Bank of Nova Scotia (BNS) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Bank of Nova Scotia (TSE: BNS):

• 8/13/2026 – Bank of Nova Scotia had its price target raised by National Bank Financial from C$106.00 to C$128.00. They now have a “sector perform” rating on the stock.
• 8/13/2026 – Bank of Nova Scotia had its price target raised by Jefferies Financial Group Inc. from C$112.00 to C$117.00. They now have a “hold” rating on the stock.
• 8/12/2026 – Bank of Nova Scotia had its price target raised by TD from C$113.00 to C$124.00. They now have a “hold” rating on the stock.
• 8/12/2026 – Bank of Nova Scotia had its price target raised by Raymond James Financial, Inc. from C$121.00 to C$137.00. They now have an “outperform” rating on the stock.
• 8/5/2026 – Bank of Nova Scotia had its price target raised by Desjardins from C$115.00 to C$125.00. They now have a “hold” rating on the stock.
• 7/7/2026 – Bank of Nova Scotia had its price target raised by Canaccord Genuity Group Inc. from C$111.00 to C$121.00. They now have a “hold” rating on the stock.

Bank of Nova Scotia Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th were paid a dividend of $1.14 per share. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. The ex-dividend date was Tuesday, July 7th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.6%. Bank of Nova Scotia’s dividend payout ratio is presently 60.69%.

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).