|Bid||52.72 x 1200|
|Ask||52.73 x 1300|
|Day's Range||52.33 - 52.80|
|52 Week Range||48.34 - 60.60|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||10.27|
|Forward Dividend & Yield||2.59 (5.11%)|
|1y Target Est||N/A|
Bank of Nova Scotia (BNS) posted lackluster results in the first two quarters of fiscal 2019. Consequently, the stock has lost 15% since it peaked in September and is now trading around its three-year lows. Warning! GuruFocus has detected 8 Warning Signs with MSFT.
Bank of Montreal's (BMO) Q2 earnings benefit from improved revenues and strong loan growth, while rise in costs acts as major headwind.
While the markets have rebounded from last year's late plunge somewhat in 2019, there's still one positive remnant from the selloff. Dozens of high-quality blue-chip stocks have been cut in price enough to lift their dividend yields above 4%.At present, familiar names from the consumer staples sector are combining decades of steady dividend growth with near-record yields and bargain-priced valuations.Energy stocks - which already were depressed due to weakened energy prices - were hacked even deeper. But these companies have already responded to market adversity over the past few years by shedding poorly performing assets, trimming costs, repurchasing stock and paying down debt. Some of those same companies were able to keep raising dividends, too, and now are positioned to survive in lean times and thrive as energy prices recover.Even some international stocks' yields are ballooning thanks to Brexit fears and a slowdown in several countries' growth.As a result, each of these 14 blue-chip dividend stocks currently off yields of 4% or better - with the highest payers delivering more than 6%. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
The Bank of Nova Scotia's (BNS) second-quarter fiscal 2019 (ended Apr 30) earnings reflect higher revenues, its solid capital levels and elevated expenses.
Bank of Nova Scotia, Canada's third-biggest lender, on Tuesday missed analysts' estimates for second-quarter profit and forecast low-single-digit growth in mortgages this year, citing a slow start to the domestic housing market. Scotiabank's quarterly profit miss, which was the third in a row, was due to a surge in non-interest expenses and provisions for bad loans that offset gains from its international banking unit. Adjusted non-interest expenses rose 7.7% to about C$4 billion in the quarter from a year earlier, while its provisions for credit losses - the money set aside to cover bad loans - surged 35% to C$722 million ($535.9 million).
Canada’s third-largest lender by assets set aside more money for soured loans in its Canadian banking and international divisions, leading to a 63% jump in provisions across the bank. Provisions for credit losses were higher than analysts’ estimates at C$873 million ($648 million), including C$151 million tied to takeovers in Peru and the Dominican Republic.
The bank, based in Toronto, said it had earnings of $1.30 per share. Earnings, adjusted for non-recurring gains, were $1.28 per share. The results did not meet Wall Street expectations. The average estimate ...
Bank of Nova Scotia, Canada's third-biggest lender, reported a 1.4% rise in adjusted second-quarter profit on Tuesday, due to higher interest income. Scotiabank reported adjusted net profit attributable ...
Here's what to look for from Bank of Nova Scotia, Dick's Sporting Goods, Costco and Dollar General. My one holdup has been some concern from analysts about the bank's exposure to the Canadian housing market. Paying nearly a 5% yield, Bank of Nova Scotia has created strong, net interest income growth over the last five years.
Bank of Nova Scotia (BNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moody's has reviewed the following ABCP programs in conjunction with the proposed additions and amendments. At this time the additions and 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.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Scotiabank Peru and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank of Nova Scotia and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
U.S. District Judge Analisa Torres dismisses lawsuit filed against nine banks, of which six are Canadian, over Canadian rate-rigging.
A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits ...
Moody's has reviewed the following ABCP programs in conjunction with the proposed addition and amendment. At this time the addition and amendment, 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.
Bank of Nova Scotia NYSE:BNSView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for BNS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BNS. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BNS had net inflows of $918 million over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Financialsis falling. The rate of decline is very significant relative to the trend shown over the past year. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. BNS credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Moody's Investors Service has affirmed the foreign currency deposit rating of TMB Bank Public Company Limited (TMB) at Baa2. Moody's has also affirmed the Baseline Credit Assessment (BCA) and adjusted BCA of TMB at ba1. The outlook on all of TMB's ratings -- where applicable -- is maintained at positive.