Bank of Nova Scotia Future Growth

Future criteria checks 1/6

Bank of Nova Scotia is forecast to grow earnings and revenue by 8.6% and 10.2% per annum respectively. EPS is expected to grow by 10.2% per annum. Return on equity is forecast to be 12.6% in 3 years.

Key information

8.6%

Earnings growth rate

10.2%

EPS growth rate

Banks earnings growth	15.6%
Revenue growth rate	10.2%
Future return on equity	12.6%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BOVESPA:BNSB34 - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	38,431	9,503	N/A	N/A	7
10/31/2025	35,919	8,264	N/A	N/A	10
10/31/2024	33,868	7,652	N/A	N/A	8
7/31/2024	29,599	7,051	30,050	30,571	N/A
4/30/2024	29,535	7,362	35,172	35,776	N/A
1/31/2024	29,399	7,437	30,594	31,126	N/A
10/31/2023	29,252	6,991	11,804	12,246	N/A
7/31/2023	28,640	7,654	-33,277	-32,811	N/A
4/30/2023	28,779	8,091	-53,902	-53,457	N/A
1/31/2023	29,298	8,668	-72,231	-71,649	N/A
10/31/2022	29,801	9,656	-79,533	-78,962	N/A
7/31/2022	30,447	10,118	-67,828	-67,243	N/A
4/30/2022	30,437	10,040	-64,214	-63,736	N/A
1/31/2022	29,954	9,734	-96,027	-95,565	N/A
10/31/2021	29,435	9,391	-91,838	-91,376	N/A
7/31/2021	28,299	8,725	-65,729	-65,255	N/A
4/30/2021	26,475	7,631	-71,265	-70,715	N/A
1/31/2021	25,345	6,585	25,186	25,907	N/A
10/31/2020	25,252	6,582	27,911	28,682	N/A
7/31/2020	26,093	6,974	-4,645	-3,929	N/A
4/30/2020	27,486	7,481	-8,403	-7,918	N/A
1/31/2020	28,306	8,363	-68,642	-68,378	N/A
10/31/2019	27,882	8,208	-72,916	-72,730	N/A
7/31/2019	27,650	8,185	-69,172	-68,939	N/A
4/30/2019	26,942	8,302	-53,012	-52,607	N/A
1/31/2019	26,536	8,219	-33,038	-32,629	N/A
10/31/2018	26,164	8,361	-22,943	-22,527	N/A
7/31/2018	25,582	8,233	-15,553	-15,332	N/A
4/30/2018	25,665	8,293	N/A	-7,583	N/A
1/31/2018	25,135	8,216	N/A	-27,071	N/A
10/31/2017	24,906	7,876	N/A	-10,932	N/A
7/31/2017	24,831	7,798	N/A	-6,639	N/A
4/30/2017	24,579	7,642	N/A	-7,383	N/A
1/31/2017	24,427	7,166	N/A	-1,096	N/A
10/31/2016	23,938	6,987	N/A	-2,166	N/A
7/31/2016	23,311	6,833	N/A	-13,387	N/A
4/30/2016	22,886	6,740	N/A	-103	N/A
1/31/2016	22,533	6,978	N/A	-2,814	N/A
10/31/2015	22,107	6,897	N/A	2,511	N/A
7/31/2015	21,706	6,486	N/A	9,731	N/A
4/30/2015	22,151	6,986	N/A	-6,313	N/A
1/31/2015	22,012	6,958	N/A	-6,151	N/A
10/31/2014	21,901	6,916	N/A	-15,280	N/A
7/31/2014	21,807	7,140	N/A	-23,822	N/A
4/30/2014	20,919	6,510	N/A	-6,584	N/A
1/31/2014	20,439	6,278	N/A	88	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BNSB34's forecast earnings growth (8.6% per year) is below the savings rate (10.4%).

Earnings vs Market: BNSB34's earnings (8.6% per year) are forecast to grow slower than the BR market (12.6% per year).

High Growth Earnings: BNSB34's earnings are forecast to grow, but not significantly.

Revenue vs Market: BNSB34's revenue (10.2% per year) is forecast to grow faster than the BR market (7.4% per year).

High Growth Revenue: BNSB34's revenue (10.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BNSB34's Return on Equity is forecast to be low in 3 years time (12.6%).