60.43 +0.06 (0.09%)
After hours: 4:36PM EDT
|Bid||58.00 x 800|
|Ask||61.59 x 3200|
|Day's Range||60.11 - 60.52|
|52 Week Range||55.85 - 66.78|
|PE Ratio (TTM)||11.91|
|Forward Dividend & Yield||2.62 (4.53%)|
|1y Target Est||N/A|
The big six Canadian banks-- Bank of Montreal BMO , Bank of Nova Scotia BNS , Canadian Imperial Bank of Commerce CM , National Bank of Canada NA , Royal Bank of Canada RY , and Toronto-Dominion Bank TD --reported third-quarter results that were, on the whole, good once again. Since the second half of 2017, we have expected Scotiabank to underperform, which has happened. Bank of Montreal made a comeback during the quarter as its one-time charges rolled off, the Canadian banking unit consistently increases revenue while containing expenses, and the U.S. banking unit continues to see outsize commercial loan growth.
The Zacks Analyst Blog Highlights: Royal Bank of Canada, Bank of Montreal and Bank of Nova Scotia
As a CA$95.94b market capitalisation company operating in the financial services sector, The Bank of Nova Scotia (TSE:BNS) has benefited from strong economic growth and improved credit quality as aRead More...
Bank of Nova Scotia and Bank of Montreal have made strides in their push to do more with less. Scotiabank’s productivity ratio -- or expenses as a percentage of revenue -- fell to 52.5 percent in the quarter from 52.8 percent three months earlier, second-best among Canadian banks. Bank of Montreal’s efficiency ratio fell to 58.2 percent from 63.4 percent in the second quarter, when the lender had higher severance costs from restructuring.
Bank of Nova Scotia (BNS) delivered earnings and revenue surprises of -0.73% and -0.37%, respectively, for the quarter ended July 2018. Do the numbers hold clues to what lies ahead for the stock?
Bank of Nova Scotia’s purchase of Jarislowsky Fraser is already paying off. The acquisition of the Montreal-based money manager, along with improved margins and lower provisions, contributed to record Canadian banking profit in the fiscal third quarter, Scotiabank said Tuesday. The C$950 million purchase of Jarislowsky Fraser in May is one of six deals announced by Scotiabank in the past nine months, as the Toronto-based lender has committed about C$7 billion of capital to acquisitions at home and abroad.
Bank of Nova Scotia (NYSE: BNS ) announces its next round of earnings Tuesday. Here's Benzinga's advanced look at Bank of Nova Scotia's Q3 earnings report. Earnings and Revenue Bank of Nova Scotia EPS ...
Brian Porter took the reins as CEO of The Bank of Nova Scotia’s (TSE:BNS) and grew market cap to CA$95.75b recently. Recognizing whether CEO incentives are aligned with shareholders isRead More...
As a CA$94B market capitalisation bank, The Bank of Nova Scotia (TSE:BNS) is well-positioned to benefit from the improving credit quality as a result of post-GFC recovery. Growth stimulates demandRead More...
Moody's Investors Service ("Moody's") has today downgraded the senior unsecured debt and deposit ratings of four Chilean banks - Banco de Chile, Banco del Estado de Chile (Banco Estado), Banco Santander-Chile (Santander), and Banco de Crédito e Inversiones (Bci) - and changed their outlooks to stable from negative. Moody's also downgraded the long-term deposit rating of Banco Estado, New York Branch, as well as its long-term counterparty risk ratings and assessments.
Moody's Investors Service ("Moody's) has taken various rating actions on the deposits, long-term debt and Counterparty Risk Assessments (CRAs) of The Toronto-Dominion Bank (TD), Bank of Montreal (BMO), ...
Moody's Investors Service ("Moody's") announced that BBVA (Chile)'s (BBVA Chile) A3/Prime-2 long- and short-term global local and foreign currency deposit ratings are unaffected by the bank's acquisition by Bank of Nova Scotia (BNS, Aa2 deposits stable, a3) on 6 July 2018. The ratings have a stable outlook.
Jim Cramer said on CNBC's "Mad Money Lightning Round" that Cisco Systems, Inc. (NASDAQ: CSCO ) is terrific. It has a 3 percent yield and it was hurt by a decline in DRAM prices, so its margins ...
Banco Bilbao (BBVA) sells Chilean banking subsidiary to Bank of Nova Scotia, in a $2.2 billion cash deal, with an aim to streamline its business and drive operational efficiency.
Moody's has reviewed the following ABCP programs in conjunction with the described 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.
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...