Bank of Nova Scotia (BNS_pk.TO)
|Market Cap (Mil.):||$77,372.77|
|Shares Outstanding (Mil.):||1,214.83|
TORONTO - Bank of Nova Scotia capped off Canada's bank earnings period with a higher quarterly profit and a dividend increase on the back of strong domestic lending volumes and wealth management income, but its international retail operations posted softer results.
* Profit of C$1.34 excluding items meets Wall Street estimate
* TSX rises 66.03 points, or 0.46 percent, to 14,278.77 * All of the 10 main index sectors advance * Index up about 4.8 percent this year By John Tilak TORONTO, March 4 - Canada's main stock index advanced on Tuesday, with gains in almost every major sector, after comments by Russian President Vladimir Putin helped ease concerns that military conflict in Ukraine was imminent. Providing further support, shares of Bank of Nova Scotia climbed after the lender reporte
TORONTO, March 4 - Bank of Nova Scotia said on Tuesday that its quarterly profit rose 6 percent on higher domestic lending and wealth management income, and it raised its quarterly dividend.
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TORONTO, Dec 12 - Bank of Nova Scotia : * Won't seek a U.S. retail bank acquisition - CEO * To continue to seek international growth in Latin America and Asia-CEO * Could seek "selective" acquisitions within in its current footprint * CEO would prefer to use capital for growth than to buy back shares * Happy with current 37 percent stake in CI Financial * CEO sees Basel common equity tier 1 ratio staying in range of 9-9.5 percent * Focused on reducing structural costs across th
TORONTO - Bank of Nova Scotia reported a 12 percent rise in quarterly profit due to its acquisition last year of online bank ING Direct, but the results were marred by a sluggish performance at its international and investment banking units.
* Profit at Canadian retail banking business jumps 23 pct
Dec 6 - Bank of Nova Scotia, Canada's No. 3 lender, said on Friday its fourth-quarter profit rose 12 percent, helped by a rise in banking fees, stronger wealth management revenue and higher net interest income.
SANTIAGO, Nov 29 - Chilean private bank CorpBanca said on Friday that it is studying a possible merger with a local or foreign bank.