|Bid||57.29 x 1200|
|Ask||57.30 x 800|
|Day's Range||57.22 - 57.49|
|52 Week Range||48.34 - 58.22|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||11.18|
|Earnings Date||Feb 6, 2017 - Feb 10, 2017|
|Forward Dividend & Yield||2.76 (4.79%)|
|1y Target Est||72.27|
TORONTO , Nov. 20, 2019 /CNW/ - Scotiabank announced today key enhancements to its digital mortgage experience, Scotiabank eHOME, as part of its commitment to deliver leading, innovative digital solutions that elevate the customer experience. Canadians can now get pre-approved for a mortgage, convert their pre-approval to a mortgage application, and search for their dream home – all in one digital platform. Through Scotiabank eHOME's digital pre-approval, potential home buyers can secure an exclusive online rate and receive a decision on how much of a mortgage they can afford in just minutes.
Moody's has reviewed the following ABCP programs in conjunction with the proposed amendments. At this time the amendments, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.
EDMONTON , Nov. 19, 2019 /CNW/ - Scotiabank announced a donation of $1.25 million to the University of Alberta this morning, to fund the Scotiabank Artificial Intelligence Research Initiative in the Department of Computing Science. The Scotiabank Artificial Intelligence Research Initiative aims to understand and build practical tools and predictive models for fraud detection and speech to text analytics. The use of artificial intelligence at Scotiabank has already illustrated significant potential by providing customers with more customized products and services and resolving customer inquiries more efficiently.
Bank of Nova Scotia (BNS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TORONTO , Nov. 18, 2019 /CNW/ - Ian Williams has been named the winner of the 2019 Scotiabank Giller Prize for his novel Reproduction, published by Random House Canada, taking home $100,000 courtesy of Scotiabank. The gala was broadcast live commercial-free presented by Scotia Wealth Management on CBC, CBC Radio One and streamed live on CBCBooks.ca.
Moody's Investors Service ("Moody's") has assigned Aa2(cr) long-term and Prime-1(cr) short-term counterparty risk (CR) assessments and Aa2 and Prime-1 counterparty risk ratings (CRRs) to Bank of Nova Scotia, London Branch (BNS London Branch). Moody's has assigned CR assessments and CRRs to BNS London Branch to match those of Bank of Nova Scotia (BNS) because BNS London Branch forms part of the same legal entity as BNS.
Moody's Investors Service (Moody's) has assigned provisional ratings of (P) Aa1(sf) to the Class B notes, (P) A2 (sf) to Class C notes and (P) Ba1 (sf) to Class D notes to be issued by Securitized Term Auto Receivables Trust (START 2019-CRT). This is the seventh term auto loan-backed transaction sponsored by The Bank of Nova Scotia (BNS). The ratings are primarily based on an analysis of the credit quality of the collateral pool, the servicing ability of BNS, and the level of credit enhancement available under the proposed capital structure.
TORONTO , Nov. 14, 2019 /CNW/ - Recognizing the critical role that the financial services sector plays in the transition to a low-carbon, more resilient and prosperous future, Scotiabank today announced its Climate Commitments to support clients in the transition to a low-carbon economy and decarbonize its own operations. Mobilize $100 billion by 2025 to reduce the impacts of climate change. Establish a Climate Change Centre of Excellence to mobilize collaboration, dialogue and information-sharing and contribute to the global conversation on climate change.
TORONTO , Nov. 13, 2019 /CNW/ - Today, Scotiabank launched the first Trusted Data & AI for Canadian Business certification in Canada . In collaboration with Smith School of Business at Queen's University, and the IEEE, the world's largest technical professional organization advancing technology for humanity, the program is designed specifically for Scotiabank employees to develop foundational knowledge and understanding of ethical principles in business decision making, AI applications and processes. At Scotiabank, our investment in AI goes beyond the smart implementation of new tools and technologies, with a commitment to being leaders in the development of principles, guidelines and training for the ethical application of this powerful technology.
TORONTO , Nov. 12, 2019 /CNW/ - On November 17 , Scotiabank is inviting Canadians everywhere to submit their footage to be part of Hockey 24, a unique documentary that will capture a day in community hockey in Canada . This documentary is an amazing opportunity for Canadians to share their personal experiences with community hockey and be a part of the legacy of hockey in our country. Using only footage and photos taken on Sunday, November 17 , globally-renowned, awarded and recognized documentary filmmakers will compile the contributions submitted from Canadians across the country to create a unique snapshot of life on a single day in Canada .
BURNABY, BC , Nov. 8, 2019 /CNW/ - As part of a new relationship between Scotiabank and Canlan Ice Sports, Canlan Ice Sports - Burnaby 8 Rinks has been renamed Scotia Barn – a name synonymous with old time hockey, but operated with a modern-day approach. As the Official Bank of the NHL® and NHL Alumni Association, Scotiabank is a committed supporter of hockey at all levels across the country, particularly kids' community hockey.
