Bank of Nova Scotia Future Growth
Future criteria checks 2/6
Bank of Nova Scotia is forecast to grow earnings and revenue by 7.9% and 11.4% per annum respectively. EPS is expected to grow by 8.9% per annum. Return on equity is forecast to be 12.9% in 3 years.
Key information
7.9%
Earnings growth rate
8.9%
EPS growth rate
Banks earnings growth | 8.3% |
Revenue growth rate | 11.4% |
Future return on equity | 12.9% |
Analyst coverage | Good |
Last updated | 18 Feb 2025 |
Recent future growth updates
No updates
Recent updates
Scotiabank: Overvalued With Rising Fundamental Headwinds
Jan 27Bank Of Nova Scotia: Good Operational Efficiency But Watch The Deposits
Jan 12Scotiabank: Still Time To Buy This High-Yielding Blue-Chip Now
Dec 09Bank of Nova Scotia: Fixed Income Vs. Equity Investment
Oct 31Trade Alert: My Top Canadian Bank Pays High Dividends - Scotiabank
Oct 19Bank of Nova Scotia: Still Not The Time To Invest In Banks
Sep 27Scotiabank: This 6%-Yielding Dividend Stock Remains Buyable Now
Aug 29Scotiabank: 3 Reasons To Buy This 7% Yielding Anti-Bubble Blue Chip
Jul 11Scotiabank: A 7%-Yielding Blue Chip Dividend Stock To Buy Now
Jun 21Bank of Nova Scotia: Pressure On Residential Mortgage Loans Remains
Jun 07Scotiabank: Hold Rating Maintained Ahead Of Q2 Earnings
May 21Scotiabank: Appealing 6% Yield With Momentum On Its Side
Apr 01Scotiabank: A Sustainable 6.4% Yield At A Bargain Valuation
Mar 20Bank of Nova Scotia: Stable Fundamentals And High Expected Returns
Feb 06Scotiabank: A 7%-Yielding Ultra SWAN On Sale
Jan 06Scotiabank: Buy The +6% Yield While It's Undervalued
Dec 27Scotiabank: A 7% Dividend You Can Count On
Dec 05It's The Best Time In 4 Years To Buy 7% Yielding Scotiabank
Nov 24Scotiabank's Attractive Valuation
Nov 04Bank of Nova Scotia: Getting Closer To An Entry Point
Oct 18The Bank of Nova Scotia: Canadian Bank With LATAM Exposure For Income-Minded Investors
Sep 27Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors
Sep 14Near 7% Dividend Yield At Bank of Nova Scotia, A Buy Opportunity
Aug 24Scotiabank: Overlooked Risks Discussed
Jul 31Scotiabank: Dark Clouds On The Horizon Make Valuation Incidental
Jul 19Bank Of Nova Scotia Vs. Toronto-Dominion: High-Yield Showdown (Rating Upgrade)
Jun 06Bank of Nova Scotia: High 6% Dividend Yield, Safe Income Investment
May 29Scotiabank launches hybrid robo-adviser platform
Feb 06Bank Of Nova Scotia Is Forming A Bottom And The 6% Yield Looks Enticing
Jan 24Scotiabank: Back In Deep Bargain Territory
Dec 23Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
10/31/2027 | 40,496 | 10,087 | N/A | N/A | 1 |
10/31/2026 | 38,152 | 9,639 | N/A | N/A | 10 |
10/31/2025 | 36,020 | 8,264 | N/A | N/A | 10 |
10/31/2024 | 29,483 | 7,286 | 15,979 | 16,468 | N/A |
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 | 29,159 | 6,919 | 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 | N/A | -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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BNS's forecast earnings growth (7.9% per year) is above the savings rate (2.8%).
Earnings vs Market: BNS's earnings (7.9% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: BNS's earnings are forecast to grow, but not significantly.
Revenue vs Market: BNS's revenue (11.4% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: BNS's revenue (11.4% 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 (12.9%).
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/19 22:54 |
End of Day Share Price | 2025/02/19 00:00 |
Earnings | 2024/10/31 |
Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Bank of Nova Scotia is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Will Chien | Accountability Research Corporation |
John Aiken | Barclays |
Brian Morton | Barclays |