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 growth | 9.1% |
Revenue growth rate | 8.4% |
Future return on equity | 11.8% |
Analyst coverage | Good |
Last updated | 22 May 2024 |
Recent future growth updates
No updates
Recent updates
Scotiabank: 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 23Scotiabank: A Safe Bet For The Future
Oct 21Scotiabank appoints Scott Thomson as President and CEO
Sep 26Bank Of Nova Scotia Stock: To Buy Or Not To Buy
Sep 11Bank of Nova Scotia FQ3 2022 Earnings Preview
Aug 22Scotiabank: Why This 5.3% Yield Is A Great Bargain
Jul 27Bank of Nova Scotia: A Great Yield At A Decent Price Point
Jul 20Bank Of Nova Scotia: Dividend Growth Stock To Ride Volatility
May 17Scotiabank: This High-Yielder Is Getting Interesting
Apr 17Scotiabank - Priced A Little Too High
Feb 03Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
10/31/2026 | 37,232 | 9,117 | N/A | N/A | 3 |
10/31/2025 | 35,680 | 7,629 | N/A | N/A | 6 |
10/31/2024 | 33,906 | 7,471 | N/A | N/A | 6 |
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 | 28,679 | 7,684 | -33,277 | -32,811 | N/A |
4/30/2023 | 28,795 | 8,102 | -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 | -7,698 | -7,583 | N/A |
1/31/2018 | 25,135 | 8,216 | -27,095 | -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 |
10/31/2013 | 20,011 | 6,162 | N/A | 2,926 | N/A |
7/31/2013 | 19,475 | 5,993 | N/A | -2,667 | N/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%).