FY2026 EPS Estimate for Bank of Nova Scotia Cut by Analyst

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Analysts at Cormark decreased their FY2026 earnings per share (EPS) estimates for shares of Bank of Nova Scotia in a research report issued on Friday, February 21st. Cormark analyst L. Persaud now anticipates that the bank will post earnings per share of $7.98 for the year, down from their prior estimate of $7.99. The consensus estimate for Bank of Nova Scotia’s current full-year earnings is $7.13 per share.

Several other equities analysts have also recently issued reports on the stock. Accountability Research set a C$82.00 price target on shares of Bank of Nova Scotia and gave the company a “buy” rating in a research report on Thursday, January 9th. CIBC downgraded Bank of Nova Scotia from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from C$84.00 to C$81.00 in a report on Tuesday, February 18th. Royal Bank of Canada increased their target price on Bank of Nova Scotia from C$74.00 to C$83.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 8th. Bank of America upgraded Bank of Nova Scotia from a “neutral” rating to a “buy” rating and lifted their price target for the company from C$73.00 to C$90.00 in a research report on Tuesday, November 19th. Finally, BMO Capital Markets upped their price target on Bank of Nova Scotia from C$72.00 to C$84.00 in a research note on Monday, November 18th. Nine research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$78.33.

Bank of Nova Scotia Stock Down 1.1 %

TSE:BNS opened at C$71.40 on Monday. Bank of Nova Scotia has a twelve month low of C$60.68 and a twelve month high of C$80.14. The stock has a market cap of C$87.50 billion, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The firm’s fifty day simple moving average is C$74.45 and its 200 day simple moving average is C$72.88.

Bank of Nova Scotia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Tuesday, January 7th were paid a dividend of $1.06 per share. The ex-dividend date was Tuesday, January 7th. This represents a $4.24 annualized dividend and a yield of 5.94%. Bank of Nova Scotia’s dividend payout ratio is 67.00%.

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.