|Bid||73.34 x 0|
|Ask||73.37 x 0|
|Day's Range||72.49 - 73.47|
|52 Week Range||67.17 - 76.75|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||10.99|
|Forward Dividend & Yield||3.60 (4.96%)|
|Ex-Dividend Date||Jan 04, 2020|
|1y Target Est||N/A|
TORONTO , Jan. 21, 2020 /CNW/ - Scotiabank, a leading bank in the Americas, today announced that it has been included in the 2020 Bloomberg Gender-Equality Index (GEI), which recognizes companies committed to transparency in gender reporting and gender equality in the workforce. This is the third year in a row that the Bank has been included in the index. The 2020 GEI comprises 325 companies representing 42 countries and regions across 50 industries including automotive, banking, consumer services, engineering and construction, and retail.
Scotiabank Releases Revised Q4 2019 Supplementary Financial Information Package Reflecting Previously Announced Business Realignment
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
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.
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.
Scotia Global Asset Management announces November 2019 cash distribution for Scotia Strategic Fixed Income ETF Portfolio
TORONTO , Nov. 20, 2019 /CNW/ - We are pleased to announce that Gillian Riley , President & CEO of Tangerine Bank & Executive Vice President at Scotiabank, has been named a Women's Executive Network (WXN) 2019 Canada's Most Powerful Women: Top 100 Award Winner, presented by KPMG. Specifically, Gillian received this recognition in the 'Trailblazers and Trendsetters' category for her work spearheading The Scotiabank Women Initiative™, a program that supports women-led and women-owned businesses in Canada through Access to Capital, Mentorship and Education. A list of the Top 100 Award winners was released today, honouring the accomplishments of women from across Canada who advocate for diversity in the workforce and inspire the next generation of leaders.
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.
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.
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.
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.