Bank of Nova Scotia Future Growth

Future criteria checks 2/6

Bank of Nova Scotia is forecast to grow earnings and revenue by 6.9% and 8.4% per annum respectively. EPS is expected to grow by 6% per annum. Return on equity is forecast to be 11.8% in 3 years.

Key information

6.9%

Earnings growth rate

6.0%

EPS growth rate

Banks earnings growth9.1%
Revenue growth rate8.4%
Future return on equity11.8%
Analyst coverage

Good

Last updated22 May 2024

Recent future growth updates

No updates

Recent updates

Scotiabank: Hold Rating Maintained Ahead Of Q2 Earnings

May 21

Scotiabank: Appealing 6% Yield With Momentum On Its Side

Apr 01

Scotiabank: A Sustainable 6.4% Yield At A Bargain Valuation

Mar 20

Bank of Nova Scotia: Stable Fundamentals And High Expected Returns

Feb 06

Scotiabank: A 7%-Yielding Ultra SWAN On Sale

Jan 06

Scotiabank: Buy The +6% Yield While It's Undervalued

Dec 27

Scotiabank: A 7% Dividend You Can Count On

Dec 05

It's The Best Time In 4 Years To Buy 7% Yielding Scotiabank

Nov 24

Scotiabank's Attractive Valuation

Nov 04

Bank of Nova Scotia: Getting Closer To An Entry Point

Oct 18

The Bank of Nova Scotia: Canadian Bank With LATAM Exposure For Income-Minded Investors

Sep 27

Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors

Sep 14

Near 7% Dividend Yield At Bank of Nova Scotia, A Buy Opportunity

Aug 24

Scotiabank: Overlooked Risks Discussed

Jul 31

Scotiabank: Dark Clouds On The Horizon Make Valuation Incidental

Jul 19

Bank Of Nova Scotia Vs. Toronto-Dominion: High-Yield Showdown (Rating Upgrade)

Jun 06

Bank of Nova Scotia: High 6% Dividend Yield, Safe Income Investment

May 29

Scotiabank launches hybrid robo-adviser platform

Feb 06

Bank Of Nova Scotia Is Forming A Bottom And The 6% Yield Looks Enticing

Jan 24

Scotiabank: Back In Deep Bargain Territory

Dec 23

Scotiabank: A Safe Bet For The Future

Oct 21

Scotiabank appoints Scott Thomson as President and CEO

Sep 26

Bank Of Nova Scotia Stock: To Buy Or Not To Buy

Sep 11

Bank of Nova Scotia FQ3 2022 Earnings Preview

Aug 22

Scotiabank: Why This 5.3% Yield Is A Great Bargain

Jul 27

Bank of Nova Scotia: A Great Yield At A Decent Price Point

Jul 20

Bank Of Nova Scotia: Dividend Growth Stock To Ride Volatility

May 17

Scotiabank: This High-Yielder Is Getting Interesting

Apr 17

Scotiabank - Priced A Little Too High

Feb 03

Earnings and Revenue Growth Forecasts

NYSE:BNS - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/202637,2329,117N/AN/A3
10/31/202535,6807,629N/AN/A6
10/31/202433,9067,471N/AN/A6
1/31/202429,3997,43730,59431,126N/A
10/31/202329,2526,99111,80412,246N/A
7/31/202328,6797,684-33,277-32,811N/A
4/30/202328,7958,102-53,902-53,457N/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
1/31/201825,1358,216-27,095-27,071N/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 (6.9% per year) is above the savings rate (2.4%).

Earnings vs Market: BNS's earnings (6.9% per year) are forecast to grow slower than the US market (14.6% per year).

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

Revenue vs Market: BNS's revenue (8.4% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: BNS's revenue (8.4% 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 (11.8%).


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