Bank of Nova Scotia (BNS) Stock Forecast & Price Target
$116.84B
Market Cap
16.93
P/E
11.22
Forward P/E
—
Score
BNS price $95.86 +1.32 +1.40%
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 25936000000 | 26748000000 | 28216000000 | 30236000000 | 31292000000 | 30913000000 | 31148000000 | 31787000000 | 29483000000 | 73177000000 |
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. The company offers financial advice and solutions, and banking products, including debit and credit…
BNS fair value Not meaningful. Price $95.86.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
No estimate. Cash-flow models don't suit banks
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-12-02 | — | 1.59 | — | 7.32B |
| 2026-08-25 | 1.64 | 1.53 | 7.52B | 7.11B |
| 2026-05-27 | 1.47 | 1.42 | 7.24B | 7.13B |
| 2026-02-24 | 1.48 | 1.42 | 7.40B | 7.13B |
| 2025-12-02 | 1.39 | 1.33 | 12.99B | 6.99B |
| 2025-08-26 | 1.37 | 1.28 | 13.03B | 6.82B |
| 2025-05-27 | 1.06 | 1.14 | 13.00B | 6.75B |
| 2025-02-25 | 1.22 | 1.17 | 12.93B | 6.29B |
| 2024-12-03 | 1.15 | 1.16 | 13.57B | 6.23B |
| 2024-08-27 | 1.19 | 1.19 | 13.89B | 4.66B |
| 2024-05-28 | 1.16 | 1.14 | 13.58B | 4.63B |
| 2024-02-27 | 1.25 | 1.19 | 6.24B | 4.52B |
| 2023-11-28 | 0.93 | 1.19 | 5.76B | 4.47B |
| 2023-08-29 | 1.30 | 1.28 | 6.02B | 4.43B |
| 2023-05-24 | 1.25 | 1.32 | 5.78B | 4.39B |
| 2023-02-28 | 1.37 | 1.52 | 5.96B | 6.22B |
| 2022-11-29 | 1.55 | 1.49 | 5.56B | 5.91B |
| 2022-08-23 | 2.10 | 2.11 | 6.04B | 6.38B |
| 2022-05-25 | 2.18 | 1.95 | 6.12B | 6.12B |
| 2022-03-01 | 2.15 | 2.04 | 6.27B | 6.20B |
| 2021-11-30 | 1.66 | 1.53 | 6.14B | 6.23B |
| 2021-08-24 | 2.01 | 1.90 | 6.15B | 5.46B |
| 2021-06-01 | 1.90 | 1.76 | 6.19B | 5.46B |
| 2021-02-23 | 1.88 | 1.57 | 6.26B | 6.43B |
| 2020-12-01 | 1.10 | 0.92 | 5.62B | 6.19B |
| 2020-08-25 | 0.75 | 0.82 | 5.71B | 8.25B |
| 2020-05-26 | 0.76 | 0.71 | 5.64B | 7.57B |
| 2020-02-25 | 1.38 | 1.34 | 5.89B | 7.68B |
| 2019-11-26 | 1.38 | 1.38 | 5.93B | 7.81B |
| 2019-08-27 | 1.41 | 1.37 | 5.42B | 7.31B |
| 2019-05-28 | 1.28 | 1.29 | 5.55B | 7.85B |
| 2019-02-26 | 1.32 | 1.42 | 5.68B | 7.76B |
| 2018-11-27 | 1.35 | 1.35 | 5.55B | 7.32B |
| 2018-08-28 | 1.36 | 1.37 | 5.42B | 7.18B |
| 2018-05-29 | 1.71 | 1.68 | 5.37B | 6.93B |
| 2018-02-27 | 1.75 | 1.68 | 5.65B | 6.69B |
| 2017-11-28 | 1.65 | 1.66 | 5.24B | 6.76B |
| 2017-08-29 | 1.27 | 1.29 | 5.38B | 6.66B |
| 2017-05-30 | 1.23 | 1.15 | 4.76B | 6.19B |
| 2017-02-28 | 1.19 | 1.17 | 5.19B | 6.73B |
Yield 3.33%. Payout ratio 59.61%. Frequency Quarterly.
