|Bid||70.90 x 0|
|Ask||71.02 x 0|
|Day's Range||70.55 - 71.07|
|52 Week Range||69.01 - 85.50|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||10.52|
|Earnings Date||Nov 27, 2018|
|Forward Dividend & Yield||3.40 (4.80%)|
|1y Target Est||85.96|
TORONTO , Nov. 15, 2018 /CNW/ - At the 2018 Association of Financial Professionals (AFP) Conference in Chicago , Scotiabank proudly showcased Canada's first integrated security token and mobile banking app. The app was one of a number of innovative products and services for business banking customers highlighted by the Bank at the conference. The ScotiaConnect Mobile Banking for Business app allows corporate treasury departments, CEO's and owners of small- or medium-sized businesses to use their smartphone to view balances and transactions, approve and submit payments and create, submit and approve account transfers and bill payments. In addition, the integrated security token provides seamless and secure access into the ScotiaConnect Mobile Banking for Business app.
Scotiabank is the first Canadian bank to ever receive the Bank of the Year award from LatinFinance. "We are honoured to have been recognized by LatinFinance as the 2018 Bank of the Year and would like to thank our customers for their loyalty and our employees for their hard work and dedication to providing an excellent customer experience," said Ignacio (Nacho) Deschamps, Group Head of International Banking and Digital Transformation at Scotiabank.
TORONTO , Oct. 30, 2018 /CNW/ - Scotiabank (BNS.TO) today announced the appointment of Rajagopal (Raj) Viswanathan as Executive Vice President and Chief Financial Officer, effective November 1, 2018 . Raj succeeds Sean McGuckin , who announced in May that he would take a leave of absence to attend to an illness in his family. Sean will retire as Chief Financial Officer on October 31 , though he will support the Bank during a transition period until December 31, 2018.
TORONTO , Oct. 29, 2018 /CNW/ - Scotiabank (BNS.TO) (NYSE: BNS) today announced the appointment of Benita Warmbold to the Bank's Board of Directors. "Benita Warmbold has an in-depth knowledge of the financial services industry, expertise from a global investment management firm and more than 30 years of industry experience," said Thomas O'Neill, Chairman of the Board of Directors at Scotiabank. "She has a proven track record of success and is widely-recognized for her strategic thinking and collaboration-centered work ethic.
The Ottawa-based central bank raised its overnight benchmark rate by a quarter point to 1.75 percent Wednesday, the third hike this year and fifth since it began tightening in 2017. Policy makers, buoyed by the country’s new trade deal with the U.S. and Mexico, are increasingly determined to return borrowing costs to more normal levels, as recent data suggests the economy is strong enough to cope with tighter policy. “The reality is the economy is running at its capacity and it is no longer needing stimulus and so it’s our job to prevent the thing from overheating,” Governor Stephen Poloz told reporters at a press conference after the decision.
Scotia Global Asset Management announces October 2018 cash distribution for Scotia Strategic Fixed Income ETF Portfolio
The Report includes a wide-ranging look at auto sales across Canada and the U.S., Latin America , Europe , and Asia-Pacific . Overall, Herrera notes that global auto sales fell from near-record levels posted a year ago in the US and a pullback of inventory-clear-out gains in the European Union prior to the introduction of new emission standards.
Over the past 10 years The Bank of Nova Scotia (TSE:BNS) has been paying dividends to shareholders. The company is currently worth CA$87.6b, and now yields roughly 4.8%. Does Bank Read More...
An Estimated 3.5 Million Raised for Local Charities at the 2018 Scotiabank Toronto Waterfront Marathon
More than 25,000 runners hit the streets for the 29th edition of the Scotiabank Toronto Waterfront Marathon
Media Advisory/Photo Opportunity - Scotiabank Toronto Waterfront Marathon Race Week Schedule
"The consequences of escalating trade actions are undeniable: higher prices in China and the U.S., less purchasing power for consumers in these countries, higher input costs, heightened financial market volatility and possibly higher interest rates. Canada : The latest Global Outlook finds an improvement in the forecast for the Canadian economy, as NAFTA-related uncertainty decreases while the massive Kitimat LNG plant is set to boost growth in 2020.
TORONTO , Oct. 12, 2018 /CNW/ - The Bank of Nova Scotia ("Scotiabank") (TSX, NYSE: "BNS") today announced that it has completed the domestic public offering of Non-cumulative 5-Year Rate Reset Preferred Shares Series 40 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 40"). Scotiabank sold 12 million Preferred Shares Series 40 at a price of $25.00 per share and holders will be entitled to receive a non-cumulative quarterly fixed dividend for the initial period ending January 26, 2024 yielding 4.85% per annum, as and when declared by the Board of Directors of Scotiabank.
TORONTO , Oct. 4, 2018 /CNW/ - Scotia Global Asset Management today announced it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). The PRI is the world's leading proponent of responsible investment. It supports a global network of asset owners, investment managers and service providers to incorporate environmental, social and governance (ESG) factors into their investment and ownership decisions.
TORONTO , Oct. 3, 2018 /CNW/ - Scotiabank announced today that it has completed the acquisition of MD Financial Management (MD), Canada's leading provider of financial services to physicians and their families. In tandem with the closing of the acquisition, Scotiabank and the Canadian Medical Association (CMA) have entered into a 10-year collaboration supporting philanthropic initiatives and programs for physicians and the communities they serve.
TORONTO , Oct. 2, 2018 /CNW/ - The Bank of Nova Scotia ("Scotiabank") (TSX, NYSE: "BNS") today announced a domestic public offering of Non-cumulative 5-Year Rate Reset Preferred Shares Series 40 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 40"). Scotiabank has agreed to sell 10 million of Preferred Shares Series 40 to a syndicate of underwriters led by Scotia Capital Inc. on a bought deal basis.
Novice income investors often look for the highest-yielding dividend stocks, thinking more is more. What they fail to realize is that's a much riskier proposition than finding companies with more reasonable current yields that consistently grow their payouts over time. In the U.S., the most hallowed group of dividend raisers are the Dividend Aristocrats - a group of 53 stocks that have improved their annual payout every year for at least 25 consecutive years. But America isn't the only part of the world with Aristocrats - Europe has them, and so does our neighbor to the north. In fact, there are 78 Canadian Dividend Aristocrats. Qualification for aristocracy in Canada is a little different and less stringent. A member stock must be listed on the Toronto Stock Exchange and a member of the S&P Canada BMI (Broad Market Index), it must increase its annual payout for 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 the list down to 25 Canadian dividend stocks better suited for American investors. The following 25 Canadian Dividend Aristocrats are easier to buy, as they're listed on either the NYSE or Nasdaq, and we've raised the bar to a seven-year minimum of consecutive payout hikes. Here they are: SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
Bank of Nova Scotia has settled charges filed by the U.S. Commodity Futures Trading Commission that it engaged in spoofing in gold and silver futures contracts traded on the Chicago Mercantile Exchange, ...