Bank of Nova Scotia (TSE:BNS) Announces Earnings Results

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) announced its quarterly earnings data on Wednesday. The bank reported C$2.02 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$9.85 billion for the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%.

Bank of Nova Scotia Price Performance

BNS stock opened at C$111.00 on Wednesday. The business has a fifty day moving average price of C$101.93 and a 200 day moving average price of C$100.74. Bank of Nova Scotia has a fifty-two week low of C$70.49 and a fifty-two week high of C$111.39. The stock has a market capitalization of C$136.69 billion, a price-to-earnings ratio of 16.47, a P/E/G ratio of 1.33 and a beta of 1.23.

Bank of Nova Scotia Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 28th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, April 7th. Bank of Nova Scotia’s payout ratio is presently 64.69%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BNS shares. BMO Capital Markets increased their target price on shares of Bank of Nova Scotia from C$98.00 to C$101.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada cut their target price on Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 25th. National Bank Financial upped their target price on Bank of Nova Scotia from C$100.00 to C$106.00 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Canaccord Genuity Group cut their target price on Bank of Nova Scotia from C$110.00 to C$108.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. Finally, TD upped their target price on Bank of Nova Scotia from C$111.00 to C$112.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of C$107.77.

About Bank of Nova Scotia

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).