Safety score 76/100 · Safe. Payout ratio is 60% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 25 separate years. Yield is 3.3%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-10-06 | $0.80 | 2026-10-06 | 2026-10-28 | Quarterly |
| 2026-07-07 | $0.80 | 2026-07-07 | 2026-07-29 | Quarterly |
| 2026-04-07 | $0.79 | 2026-04-07 | 2026-04-28 | Quarterly |
| 2026-01-06 | $0.80 | 2026-01-06 | 2026-01-28 | Quarterly |
| 2025-10-07 | $0.79 | 2025-10-07 | 2025-10-29 | Quarterly |
| 2025-07-02 | $0.81 | 2025-07-02 | 2025-07-29 | Quarterly |
| 2025-04-01 | $0.74 | 2025-04-01 | 2025-04-28 | Irregular |
| 2025-01-07 | $0.74 | 2025-01-07 | 2025-01-29 | Quarterly |
| 2024-10-02 | $0.79 | 2024-10-02 | 2024-10-29 | Quarterly |
| 2024-07-03 | $0.78 | 2024-07-03 | 2024-07-29 | Quarterly |
| 2024-04-01 | $0.78 | 2024-04-02 | 2024-04-26 | Quarterly |
| 2024-01-02 | $0.80 | 2024-01-03 | 2024-01-29 | Quarterly |
| 2023-10-02 | $0.78 | 2023-10-03 | 2023-10-27 | Irregular |
| 2023-07-03 | $0.80 | 2023-07-05 | 2023-07-27 | Quarterly |
| 2023-04-03 | $0.76 | 2023-04-04 | 2023-04-26 | Quarterly |
| 2023-01-03 | $0.76 | 2023-01-04 | 2023-01-27 | Quarterly |
| 2022-10-03 | $0.74 | 2022-10-04 | 2022-10-27 | Quarterly |
| 2022-07-04 | $0.80 | 2022-07-05 | 2022-07-27 | Quarterly |
| 2022-04-04 | $0.80 | 2022-04-05 | 2022-04-27 | Quarterly |
| 2021-12-31 | $0.79 | 2022-01-04 | 2022-01-27 | Quarterly |
| 2021-10-04 | $0.71 | 2021-10-05 | 2021-10-27 | Quarterly |
| 2021-07-05 | $0.73 | 2021-07-06 | 2021-07-28 | Quarterly |
| 2021-04-05 | $0.72 | 2021-04-06 | 2021-04-28 | Quarterly |
| 2021-01-04 | $0.71 | 2021-01-05 | 2021-01-27 | Quarterly |
| 2020-10-05 | $0.68 | 2020-10-06 | 2020-10-28 | Quarterly |
| 2020-07-06 | $0.66 | 2020-07-07 | 2020-07-29 | Quarterly |
| 2020-04-06 | $0.63 | 2020-04-07 | 2020-04-28 | Quarterly |
| 2020-01-06 | $0.69 | 2020-01-07 | 2020-01-29 | Quarterly |
| 2019-09-30 | $0.68 | 2019-10-01 | 2019-10-29 | Quarterly |
| 2019-06-28 | $0.66 | 2019-07-02 | 2019-07-29 | Quarterly |
| 2019-04-01 | $0.65 | 2019-04-02 | 2019-04-26 | Quarterly |
| 2018-12-31 | $0.62 | 2019-01-02 | 2019-01-29 | Quarterly |
| 2018-10-01 | $0.66 | 2018-10-02 | 2018-10-29 | Quarterly |
| 2018-06-29 | $0.62 | 2018-07-03 | 2018-07-27 | Quarterly |
| 2018-04-02 | $0.64 | 2018-04-03 | 2018-04-26 | Quarterly |
| 2017-12-29 | $0.63 | 2018-01-02 | 2018-01-29 | Quarterly |
| 2017-10-02 | $0.63 | 2017-10-03 | 2017-10-27 | Quarterly |
| 2017-06-29 | $0.58 | 2017-07-04 | 2017-07-27 | Quarterly |
| 2017-03-31 | $0.57 | 2017-04-04 | 2017-04-26 | Quarterly |
