|Bid||72.48 x 0|
|Ask||72.48 x 0|
|Day's Range||72.33 - 72.74|
|52 Week Range||67.17 - 76.75|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||10.86|
|Earnings Date||Feb 23, 2020 - Feb 27, 2020|
|Forward Dividend & Yield||3.60 (4.96%)|
|Ex-Dividend Date||Jan 04, 2020|
|1y Target Est||78.92|
Dividend paying stocks like The Bank of Nova Scotia (TSE:BNS) tend to be popular with investors, and for good reason...
SANTIAGO, Chile and TORONTO , Jan. 16, 2020 /CNW/ - Scotiabank, a leading bank in the Americas, announced today a five-year academic partnership with Federico Santa Maria University in Santiago, Chile to create the Scotiabank Centre for Digital Transformation. As part of this academic partnership, Scotiabank will invest USD$1,250,000 over five years benefitting an estimated 6,000 students participating in the program. The focus of the academic partnership is to enhance research and development in digital innovation and encourage the participation of women in the fields of science, technology, engineering and mathematics (STEM).
TORONTO , Jan. 14, 2020 /CNW/ - Recent polls commissioned by Scotiabank revealed that Canadians spend on average of 2 hours a day worrying about their finances. Canadians age 18-35 worry the most about their finances, at 2.4 hours a day, while those aged 55+ worry an average of 1.4 hours a day. "Many Canadians are feeling rudderless when it comes to managing their finances, as they try to balance savings and spending, while paying down debt," said D'Arcy McDonald , SVP, Retail Deposits, Investments, and Payments for Scotiabank.
TORONTO , Jan. 13, 2020 /CNW/ - Scotiabank Economics today published its Q1 Global Economic Outlook report. This comprehensive report explores the key factors affecting the global outlook for 2020 and 2021. "Developments in recent weeks serve as a stark reminder that the central economic and financial thesis of the last year remains unchanged – uncertainty is here to stay so long as President Trump remains in office," said Jean-François Perrault, Senior Vice President and Chief Economist at Scotiabank.
TORONTO , Jan. 6, 2020 /CNW/ - Scotiabank provided today an update on certain items that will cumulatively benefit its first quarter reported results by approximately $175 million after-tax. As previously announced, the Bank sold its 49% interest in Thanachart Bank Public Company Limited in Thailand in exchange for cash and an approximately 6% ownership interest in the form of common shares in TMB Bank Public Company Limited, Thailand . The Bank realized a net gain of approximately $410 million after-tax on the sale that will be recorded in the income statement in Q1 2020.
Scotiabank completes sale of its operations in Puerto Rico and the U.S. Virgin Islands to Oriental Bank
Scotia Global Asset Management announces final year-end cash distributions for Scotia Strategic ETF Portfolios
Scotia Global Asset Management announces final year-end reinvested distributions for Scotia Strategic ETF Portfolios
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Spruce Point Capital says stock in the bricks-and-mortar retailer Canadian Tire could fall up to 50%. Shares, however, fell only about 1% after the report was released.
TORONTO , Dec. 5, 2019 /CNW/ - Women entrepreneurs who apply for business loans may fare better than they expect, according to survey results released today by Scotiabank on the first anniversary of The Scotiabank Women Initiative. The survey of nearly 1,000 small business owners across Canada aims to identify the financial needs of women entrepreneurs. The survey found that women entrepreneurs lag men entrepreneurs in applying for business loans – but are more likely to have the loan application approved.
TORONTO , Dec. 3, 2019 /CNW/ - Scotiabank announced today the closing of the previously announced transaction (the "Transaction") to reduce its 49% interest in Thanachart Bank Public Company Limited ("TBank") in Thailand . As part of agreements entered into with ING Groep N.V., TBank and TMB Bank Public Company Limited ("TMB") in August 2019 , Scotiabank is selling its 49% interest in TBank in exchange for cash and an approximately 6% ownership interest in the form of common shares in TMB.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
TORONTO , Nov. 29, 2019 /CNW/ - Scotia Global Asset Management today announced the estimated year-end reinvested distributions for the Scotia Strategic ETF Portfolios listed on the TSX for the 2019 tax year.
TORONTO , Nov. 29, 2019 /CNW/ - Scotiabank has been named the Canadian Bank of the Year for 2019 by The Banker magazine, a Financial Times publication. "We are very pleased to be named this year's Bank of the Year in Canada by The Banker," said Brian Porter , President and Chief Executive Officer of Scotiabank. Over the past several years, Scotiabank has successfully repositioned itself through a series of strategic acquisitions and divestitures, both in Canada and in core international markets, to focus the Bank's footprint and strengthen its business mix.
Analysts expressed concerns about the bank's international business, whose adjusted earnings growth of 4.3% missed expectations amid geopolitical concerns in some markets, despite outpacing Canada's more staid 1.2% increase. The international unit, which accounts for a little over a third of Scotiabank's adjusted earnings, also posted a 9 basis-point drop in net interest margins, compared with a 2 basis-point rise in Canada.
Bank of Nova Scotia, Canada's third-biggest lender, kicked off banks' fourth-quarter earnings on Tuesday with disappointing profit growth in its international banking segment, which overshadowed a slight overall earnings beat. Analysts expressed concerns about the bank's international business, whose adjusted earnings growth of 4.3% missed expectations amid geopolitical concerns in some markets, despite outpacing Canada's more staid 1.2% increase.