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 growth8.3%
Revenue growth rate11.4%
Future return on equity12.9%
Analyst coverage

Good

Last updated18 Feb 2025

Recent future growth updates

No updates

Recent updates

Scotiabank: Overvalued With Rising Fundamental Headwinds

Jan 27

Bank Of Nova Scotia: Good Operational Efficiency But Watch The Deposits

Jan 12

Scotiabank: Still Time To Buy This High-Yielding Blue-Chip Now

Dec 09

Bank of Nova Scotia: Fixed Income Vs. Equity Investment

Oct 31

Trade Alert: My Top Canadian Bank Pays High Dividends - Scotiabank

Oct 19

Bank of Nova Scotia: Still Not The Time To Invest In Banks

Sep 27

Scotiabank: This 6%-Yielding Dividend Stock Remains Buyable Now

Aug 29

Scotiabank: 3 Reasons To Buy This 7% Yielding Anti-Bubble Blue Chip

Jul 11

Scotiabank: A 7%-Yielding Blue Chip Dividend Stock To Buy Now

Jun 21

Bank of Nova Scotia: Pressure On Residential Mortgage Loans Remains

Jun 07

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

Earnings and Revenue Growth Forecasts

NYSE:BNS - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/202740,49610,087N/AN/A1
10/31/202638,1529,639N/AN/A10
10/31/202536,0208,264N/AN/A10
10/31/202429,4837,28615,97916,468N/A
7/31/202429,5997,05130,05030,571N/A
4/30/202429,5357,36235,17235,776N/A
1/31/202429,3997,43730,59431,126N/A
10/31/202329,1596,91911,80412,246N/A
7/31/202328,6407,654-33,277-32,811N/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
7/31/201825,5828,233N/A-15,332N/A
4/30/201825,6658,293N/A-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

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

DataLast Updated (UTC time)
Company Analysis2025/02/19 22:54
End of Day Share Price 2025/02/19 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Industry and Sector Metrics

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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.

AnalystInstitution
Will ChienAccountability Research Corporation
John AikenBarclays
Brian MortonBarclays