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Bank of Nova Scotia (NY: BNS )

61.20 USD +2.32 (+3.94%)
Official Closing Price Updated: 7:51 PM EST, Feb 24, 2021 Add to My Watchlist
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Canadian Credit Cycle Starting To Bite
As Canadian banks begin reporting their second-quarter earnings this week (for Feb thru April), Bank of Nova Scotia was first on deck with a 39% drop in profits and a 111% increase in loan loss... 
Tags Financial Stocks / Equities
From Blogs - TalkMarkets
WRAPUP 1-Royal Bank of Canada, BMO profits halved amid billions of dollars in loan-loss provisions
Royal Bank of Canada and Bank of Montreal on Wednesday reported disappointing quarterly profits that more than halved from a year earlier as they set aside billions of dollars to cover future loan... 
Tags companyNews
From Reuters: Company News
UPDATE 1-Bank of Montreal profit misses mark as credit losses loom
Bank of Montreal on Wednesday reported quarterly profit below analysts' estimates as it set aside more money to cover potential loan losses stemming from the coronavirus pandemic. 
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From Reuters: Company News
WRAPUP 1-Scotiabank, National Bank of Canada beat estimates even as loan-loss provisions erode profits
Bank of Nova Scotia and National Bank of Canada reported better-than-expected second-quarter results on Tuesday despite large profit declines driven by spikes in loan-loss provisions due to the... 
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From Reuters: Company News
National Bank of Canada profit falls 32% on loan loss provisions
National Bank of Canada reported a 32% fall in quarterly profit on Tuesday, as it set aside C$504 million ($365.46 million) to cover expected loan losses caused by the coronavirus outbreak. 
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From Reuters: Company News
Bank of Nova Scotia (BNS) Q2 2020 Earnings Call Transcript
BNS earnings call for the period ending April 30, 2020. 
Tags BNS Market News
From Motley Fool
Scotiabank sets aside $168 mln for metals closure and investigations
Bank of Nova Scotia (Scotiabank) has set aside C$232 million ($168 million) to cover costs relating to the closure of its metals business and investigations of its metals trading practices by U.S.... 
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From Reuters: Company News
UPDATE 4-Scotiabank profit drops 41%, more bad loans seen but stock still jumps
Bank of Nova Scotia on Tuesday said loan-loss provisions will remain high after a second-quarter increase drove a 41% profit decline, but shares still jumped 5% as earnings still beat analyst... 
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From Reuters: Company News
UPDATE 3-Scotiabank says Q3 loan-loss provisions to be near current elevated level
Bank of Nova Scotia on Tuesday said it expects third-quarter credit-loss provisions to be at similar levels to the previous three months, when it more than doubled the money set aside to cover loan... 
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From Reuters: Company News
CANADA STOCKS-TSX futures rise on recovery hopes as lockdowns ease
Canada's main stock index futures rose on Tuesday as hopes of economic recovery following an easing of lockdowns by several countries led investors to overlook the Sino-U.S. tensions. 
Tags companyNews
From Reuters: Company News
UPDATE 1-Scotiabank profit beats, but loan loss provisions jump two-fold
Bank of Nova Scotia on Tuesday reported quarterly profit that beat analysts' estimates due to a strong performance in the capital markets business, but the bank's loan loss provisions jumped two-fold. 
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From Reuters: Company News
Recap: Bank of Nova Scotia Q2 Earnings
Shares of Bank of Nova Scotia (NYSE:BNS) rose 0.7% in pre-market trading after the company reported Q2 results. Quarterly ... 
Tags BNS Market News News
From Benzinga
Scotiabank profit drops 41.5% on higher loan losses
Bank of Nova Scotia said on Tuesday second-quarter profit fell 41.5%, hit by a jump in loan-loss provisions due to the COVID-19 outbreak. 
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From Reuters: Company News
Scotiabank Announces Dividend on Outstanding Shares
From PR Newswire
Scotiabank reports second quarter results
From PR Newswire
Earnings Scheduled For May 26, 2020
Companies Reporting Before The Bell AutoZone Inc. (NYSE: AZO) is estimated to report quarterly earnings at $13.68 per share on ... 
Tags AMWD Pre/Market Outlook Market News
From Benzinga
Trudeau asks bank CEOs for views on economy, COVID-19 relief- Globe and Mail
Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail reported... 
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From Reuters: Company News
Scotia Global Asset Management announces May 2020 cash distribution for Scotia Strategic Fixed Income ETF Portfolio
From PR Newswire
Three days until the premiere of Hockey 24!
From PR Newswire
INSIGHT-Traders Beware: U.S. taps new tools to find fraud in volatile commodities market
When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't the first time the government had probed... 
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From Reuters: Company News
/R E P E A T -- Scotiabank to Announce Second Quarter 2020 Results/
From PR Newswire
PRESS DIGEST- Canada-May 15
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. 
Tags companyNews
From Reuters: Company News
The Scotiabank Women Initiative Has Something for Every Women-Owned, Women-Led Business
Tags The Scotiabank Women Initiative Geneviève Brouillard Bank of Nova Scotia
From 3BL Media: Corporate Social Responsibility, Energy and Health News
Missing Hockey? Mark May 24, 2020 on your calendar
From PR Newswire
How To Invest During A Market Crash
Join Kanwal Sarai as he discusses strategies to invest successfully, safely, and with confidence. Kanwal shares his knowledge of dividend value investing over the last 21 years, and demonstrates how he... 
Tags Stocks / Equities
From Blogs - TalkMarkets
Scotiabank to Announce Second Quarter 2020 Results
From PR Newswire
Some Canadian banks freeze new financing for commercial properties on COVID-19 concerns
Some Canadian banks have frozen new lending for smaller commercial property purchases, in some cases withdrawing letters of intent, as the coronavirus crisis raises concerns about owners’ ability to... 
Tags companyNews
From Reuters: Company News
Banks Facilitate Access to Emergency Wage Subsidy Through CRA Direct Deposit
From PR Newswire
NEWSMAKER-New Bank of Canada governor Macklem brings job familiarity with green touch
Canada's new central bank governor, Tiff Macklem, may be seen by market watchers as an outsider, but the Montrealer is no stranger to the institution and brings with him a background that could prove... 
Tags companyNews
From Reuters: Company News
NEWSMAKER-New Bank of Canada governor Macklem brings job familiarity with green touch
Canada's new central bank governor, Tiff Macklem, may be seen by market watchers as an outsider, but the Montrealer is no stranger to the institution and brings with him a background that could prove... 
Tags companyNews
From Reuters: Company News
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