Unusual Volume
Scotiabank Posts Record Q3 EPS of CAD 2.28 Beating Estimates on Capital Markets and Wealth Management Surge
The Bank of Nova Scotia $BNS
$93.10+7.18%as of publication
- 5D Change
- +6.11%
- Volume
- 181
- vs Average
- 30.2×
- Market Cap
- $105.89B
Bank of Nova Scotia reported record third-quarter fiscal 2026 earnings on August 25, with adjusted earnings per share of CAD 2.28, beating analyst expectations of roughly CAD 2.10 by CAD 0.18. Revenue came in at CAD 10.54 billion, surpassing consensus by CAD 610 million. The outperformance was driven by a record result in global wealth management and global banking and markets, with management citing broad-based earnings strength and improving returns in Canadian Banking alongside continued capital markets momentum tied to elevated market volatility.
Return on equity also surged past internal targets, according to the earnings call. The bank declared a quarterly dividend of CAD 1.14 per share. TD Cowen offered positive commentary on the results following the report.
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Sources
- WallstengineToday's Key Events (All EST) — 08/25/2026 08:15: US ADP Wkly Employment 08:30: Fed's Barkin 10:00: US CB Consumer Confidence 10:00: US New Home Sales 13:00: US 2-Year Note Auction 16:00: Fed's Barkin Before Open 03:00: EHang Holdings $EH 05:00: Vipshop Holdings $VIPS 05:30: The Bank of Nova Scotia $BNS 06:00: Bank of Montreal $BMO 07:00: DICK'S Sporting Goods $DKS 07:00: SelectQuote $SLQT After Hours 16:00: Intuit $INTU 16:05: Zoom $ZM 16:05: Semtech $SMTC 16:05: $BOX 16:05: nCino $NCNO 18:00: $QFIN 19:00: $JOYY
- MarketsdayU.S. Equity #Earnings Calendar: Week of August 24, 2026 Tuesday, August 25, 2026 #Before Market Open (BMO) Bank of Montreal $BMO – Consensus EPS estimate of $2.74. Bank of Nova Scotia $BNS – Consensus EPS estimate of $1.53. KSS / Kohl's $KSS – Consensus EPS estimate of $0.45. Abercrombie & Fitch $ANF – Consensus EPS estimate of $2.22. Dycom Industries $DY – Consensus EPS estimate of $2.28. Williams-Sonoma $WSM – Consensus EPS estimate of $1.81. #After Market Close (AMC) Toll Brothers $TOL – Consensus EPS estimate of $3.60. SentinelOne $S – Consensus EPS estimate of $0.01. Elastic N.V. $ESTC – Consensus EPS estimate of $0.25.
- Seeking AlphaBank of Nova Scotia Non-GAAP EPS of $2.28 beats by $0.18, revenue of $10.54B beats by $610M
- NasdaqThe Bank Of Nova Scotia Q3 Profit Climbs
- wsj.comScotiabank Earnings Lifted by Record Result in Wealth Management
- WsjScotiabank Earnings Lifted by Record Result in Wealth Management
- BusinessBank of Nova Scotia topped estimates on better-than-expected results at its capital-markets unit as it continues to benefit from elevated market volatility
- Yahoo FinanceBank of Nova Scotia Q3 Earnings Call Highlights
Show 4 more
- marketbeat.comBank of Nova Scotia Q3 Earnings Call Highlights
- proactiveinvestors.comScotiabank posts record quarter as capital markets surge lifts profit past estimates
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- InvestingBank of Nova Scotia (BNS) (Q3 2026) Earnings Call Highlights: Record EPS and ROE Surge Past Targets