The Bank of Nova Scotia reports results for the quarter ended July 31 - Earnings Summary

The Bank of Nova Scotia

25/08/2026 14:31

The Bank of Nova Scotia BNS.TO reported quarterly adjusted earnings of C$2.28​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of C$1.88.  The mean expectation of fourteen analysts for the quarter was for earnings of C$2.10 per share. Wall Street expected results to range from C$2.01  to C$2.19 per share.
Revenue rose 11.1% to C$10.54 billion from a year ago; analysts expected C$9.98 billion. 
The Bank of Nova Scotia's reported EPS for the quarter was C$2.27​.
The company reported quarterly net income of C$2.78 billion.
The Bank of Nova Scotia shares had fallen by 2.4% this quarter and gained 18.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."
Wall Street's median 12-month price target for The Bank of Nova Scotia is C$126.50, about 4.9% above its last closing price of C$120.29
This summary was machine generated from LSEG data August 25 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jul. 31 2026 
2.10
2.28
Beat
Apr. 30 2026 
1.94
2.02
Beat
Jan. 31 2026 
1.95
2.05
Beat
Oct. 31 2025 
1.84
1.93
Beat