| 2016-12-29 | $0.55 | 2017-01-03 | 2017-01-27 | Quarterly |
| 2016-09-30 | $0.56 | 2016-10-04 | 2016-10-27 | Quarterly |
| 2016-06-30 | $0.56 | 2016-07-05 | 2016-07-27 | Quarterly |
| 2016-04-01 | $0.55 | 2016-04-05 | 2016-04-27 | Quarterly |
| 2015-12-31 | $0.50 | 2016-01-05 | 2016-01-27 | Irregular |
| 2015-10-02 | $0.53 | 2015-10-06 | 2015-10-28 | Quarterly |
| 2015-07-02 | $0.58 | 2015-07-07 | 2015-07-29 | Quarterly |
| 2015-04-02 | $0.54 | 2015-04-07 | 2015-04-28 | Quarterly |
| 2015-01-02 | $0.57 | 2015-01-06 | 2015-01-28 | Quarterly |
| 2014-10-03 | $0.59 | 2014-10-07 | 2014-10-29 | Quarterly |
| 2014-06-27 | $0.60 | 2014-07-02 | 2014-07-29 | Quarterly |
| 2014-03-28 | $0.58 | 2014-04-01 | 2014-04-28 | Irregular |
| 2014-03-28 | $0.58 | 2014-04-01 | 2014-04-28 | Quarterly |
| 2014-01-03 | $0.58 | 2014-01-07 | 2014-01-29 | Quarterly |
| 2013-09-27 | $0.60 | 2013-10-01 | 2013-10-29 | Quarterly |
| 2013-06-28 | $0.57 | 2013-07-02 | 2013-07-29 | Irregular |
| 2013-03-28 | $0.58 | 2013-04-02 | 2013-04-26 | Quarterly |
| 2012-12-28 | $0.57 | 2013-01-02 | 2013-01-29 | Quarterly |
| 2012-09-28 | $0.58 | 2012-10-02 | 2012-10-29 | Quarterly |
| 2012-06-29 | $0.54 | 2012-07-03 | 2012-07-27 | Irregular |
| 2012-03-30 | $0.55 | 2012-04-03 | 2012-04-26 | Quarterly |
| 2011-12-29 | $0.51 | 2012-01-03 | 2012-01-27 | Quarterly |
| 2011-09-30 | $0.50 | 2011-10-04 | 2011-10-27 | Quarterly |
| 2011-06-30 | $0.53 | 2011-07-05 | 2011-07-27 | Quarterly |
| 2011-04-01 | $0.54 | — | 2011-04-27 | Quarterly |
| 2010-12-31 | $0.49 | 2011-01-04 | 2011-01-27 | Irregular |
| 2010-10-01 | $0.47 | — | 2010-10-27 | Quarterly |
| 2010-07-01 | $0.47 | 2010-07-06 | 2010-07-28 | Quarterly |
| 2010-04-01 | $0.48 | — | 2010-04-28 | Quarterly |
| 2009-12-31 | $0.47 | 2010-01-05 | 2010-01-27 | Irregular |
| 2009-10-02 | $0.46 | 2009-10-06 | 2009-10-28 | Quarterly |
| 2009-07-02 | $0.42 | 2009-07-07 | 2009-07-29 | Quarterly |
| 2009-04-03 | $0.39 | 2009-04-07 | 2009-04-28 | Quarterly |
| 2009-01-02 | $0.39 | 2009-01-06 | 2009-01-28 | Quarterly |
| 2008-10-03 | $0.46 | 2008-10-07 | 2008-10-29 | Quarterly |
| 2008-06-30 | $0.49 | — | — | Irregular |
| 2008-03-28 | $0.47 | 2008-04-01 | 2008-04-28 | Quarterly |
| 2007-12-28 | $0.47 | 2008-01-02 | 2008-01-29 | Quarterly |
| 2007-09-28 | $0.45 | 2007-10-02 | 2007-10-29 | Quarterly |
| 2007-06-29 | $0.42 | — | — | Irregular |
| 2007-03-30 | $0.36 | 2007-04-03 | 2007-04-26 | Quarterly |
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| No data yet. | |||||
Latest filed quarter: Q2 2026.
