Jul. 23 at 4:06 PM
$BNS.TSX
$BNS $KEY Second quarter 2025 earnings: EPS and revenues exceed analyst expectations
Second quarter 2025 results:
EPS: US
$0.39 (up from US
$0.25 in 2Q 2024).
Revenue: US
$1.69b (up 20% from 2Q 2024).
Net income: US
$423.0m (up 79% from 2Q 2024).
Profit margin: 25% (up from 17% in 2Q 2024). The increase in margin was driven by higher revenue.
Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%.
Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Banks industry.