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

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

Bank of Nova Scotia Stock Performance

BNS stock opened at C$111.57 on Thursday. The stock’s 50 day simple moving average is C$102.24 and its 200 day simple moving average is C$100.87. Bank of Nova Scotia has a fifty-two week low of C$71.91 and a fifty-two week high of C$113.57. The company has a market cap of C$137.39 billion, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 1.33 and a beta of 1.23.

Bank of Nova Scotia Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, April 7th. Bank of Nova Scotia’s dividend payout ratio is 64.69%.

Key Headlines Impacting Bank of Nova Scotia

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: Scotiabank posted stronger-than-expected fiscal second-quarter results, with earnings of C$2.02 per share and revenue of C$9.85 billion, helped by growth in both Canadian and international banking. Scotiabank Beats Estimates on Its Canadian, International Units
• Positive Sentiment: The bank raised its common share dividend by 3.6% to C$1.14, reinforcing confidence in capital strength and earnings durability. Bank of Nova Scotia raises dividend by 3.6% to C$1.14
• Positive Sentiment: Management also said foreign investors are once again eyeing Canada, which could support broader capital flows and investor interest in Scotiabank as a major domestic lender. Global Investors Are Eyeing Canada Again, Scotiabank CEO Says
• Neutral Sentiment: The company filed Form 6-K updates covering capitalization, earnings coverage ratios, and interim control certifications, which appear to be routine regulatory disclosures rather than new operating news. Bank of Nova Scotia Reports April 2026 Capitalization and Strong Earnings Coverage in New Form 6-K
• Neutral Sentiment: Scotiabank also maintained market-based DRIP purchases alongside the dividend increase, a capital-management detail that is supportive but not a major new catalyst. Bank of Nova Scotia Raises Common Share Dividend and Maintains Market-Based DRIP Purchases

Analyst Ratings Changes

BNS has been the topic of a number of analyst reports. UBS Group upped their price target on Bank of Nova Scotia from C$118.00 to C$120.00 in a research report on Wednesday, February 25th. Canaccord Genuity Group reduced their price target on Bank of Nova Scotia from C$110.00 to C$108.00 and set a “hold” rating on the stock in a research report on Wednesday, May 20th. Desjardins upped their price target on Bank of Nova Scotia from C$107.00 to C$108.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada reduced their price target on Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 25th. Finally, Barclays boosted their price objective on Bank of Nova Scotia from C$106.00 to C$108.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Bank of Nova Scotia presently has an average rating of “Hold” and an average target price of C$107.77.

Bank of Nova Scotia Company Profile

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).