000 after buying an additional 3,958,580 shares in the last quarter. Pathway Financial Advisers LLC lifted its stake in Bank of Nova Scotia by 5,380.9% in the 3rd quarter. Pathway Financial Advisers LLC now owns 3,972,234 shares of the bank’s stock valued at $216,447,000 after buying an additional 3,899,760 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Bank of Nova Scotia by 24.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,757,961 shares of the bank’s stock valued at $640,624,000 after buying an additional 2,346,995 shares in the last quarter. Finally, Toronto Dominion Bank raised its holdings in Bank of Nova Scotia by 9.6% in the 3rd quarter. Toronto Dominion Bank now owns 24,990,868 shares of the bank’s stock valued at $1,361,752,000 after acquiring an additional 2,195,604 shares during the last quarter. 49.13% of the stock is owned by hedge funds and other institutional investors.

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.