TORONTO , Nov. 7, 2019 /CNW/ - The Aite Group has recognized Scotiabank with the 2019 Impact Innovation Award in the Operational Efficiency category for improvements delivered to its Small Business and Commercial customers. Scotiabank received this award for demonstrating innovation through technology to achieve operational efficiencies for the Bank and its customers, and improving the end-to-end experience. "This award is a testament to the work being done at Scotiabank to improve the customer onboarding experience," said Rania Llewellyn , Executive Vice President, Global Business Payments, Scotiabank.
The U.S. is home to literally thousands of dividend payers, which would seem to eliminate the need to look elsewhere for income. But there's a convincing case to be made for at least a couple dozen Canadian dividend stocks.Newer income investors often look for the highest-yielding dividend stocks. They see a 7% yield as being better than 6%, 8% yields superior to 7%, and so on. But that's a much riskier proposition than it seems; sometimes, high yields are indicative of a troubled stock or company.A safer approach is selecting companies with more reasonable current yields that consistently grow their payouts over time. Here in America, many investors look to the Dividend Aristocrats - a group of 57 dividend stocks in the S&P; 500 that have improved their annual payouts for at least 25 consecutive years. But America isn't the only part of the world with Aristocrats. Canada, for instance, has 82.The Canadian Aristocrats' standards aren't as stringent as those of their U.S. counterpart. To qualify for the Canadian Dividend Aristocrats, a stock must be listed on the Toronto Stock Exchange, be a member of the S&P; Canada BMI (Broad Market Index), increase its annual payout for at least five consecutive years (it can maintain the same dividend for two consecutive years) and have a float-adjusted market cap of at least C$300 million.We've trimmed down that list to 25 Canadian dividend stocks that are best suited for American investors. The following 25 Canadian Dividend Aristocrats trade on either the New York Stock Exchange or Nasdaq, and have increased their dividends annually for at least seven years. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
Moody's Investors Service ("Moody's") has today affirmed the ratings and assessments of Scotiabank Peru (Scotiabank Peru). Moody's affirmed the A3 and P-2 global long and short-term local and foreign currency deposit ratings, its Baa2 subordinated debt rating, and the baa3 baseline credit assessment (BCA) and baa1 adjusted BCA. Scotiabank's A3 and P-2 long- and short-term counterparty risk rating (CRR) and its A3(cr) and P-2(cr) long- and short-term counterparty risk assessment (CRA) were also affirmed.
Scotiabank completes sale of its operations in the Caribbean to Republic Financial Holdings Limited
TORONTO , Nov. 1, 2019 /CNW/ - Scotiabank announced today that it is establishing Global Wealth Management (GWM) as a distinct business line, given its significant scale, double-digit asset growth over the last few years, and strong continued contribution to all-Bank earnings. "Establishing Global Wealth Management as a distinct business line is a testament to its success and a reflection of the important role that the business will play in our growth strategy for years to come," said Brian Porter , Scotiabank's President and CEO. GWM has been focused on building a scalable, client-focused business model as well as adding strategic acquisitions – Jarislowsky Fraser Limited and MD Financial Management – that bring new capabilities in key client segments.
TORONTO , Oct. 29, 2019 /CNW/ - Scotiabank is proud to be growing its presence in the Niagara Region with the opening of a new branch in Niagara Falls . The new McLeod Square branch is currently under development and is expected to open in late 2020 at the southwest corner of Montrose Road and McLeod Road. The new branch will be equipped with the latest tools and technology to provide customers with an enhanced in-branch experience and personalized advice from a dedicated team of Scotiabank advisors.
Scotia Global Asset Management announces October 2019 cash distribution for Scotia Strategic Fixed Income ETF Portfolio
TORONTO , Oct. 23, 2019 /CNW/ - The Scotiabank Women Initiative™ participated in the first Visa Canada She's Next, Empowered by Visa workshop in Toronto yesterday, a global initiative to support and champion women business owners as they build, sustain and advance their businesses. Participation in She's Next, is the latest from The Scotiabank Women Initiative™, which recently announced a $3-billion commitment in capital over its first three years to support women-led businesses. "We are thrilled to participate in the launch of She's Next in Canada to continue to deliver for women business leaders," said Gillian Riley , President and CEO, Tangerine Bank and executive sponsor of The Scotiabank Women Initiative.
TORONTO , Oct. 21, 2019 /CNW/ - Scotiabank today unveils Path to Impact, an artful installation that brings to life the journey of starting and building a business in Canada . Standing up to 10 feet tall, the immersive installation will be open to the public in downtown Toronto during Small Business Week. Curveballs: This is the stage where thinking turns into doing at an extremely fast pace, and business owners face many curveballs along the way.
/R E P E A T -- Media Advisory/Photo Opportunity - Scotiabank Toronto Waterfront Marathon Race Week Schedule/