Bank of Nova Scotia (BNS) Expects KeyCorp to Contribute C$81M Net Income in FQ1 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: seekingalpha
- Net Income Contribution: Bank of Nova Scotia anticipates that its ownership interest in KeyCorp will yield approximately C$81 million in net income for FQ1 2026, indicating a stable return potential from its investment.
- Adjusted Net Income: After accounting for about C$8 million in amortization of acquired intangible assets, the adjusted net income contribution from KeyCorp is expected to reach around C$89 million, further enhancing the sustainability of its financial performance.
- Earnings Release Schedule: Scotiabank is set to release its fiscal first quarter financial results on February 24, 2026, with the market closely monitoring its overall performance and KeyCorp's contributions.
- KeyCorp Development Updates: KeyCorp's Q4 2025 earnings exceeded market expectations, and it plans to implement a $1.2 billion share repurchase program in 2026, reflecting strong loan momentum and a 7% revenue growth target.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like BNS with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on BNS
Wall Street analysts forecast BNS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BNS is 72.63 USD with a low forecast of 66.95 USD and a high forecast of 77.74 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 75.260
Low
66.95
Averages
72.63
High
77.74
Current: 75.260
Low
66.95
Averages
72.63
High
77.74
About BNS
The Bank of Nova Scotia (the Bank) is a chartered Schedule I bank. The Bank is a global financial services provider offering a range of products and services, including personal, commercial, corporate and investment banking. Its segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. Canadian Banking segment provides a full suite of financial advice and banking solutions. Canadian Banking segment comprises retail banking and business banking. International Banking segment is a diverse franchise that provides financial advice and solutions to retail, corporate, and commercial clients. Its geographic presence spans over 15 countries including Mexico, Chile, and Peru. Global Wealth Management segment is comprised of wealth management and asset management businesses. Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Bank of Nova Scotia (BNS) Expects KeyCorp to Contribute C$81M Net Income in FQ1 2026
- Net Income Contribution: Bank of Nova Scotia anticipates that its ownership interest in KeyCorp will yield approximately C$81 million in net income for FQ1 2026, indicating a stable return potential from its investment.
- Adjusted Net Income: After accounting for about C$8 million in amortization of acquired intangible assets, the adjusted net income contribution from KeyCorp is expected to reach around C$89 million, further enhancing the sustainability of its financial performance.
- Earnings Release Schedule: Scotiabank is set to release its fiscal first quarter financial results on February 24, 2026, with the market closely monitoring its overall performance and KeyCorp's contributions.
- KeyCorp Development Updates: KeyCorp's Q4 2025 earnings exceeded market expectations, and it plans to implement a $1.2 billion share repurchase program in 2026, reflecting strong loan momentum and a 7% revenue growth target.
Continue Reading
Scotiabank (BNS) Expects $81 Million Net Income from KeyCorp in Q1 2026
- Net Income Expectation: Scotiabank anticipates approximately $81 million in net income from KeyCorp's fourth-quarter results, which is expected to positively impact its financial performance in Q1 2026.
- Earnings Release Date: The bank plans to publish its first-quarter financial results on February 24, 2026, with investors closely monitoring its performance to assess future growth potential.
- Stock Price Movement: In pre-market trading, Scotiabank shares were priced at $73.04, reflecting a 0.33% increase from the previous trading day, indicating market optimism regarding its future earnings.
- Market Reaction: The anticipated earnings and upcoming financial report may influence investor confidence, potentially driving fluctuations in Scotiabank's stock price in the coming weeks.
Continue Reading