|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|
|Earnings Date||Feb 6, 2017 - Feb 10, 2017|
|Forward Dividend & Yield||2.59 (5.11%)|
|1y Target Est||72.27|
More than 10,000 racers participated in the 16th Annual Scotiabank Blue Nose Marathon, raising over $500,000 for local community charities
TORONTO , June 4, 2019 /CNW/ - Scotia Global Asset Management today announced a non-cash distribution for the Scotia Strategic Fixed Income ETF Portfolio listed on the TSX. The non-cash distribution, as presented in the table below, will be made to all securityholders of record as at May 31, 2019 , payable on June 7, 2019 . The portfolio was considered a "financial institution" for purposes of the "mark-to-market" rules contained in the Income Tax Act ( Canada ). The portfolio ceased to be a financial institution when not more than 50% of the portfolio was held by one or more financial institutions which resulted in a deemed year-end for tax purposes.
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.
TORONTO , May 30, 2019 /CNW/ - Today, Scotiabank announced its signing of both the UN LGBTI (lesbian, gay, bi, trans and intersex) Standards for Business Conduct and the UN Women's Empowerment Principles (WEPs), further demonstrating the Bank's continued commitment to Diversity and Inclusion and the alignment to the Bank's Sustainable Business strategy, launched in its 2018 Sustainable Business report. "Scotiabank is committed to being an inclusive employer and an advocate for women and members of the LGBTI community.
TORONTO , May 30, 2019 /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 1,222,156,667 Common Shares issued and outstanding as of May 24, 2019 . 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.
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
Scotiabank Announces Redemption of Scotia BaTS III Series 2009-1 by Scotiabank Tier 1 Trust
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 ...
TORONTO , May 28, 2019 /CNW/ - The Bank of Nova Scotia ("Scotiabank") (TSX, NYSE: "BNS") announced today its intention to seek Toronto Stock Exchange ("TSX") approval for a normal course issuer bid to purchase up to 24 million of its Common Shares. This represents approximately two per cent of the Common Shares issued and outstanding as of May 24, 2019 . 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.
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 ...
Calgary women lead the pack of more than 9,000 racers celebrating the 55th anniversary of the Scotiabank Calgary Marathon
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.
TORONTO , May 24, 2019 /CNW/ - Tonight, at the Beyond Boundless event, in support of the SickKids Herbie Fund, Scotiabank announced a new $1 million donation to support Phase Two of the SickKids-Caribbean Initiative, a project with a goal of helping to build a sustainable program to diagnose and treat paediatric cancer and serious blood disorders in the Caribbean . The initiative – in which Scotiabank is recognized as the Telemedicine Partner – connects doctors at The Hospital for Sick Children (SickKids) in Toronto with doctors in six countries in the Caribbean to help improve – and in many cases, save the lives of young people. In addition, medical professionals across the Caribbean have access to participate in educational programming in Canada without ever setting foot on a plane.
Scotia Global Asset Management announces May 2019 cash distribution for Scotia Strategic Fixed Income ETF Portfolio
CALGARY , May 23, 2019 /CNW/ - The 55th edition of the Scotiabank Calgary Marathon takes place this weekend with participants raising money for 78 local charities, as part of the Scotiabank Charity Challenge. Canada's longest running marathon, 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.