Bank of Nova Scotia (BNS) Expected to Announce Quarterly Earnings on Tuesday

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) is anticipated to announce its Q1 2026 results before the market opens on Tuesday, February 24th. Analysts expect the company to announce earnings of $1.40 per share and revenue of $6.9884 billion for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, February 24, 2026 at 8:00 AM ET.

Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last posted its earnings results on Tuesday, December 2nd. The bank reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.06. Bank of Nova Scotia had a return on equity of 12.10% and a net margin of 10.60%.The firm had revenue of $6.99 billion for the quarter, compared to analysts’ expectations of $6.85 billion. During the same period in the previous year, the firm earned $1.57 earnings per share. The business’s revenue was up 15.0% compared to the same quarter last year. On average, analysts expect Bank of Nova Scotia to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Bank of Nova Scotia Stock Performance

Shares of BNS stock opened at $77.31 on Friday. The firm has a market capitalization of $95.31 billion, a price-to-earnings ratio of 19.23, a PEG ratio of 1.05 and a beta of 1.11. The stock has a fifty day moving average of $74.39 and a 200 day moving average of $67.89. Bank of Nova Scotia has a 52 week low of $44.09 and a 52 week high of $78.28. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.70.

Bank of Nova Scotia Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Tuesday, January 6th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Tuesday, January 6th. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 79.85%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Raymond James Financial started coverage on shares of Bank of Nova Scotia in a research report on Tuesday, November 25th. They set an “outperform” rating on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bank of Nova Scotia in a research report on Monday, December 29th. Finally, Royal Bank Of Canada increased their target price on Bank of Nova Scotia from $86.00 to $97.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $97.00.

Hedge Funds Weigh In On Bank of Nova Scotia

Several large investors have recently made changes to their positions in the business. FIL Ltd increased its position in Bank of Nova Scotia by 49.5% during the fourth quarter. FIL Ltd now owns 16,489,540 shares of the bank’s stock valued at $1,216,157,000 after acquiring an additional 5,461,052 shares during the last quarter. AQR Capital Management LLC boosted its position in Bank of Nova Scotia by 3,120.1% in the fourth quarter. AQR Capital Management LLC now owns 3,556,295 shares of the bank’s stock worth $262,284,000 after purchasing an additional 3,445,856 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new stake in shares of Bank of Nova Scotia during the 3rd quarter valued at about $138,394,000. The Manufacturers Life Insurance Company increased its position in shares of Bank of Nova Scotia by 27.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 6,969,396 shares of the bank’s stock valued at $515,094,000 after purchasing an additional 1,505,221 shares during the last quarter. Finally, BCV Asset Management Inc. purchased a new stake in shares of Bank of Nova Scotia during the 4th quarter valued at about $71,149,000. 49.13% of the stock is currently owned by hedge funds and other institutional investors.

About Bank of Nova Scotia

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.