
BNS Stock Forecast & Price Target
BNS Analyst Ratings
Bulls say
The Bank of Nova Scotia (BNS) has demonstrated robust performance, particularly within its Global Banking and Markets (GBM) segment, which saw trading revenues increase approximately 61% quarter-over-quarter and 49% year-over-year. Furthermore, the bank's core earnings per share (EPS) are projected to grow around 5% in 2025, outpacing the peer average of 4%, indicating a positive outlook driven by strong operational execution and an improving personal and commercial banking market. Despite some fluctuations in credit card and personal loan delinquencies, management anticipates a significant recovery in transaction values, expected to nearly triple year-over-year in the fourth quarter, bolstering confidence in future revenue growth.
Bears say
The Bank of Nova Scotia is facing challenges with declining average loans, which decreased by approximately 3% year-over-year, indicating potential weakness in lending operations. Additionally, the bank's outlook for International Banking suggests lower earnings in 2025 due to unfavorable economic conditions in Latin America, including weaker currencies and slower growth. Furthermore, while the current valuation may appear attractive, the bank's projected return on equity (ROE) remains below the peer average, forecasting 11.3% compared to 12.5% for the group in 2025, underscoring a negative financial outlook.
This aggregate rating is based on analysts' research of Bank of Nova Scotia and is not a guaranteed prediction by Public.com or investment advice.
BNS Analyst Forecast & Price Prediction
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