Bank of Nova Scotia Future Growth

Future criteria checks 2/6

Bank of Nova Scotia is forecast to grow earnings and revenue by 6.5% and 8.9% per annum respectively. EPS is expected to grow by 7.1% per annum. Return on equity is forecast to be 12% in 3 years.

Key information

6.5%

Earnings growth rate

7.1%

EPS growth rate

Banks earnings growth6.1%
Revenue growth rate8.9%
Future return on equity12.0%
Analyst coverage

Good

Last updated07 Jun 2024

Recent future growth updates

Recent updates

Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Jun 14
Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

May 31
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06

Jun 21
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06

With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case

Jul 07
With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case

Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03

Jun 02
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03

Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?

Apr 05
Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Sep 24
Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Sep 10
Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90

Aug 27
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90

Earnings and Revenue Growth Forecasts

TSX:BNS - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/202637,6048,873N/AN/A5
10/31/202535,5877,827N/AN/A10
10/31/202433,9527,804N/AN/A10
4/30/202429,5357,36235,17235,776N/A
1/31/202429,3997,43730,59431,126N/A
10/31/202329,2526,99111,80412,246N/A
7/31/202328,6637,673-33,277-32,811N/A
4/30/202328,7798,091-53,902-53,457N/A
1/31/202329,2988,668-72,231-71,649N/A
10/31/202229,8019,656-79,533-78,962N/A
7/31/202230,44710,118-67,828-67,243N/A
4/30/202230,43710,040-64,214-63,736N/A
1/31/202229,9549,734-96,027-95,565N/A
10/31/202129,4359,391-91,838-91,376N/A
7/31/202128,2998,725-65,729-65,255N/A
4/30/202126,4757,631-71,265-70,715N/A
1/31/202125,3456,58525,18625,907N/A
10/31/202025,2526,58227,91128,682N/A
7/31/202026,0936,974-4,645-3,929N/A
4/30/202027,4867,481-8,403-7,918N/A
1/31/202028,3068,363-68,642-68,378N/A
10/31/201927,8828,208-72,916-72,730N/A
7/31/201927,6508,185-69,172-68,939N/A
4/30/201926,9428,302-53,012-52,607N/A
1/31/201926,5368,219-33,038-32,629N/A
10/31/201826,1648,361-22,943-22,527N/A
7/31/201825,5828,233-15,553-15,332N/A
4/30/201825,6658,293-7,698-7,583N/A
1/31/201825,1358,216N/A-27,071N/A
10/31/201724,9067,876N/A-10,932N/A
7/31/201724,8317,798N/A-6,639N/A
4/30/201724,5797,642N/A-7,383N/A
1/31/201724,4277,166N/A-1,096N/A
10/31/201623,9386,987N/A-2,166N/A
7/31/201623,3116,833N/A-13,387N/A
4/30/201622,8866,740N/A-103N/A
1/31/201622,5336,978N/A-2,814N/A
10/31/201522,1076,897N/A2,511N/A
7/31/201521,7066,486N/A9,731N/A
4/30/201522,1516,986N/A-6,313N/A
1/31/201522,0126,958N/A-6,151N/A
10/31/201421,9016,916N/A-15,280N/A
7/31/201421,8077,140N/A-23,822N/A
4/30/201420,9196,510N/A-6,584N/A
1/31/201420,4396,278N/A88N/A
10/31/201320,0116,162N/A2,926N/A
7/31/201319,4755,993N/A-2,667N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BNS's forecast earnings growth (6.5% per year) is above the savings rate (2.1%).

Earnings vs Market: BNS's earnings (6.5% per year) are forecast to grow slower than the Canadian market (14.7% per year).

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

Revenue vs Market: BNS's revenue (8.9% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: BNS's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BNS's Return on Equity is forecast to be low in 3 years time (12%).


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