Scotiabank Stock
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Scotiabank topped profit estimates last quarter while BMO missed. Here’s whyCanadian banks have sought growth south of the border expanding through acquisitions or brick by brick as opportunities in a saturated, highly regulated market at home are limited.MoneyAug 27
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Auto loans, variable mortgages weigh on Scotiabank earningsThe Bank of Nova Scotia reported its second-quarter profit fell compared with a year ago as it set aside more money for loan losses.MoneyMay 28
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Scotiabank eyes North American growth, could exit some foreign marketsScotiabank chief executive Scott Thomson says the bank is increasing its focus on North America and wealth management as part of its new growth strategy.MoneyDec 13, 2023
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Scotiabank Q4 profit falls, amount set aside for bad loans more than doublesScotiabank reported its fourth-quarter profit fell compared with a year ago as the amount it set aside to cover bad loans more than doubled.MoneyNov 28, 2023
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BMO, Scotiabank set aside more funds to cover bad loans amid higher interest ratesBMO and Bank of Nova Scotia, missed analysts' estimates for quarterly profit on Tuesday as they set aside more funds to cover for bad loans.MoneyAug 29, 2023
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BMO, Scotiabank are putting aside more money for loans that could go badBank of Montreal and Scotiabank kicked off Canada bank earnings with lower profit than a year ago. Both banks raised their dividends Wednesday.MoneyMay 24, 2023
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Scotiabank, BMO report Q1 profit dip as lenders set aside more money for loan defaultsBMO and Scotiabank both reported lower first-quarter profit as Canada's big banks release quarterly earnings.MoneyFeb 28, 2023
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Scotiabank earnings: Bank reports Q4 profit down but sees growth in global bankingScotiabank's Q4 earnings showed growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.MoneyNov 29, 2022
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Scotiabank reports Q3 profit of $2.59B, up from $2.54B in the same quarter last yearScotiabank says the profit amounted to $2.09 per diluted share for the quarter ended July 31, up from $1.99 per diluted share a year earlier.CanadaAug 23, 2022
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Scotiabank, BMO join big bank rivals in beating Q1 profit expectationsScotiabank benefited from improving earnings in its international unit and a recovery in business lending at home, while BMO saw a surge in capital markets profits.MoneyMar 1, 2022
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