|Bid||75.99 x 0|
|Ask||75.99 x 0|
|Day's Range||75.76 - 76.16|
|52 Week Range||75.20 - 85.50|
|PE Ratio (TTM)||11.08|
|Earnings Date||Aug 28, 2018|
|Forward Dividend & Yield||3.28 (4.32%)|
|1y Target Est||90.18|
SmartCentres Real Estate Investment Trust is one of companies that can help grow your investment income by paying large dividends. These stocks are a safe bet to increase your portfolioRead More...
Japanese commodity trading house Itochu is seeking buyers for stakes in two North Sea oilfields, a pipeline and a terminal, a document seen by Reuters shows. The sale, run by Scotiabank (BNS.TO), could fetch up to $250 million, according to banking sources. Itochu, through its British subsidiary CIECO UK, is offering to sell its 23 percent stake in the Western Isles field cluster in the northern North Sea, located some 160 km (100 miles) east of the Shetland islands.
Japanese commodity trading house Itochu is seeking buyers for stakes in two North Sea oilfields, a pipeline and a terminal, a document seen by Reuters shows. The sale, run by Scotiabank, could fetch up to $250 million, according to banking sources. Itochu, through its British subsidiary CIECO UK, is offering to sell its 23 percent stake in the Western Isles field cluster in the northern North Sea, located some 160 km (100 miles) east of the Shetland islands.
TORONTO , June 8, 2018 /CNW/ - Scotiabank today announced that it has completed its previously announced public offering of 22,655,000 common shares, at a price of $76.15 per common share, for gross proceeds of $1,725,178,250. The offering was underwritten by a syndicate of underwriters led by Scotia Capital Inc. on a bought deal basis. The common shares issued include 2,955,000 shares purchased by the underwriters pursuant to the over-allotment option exercised in full by the underwriters. The common shares issued are listed on the Toronto Stock Exchange and the New York Stock Exchange.
After five deals in six months, Bank of Nova Scotia is taking a breather. “We’ve got a lot of work to do in terms of execution and integrations now, so I think we’ll be fairly quiet on the acquisition front from here on in,” Chief Executive Officer Brian Porter told BNN Bloomberg on Friday in a TV interview set to air at 3 p.m. Eastern time. On Thursday, Scotiabank agreed to buy MD Financial Management from the Canadian Medical Association for C$2.59 billion ($2 billion), the latest in a series of announced acquisitions that include Canadian money manager Jarislowsky Fraser Ltd. and Banco Bilbao Vizcaya Argentaria SA’s 68 percent stake in a Chilean lender.
TORONTO , May 31, 2018 /CNW/ - Scotiabank and the Canadian Medical Association (CMA) today announced that Scotiabank will acquire MD Financial Management (MD), Canada's leading provider of financial services to physicians and their families, with more than $49 billion in assets under management and administration (the "Acquisition"). The purchase price of $2.585 billion is payable in cash at the closing of the Acquisition.
In his last Scotiabank Global Auto Report before his retirement on June 1, 2018 , Senior Economist Carlos Gomes shares his auto industry insights. TORONTO , May 31, 2018 /CNW/ - Despite rising gasoline prices, global auto sales have gained significant momentum in April. Volume growth accelerated in most regions and sales rose 6.5% year-over-year, up from a 2.3% year-over-year increase during the first quarter.
Strong performances by its domestic and international arms helped Bank of Nova Scotia deliver second-quarter earnings which were modestly ahead of market expectations on Tuesday. Rivals Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce have all reported results which were ahead of the market this quarter and analysts were underwhelmed by the scale of Scotiabank's beat.
Canada's main stock index slipped lower on Tuesday due to losses in financial stocks led by Bank of Nova Scotia , which reported quarterly results. * At 9:44 a.m. ET (1344 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 51.75 points, or 0.32 percent, at 15,964.39. * The financials sector fell 1.1 percent, dragged by a 3 percent fall in shares of Bank of Nova Scotia.
Bank of Nova Scotia continued its record earnings streak in international banking. Latin America accounted for 60 percent of international banking earnings in the quarter ended April 30. “International banking reported strong results with another quarter of double-digit earnings growth," Chief Executive Officer Brian Porter said Tuesday in a statement.
TORONTO , May 29, 2018 /CNW/ - The Bank of Nova Scotia ("Scotiabank") (TSX, NYSE: "BNS") announced today that the Toronto Stock Exchange ("TSX") and the Office of the Superintendent of Financial Institutions ("OSFI") have approved its normal course issuer bid to purchase up to 24 million of its Common Shares. This represents approximately two per cent of the 1,209,860,365 Common Shares issued and outstanding as of May 24 , 2018. Scotiabank believes that the purchase of its Common Shares at market prices may be an appropriate use of its funds to generate shareholder value, as well as for capital management purposes.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting BNS. BNS credit default swap spreads are within the middle of their range for the last three years.
Over the past 10 years The Bank of Nova Scotia (TSX:BNS) has returned an average of 4.00% per year from dividend payouts. The stock currently pays out a dividend yieldRead More...
CALGARY , May 23, 2018 /CNW/ - Canada's longest running marathon – the Scotiabank Calgary Marathon – takes place this weekend for the 54th year, with participants raising money for 68 local charities. The Scotiabank Calgary Marathon features the: 50km Ultra, Scotiabank Calgary Marathon, Centaur Subaru 21.1km, Jugo Juice 10km, GoodLife Fitness 5km Walk & Run and the Scotiabank Kids Marathon, for those 12 years of age and under.