03:10 PM EDT, 08/26/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by USD7 to USD46, 8.2x our FY 26 (Oct.) EPS view of CAD7.69 (USD5.56), a discount to the peer average of 12.3x. We raise our FY 25 EPS view to CAD6.94 from CAD6.71 and FY 26's to CAD7.69 from CAD7.55. BNS's strategy of prioritizing value over volume is yielding positive results, with the bank's credit quality showing clear signs of stabilization. This progress has positioned BNS to focus on balance sheet growth opportunities in FY 26. Despite these improvements, however, we believe other major Canadian banks offer more compelling growth prospects. BNS has struggled to deliver consistent earnings growth, and our FY 26 EPS forecast of CAD7.69 represents merely 2% annualized growth since FY 16 and actually reflects negative growth since FY 21. Furthermore, while recent credit trends are encouraging, BNS's significant exposure to developing markets continues to leave the bank vulnerable to potential credit deterioration that could quickly reverse these gains.