Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) posted its earnings results on Tuesday. The bank reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.49, Briefing.com reports. Bank of Nova Scotia had a net margin of 18.06% and a return on equity of 13.77%. The business had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.26 billion. During the same period last year, the business posted $1.75 EPS.
Shares of Bank of Nova Scotia stock traded down $1.31 during trading on Thursday, hitting $53.11. 653,118 shares of the company’s stock traded hands, compared to its average volume of 697,016. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. The firm’s fifty day moving average price is $55.59 and its 200 day moving average price is $55.73. Bank of Nova Scotia has a twelve month low of $50.36 and a twelve month high of $58.22. The company has a market cap of $66.02 billion, a PE ratio of 10.37, a PEG ratio of 1.71 and a beta of 1.08.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 7th will be given a $0.6772 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $2.71 annualized dividend and a yield of 5.10%. Bank of Nova Scotia’s dividend payout ratio is 51.58%.
About Bank of Nova Scotia
The Bank of Nova Scotia provides various banking products and services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers.
Featured Story: Nikkei 225 Index
Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter.