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Bank Of Nova Scotia (BNS)
NYSE:BNS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 27, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.14Last Year’s EPS
1.09Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -1.98%
|Next Earnings Date:May 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong financial performance and strategic advancements, particularly in Global Wealth Management and Global Banking and Markets. However, it was tempered by elevated credit loss provisions, uncertainties due to potential tariffs, and challenges in Canadian Banking earnings. Despite these challenges, the overall tone was cautiously optimistic about managing through uncertainties and focusing on strategic growth.Company Guidance
In Scotiabank's 2025 first-quarter call, Scott Thomson, the CEO, highlighted strong financial outcomes driven by the bank's strategic initiatives. Scotiabank reported adjusted earnings of $2.2 billion, or $1.76 per share, with a notable 15% year-over-year increase in noninterest revenue. The bank's capital ratio improved by approximately 140 basis points since the end of 2022, with an additional $1.6 billion in allowances for credit losses. The bank also achieved a 4% year-over-year deposit growth, reducing its loan-to-deposit ratio to 105%. Global Wealth Management earned $414 million, with assets under administration reaching $730 billion. Global Banking and Markets experienced a 33% year-over-year increase, driven by a 54% contribution from capital markets. Scotiabank's Canadian Banking showed solid revenue growth, despite higher credit provisions, and International Banking demonstrated diversified revenue growth with a productivity ratio improvement to 51%. The bank anticipates 2025 earnings growth towards the higher end of its 5% to 7% range, excluding potential tariffs.Strong Start to 2025 with Revenue Growth
Adjusted earnings for the quarter were $2.2 billion or $1.76 per share, with a 15% year-over-year growth in noninterest revenue. The bank's capital ratio improved by approximately 140 basis points since the end of 2022.
Global Wealth Management Momentum
Earnings were up 23% year-over-year, driven by higher mutual fund fees and wealth advisory revenues. Assets under administration reached record levels, exceeding $730 billion.
Global Banking and Markets Performance
Earnings were up 33% year-over-year, with capital markets revenue up 41%. The segment achieved a #1 rank in debt capital markets in Canada and #11 in the U.S.
International Banking Solid Results
Reported earnings of $657 million, with a productivity ratio improvement to 51% due to 4% revenue growth and disciplined 1% expense growth.
Strategic Investment in KeyCorp
The investment in KeyCorp is immediately accretive to earnings growth and return on equity metrics.
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BNS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BNS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $50.63 | $49.86 | -1.52% |
| Dec 03, 2024 | $55.99 | $54.03 | -3.50% |
| Aug 27, 2024 | $47.23 | $48.56 | +2.82% |
| May 28, 2024 | $45.65 | $45.55 | -0.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bank Of Nova Scotia (BNS) report earnings?
Bank Of Nova Scotia (BNS) is schdueled to report earning on May 27, 2025, TBA Not Confirmed.
What is Bank Of Nova Scotia (BNS) earnings time?
Bank Of Nova Scotia (BNS) earnings time is at May 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BNS EPS forecast?
BNS EPS forecast for the fiscal quarter 2025 (Q2) is 1.14.
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