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Aris Bogdaneris, Group Head of Canadian Banking at Bank of Nova Scotia NYSE: BNS, said the lender is seeing progress from a strategy centered on deepening primary customer relationships, diversifying revenue sources and maintaining pricing and cost discipline.
Bank of America Corp DE bought a new position in Bank of Nova Scotia (The) (NYSE: BNS) (TSE: BNS) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,588,463 shares of the bank's stock, valued at approximately $224,782,000. Bank of
The Bank of Nova Scotia (BNS:CA) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
The Bank of Nova Scotia (BNS:CA) Presents at Scotiabank's 27th Annual Financials Summit Transcript
Bank of Nova Scotia isn't a household name in the U.S., but this Canadian bank has an incredible dividend story to tell.
Bank of Nova Scotia reported robust Q3 results, mostly driven by favourable banking conditions. The bank's CET1 Ratio and Balance sheet metrics seem stable. Despite the favourable results, I acknowledge the ADR's cyclical performance and have thus decided to stay neutral until valuations cool down.
Scotiabank grew earnings per share 21% last quarter. BMO grew 22%. Both used the word "record." Neither was exaggerating. Scotiabank grew capital markets 37% and wealth 23%. BMO grew capital markets 45% and wealth 22%. Scotiabank raised provisions 3.7% to $1.079 billion. BMO cut provisions 9% to $722 million.
Scotiabank stock price continued its strong bull run this week, reaching an all-time high. BNS has jumped 30% this year and 68% over the past 12 months, outpacing the SPDR S&P Bank ETF (KBE), which has risen just 16% this year.
SEC filings for BNS aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.