Earnings Alerts

Bank Of Nova Scotia (BNS) Earnings: Q3 Adjusted EPS Surpasses Estimates with C$1.63

  • Bank of Nova Scotia’s adjusted EPS for Q3 is C$1.63, slightly above the estimate of C$1.62.
  • The bank’s reported EPS is C$1.41.
  • Adjusted return on equity (ROE) stands at 11.3%, just below the estimate of 11.4%.
  • Net income reported by the bank is C$1.91 billion.
  • Analyst ratings: 1 buy, 11 holds, and 4 sells.

A look at Bank Of Nova Scotia Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bank of Nova Scotia, a leading financial institution, seems to be in a strong position for the long term based on the Smartkarma Smart Scores analysis. With impressive scores in Value and Dividend at 4 out of 5, it indicates that the company is considered favorable in terms of the value it offers to investors and its dividend payouts. Additionally, the Momentum score of 4 suggests the company is performing well in terms of its market momentum. However, the Growth score of 3 and Resilience score of 2 indicate areas where the company may need to focus on for better performance in the future. Overall, the outlook for Bank of Nova Scotia appears positive based on the analysis.

Bank of Nova Scotia, known for providing a wide range of banking services including retail, commercial, international, corporate, investment, and private banking, is positioned to deliver value to its shareholders. The strong scores in Value, Dividend, and Momentum point towards the company’s strength in these areas. Despite lower scores in Growth and Resilience, there is room for improvement through strategic planning and risk management. Investors looking for a stable and potentially rewarding investment opportunity may find Bank of Nova Scotia appealing based on its overall performance indicators as per the Smartkarma Smart Scores assessment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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