Institutions holding: 572, holders +29 vs prior quarter. Ownership 62.86%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| ROYAL BANK OF CANADA | 65.85M | 61.83M | +1539.53% | 5.72B |
| BANK OF MONTREAL /CAN/ | 51.92M | -4.15M | -7.39% | 4.51B |
| VANGUARD CAPITAL MANAGEMENT LLC | 35.71M | 23.33K | +0.07% | 3.10B |
| CIBC WORLD MARKET INC. | 25.21M | 24.58M | +3902.17% | 2.19B |
| ACADIAN ASSET MANAGEMENT LLC | 18.38M | 3.36M | +22.39% | 1.60B |
| NORGES BANK | 18.39M | 18.39M | New | 1.60B |
| 1832 ASSET MANAGEMENT L.P. | 16.25M | -2.00M | -10.98% | 1.41B |
| NATIONAL BANK OF CANADA /FI/ | 15.69M | -723.07K | -4.41% | 1.36B |
| GEODE CAPITAL MANAGEMENT, LLC | 14.31M | 1.47M | +11.46% | 1.28B |
| ROYAL BANK OF CANADA | 14.45M | 10.43M | +259.71% | 1.25B |
| TD ASSET MANAGEMENT INC | 14.09M | -5.09M | -26.54% | 1.22B |
| SCOTIA CAPITAL INC. | 12.94M | -486.79K | -3.63% | 1.12B |
| TORONTO DOMINION BANK | 12.50M | 11.61M | +1297.72% | 1.09B |
| MACKENZIE FINANCIAL CORP | 8.65M | 8.24K | +0.10% | 1.07B |
| FIL LTD | 12.25M | 3.21M | +35.46% | 1.06B |
| CANADA PENSION PLAN INVESTMENT BOARD | 11.71M | 2.60M | +28.48% | 1.02B |
| VANGUARD FIDUCIARY TRUST CO | 10.92M | -46.19K | -0.42% | 949.46M |
| CIBC ASSET MANAGEMENT INC | 10.76M | 1.96M | +22.33% | 938.05M |
| JPMORGAN CHASE & CO | 10.73M | -108.50K | -1.00% | 929.47M |
| VANGUARD GLOBAL ADVISERS, LLC | 9.46M | 685.80K | +7.81% | 822.46M |
| TD WATERHOUSE CANADA INC. | 9.04M | -629.16K | -6.50% | 791.30M |
| LEGAL & GENERAL GROUP PLC | 8.17M | -225.45K | -2.69% | 709.84M |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC | 7.59M | -142.30K | -1.84% | 657.14M |
| BARCLAYS PLC | 7.05M | 2.04M | +40.80% | 611.92M |
| MORGAN STANLEY | 6.72M | 2.60M | +62.88% | 583.92M |
Consensus Hold from 14 analysts. Average price target $72.15, -24.7% versus the current price. Low $67.00. High $75.60.
Insights · Dividends · Forecast · Financials · Learn
Analysts have an average 12-month price target of $72.15 for The Bank of Nova Scotia (BNS), 24.9% below the current price of $96.03. Of 14 analysts covering the stock, 5 rate it Buy or Strong Buy, 8 Hold, and 1 Sell or Strong Sell, giving a consensus of Hold.
Forecasts are third-party estimates and often wrong. They are not investment advice.
| Low | $67.00 |
|---|---|
| Average | $72.15 |
| High | $75.60 |
The average is 24.9% below the current price of $96.03.
Of 14 analysts, 5 rate The Bank of Nova Scotia Buy or Strong Buy, 8 Hold, and 1 Sell or Strong Sell. The consensus label is Hold. That split is not a recommendation.
Analyst averages on file: 2026, EPS $8.55, revenue $40.63 billion. 2027, EPS $9.52, revenue $42.60 billion.
The Stocklytics Score, when it is published for BNS, averages value, quality, and growth on a 0–100 scale. It is not a price target. Fair value is a separate estimate on the fair value tab.
$72.15 average, with a published range of $67.00 to $75.60.
The consensus is Hold from 14 analysts. This is not a recommendation.
Analysts' average EPS estimate for 2026 on file is $8.55. The average revenue estimate is $40.63 billion.
No reliable forecast exists that far out.
The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.
Related: The Bank of Nova Scotia · Financials · Dividends · Compare · AI stocks
Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.
$116.84B
Market Cap
16.93
P/E
11.22
Forward P/E
—
Score