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Bank of Nova Scotia (BNS.TO)

BNS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Scotiabank To Repurchase Up To 24 Mln Of Its Common Shares
Tuesday, 28 May 2019 06:15am EDT 

May 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK ANNOUNCES INTENTION TO REPURCHASE UP TO 24 MILLION OF ITS COMMON SHARES.BANK OF NOVA SCOTIA - PURCHASES UNDER BID MAY COMMENCE ON JUNE 4, AND WILL TERMINATE ON JUNE 3, 2020.  Full Article

Bank Of Nova Scotia Declares Dividend Of $0.87/Share On Common Shares
Tuesday, 28 May 2019 06:02am EDT 

May 28 (Reuters) - Bank of Nova Scotia ::BANK OF NOVA SCOTIA - DIVIDEND OF $0.87 PER SHARE ON COMMON SHARES.  Full Article

Bank Of Nova Scotia Reports Q2 Adj EPS Of C$1.70
Tuesday, 28 May 2019 06:00am EDT 

May 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK REPORTS SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE C$1.73.Q2 EARNINGS PER SHARE ESTIMATE C$1.74 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE C$1.70.QTRLY RETURN ON EQUITY OF 13.8%, COMPARED TO 14.9%.QTRLY NET INTEREST INCOME$4,193 MILLION VERSUS $3,950 MILLION.QTRLY PROVISION FOR CREDIT LOSSES $873 MILLION VERSUS $534 MILLION.QTRLY TOTAL REVENUE $7,803 MILLION VERSUS $7,058 MILLION.Q2 REVENUE VIEW C$7.67 BILLION -- REFINITIV IBES DATA.  Full Article

Scotiabank Says BVL Offers New Securities Lending Platform For Institutional Clients Looking To Invest In Peru
Thursday, 28 Mar 2019 01:00pm EDT 

March 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK SAYS BOLSA DE VALORES DE LIMA OFFERS NEW SECURITIES LENDING PLATFORM FOR INSTITUTIONAL CLIENTS LOOKING TO INVEST IN PERU.SCOTIABANK - BVL, CAVALI ICLV SA, SCOTIA CAPITAL USA, SCOTIA BOLSA, CITI PERU & AFP INTEGRA, HAS INTRODUCED A NEW SECURITIES LENDING PLATFORM IN PERU.  Full Article

Cincinnati Financial Signs $238.4 Mln Unsecured Standby Letter Of Credit Facility
Thursday, 28 Feb 2019 07:47am EST 

Feb 28 (Reuters) - Bank of Nova Scotia ::CINCINNATI FINANCIAL SAYS ON FEB. 25, CO, AS BORROWER, ENTERED INTO A $238.4 MILLION UNSECURED STANDBY LETTER OF CREDIT FACILITY WITH BANK OF NOVA SCOTIA.CINCINNATI FINANCIAL SAYS FACILITY OBTAINED IN ANTICIPATION OF CO'S PREVIOUSLY ANNOUNCED ACQUISITION OF MSP UNDERWRITING LTD, ITS UNITS - SEC FILING.  Full Article

Scotiabank says mortgage sales up 6 percent on last year
Tuesday, 29 May 2018 08:51am EDT 

May 29 (Reuters) - Bank of Nova Scotia ::SCOTIABANK CEO REITERATES OUTLOOK FOR MID-SINGLE DIGIT MORTGAGE VOLUME GROWTH.SCOTIABANK CANADA RETAIL HEAD SAYS MORTGAGE SALES ARE UP 6 PERCENT SO FAR THIS YEAR COMPARED WITH YEAR AGO.SCOTIABANK CFO SAYS EXPECTS CORE TIER 1 RATIO TO FALL TO AROUND 11 PERCENT IN Q4.  Full Article

Bank Of Nova Scotia Says Scotiabank Peru Reached Agreement With Cencosud Peru To Buy 51% Controlling Interest In Banco Cencosud
Wednesday, 9 May 2018 08:31pm EDT 

May 9 (Reuters) - Bank of Nova Scotia ::REACHED AN AGREEMENT WITH CENCOSUD PERU TO ACQUIRE A 51% CONTROLLING INTEREST IN BANCO CENCOSUD, FOR APPROXIMATELY C$130 MILLION.SAYS ITS PERUVIAN SUBSIDIARY, SCOTIABANK PERU, REACHED AGREEMENT WITH CENCOSUD PERU TO BUY A 51% CONTROLLING INTEREST IN BANCO CENCOSUD.TERMS OF TRANSACTION ARE NOT FINANCIALLY MATERIAL TO SCOTIABANK.  Full Article

Scotiabank Reports First Quarter EPS Of C$1.86
Tuesday, 27 Feb 2018 06:01am EST 

Feb 27 (Reuters) - Bank Of Nova Scotia ::SCOTIABANK REPORTS FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE C$1.86.QUARTERLY TOTAL REVENUE $7.09 BILLION VERSUS $6.87 BILLION.QUARTERLY DIVIDEND INCREASE OF 3 CENTS PER COMMON SHARE TO 82 CENTS.QTRLY ‍ROE OF 16.2%, COMPARED TO 14.3%​.QTRLY NET INTEREST INCOME $3,936 MILLION VERSUS $3,643 MILLION.COMMON EQUITY TIER 1 CAPITAL RATIO WAS 11.2% THIS QUARTER‍​.PROVISION FOR CREDIT LOSSES WAS $544 MILLION IN THIS QUARTER.Q1 EARNINGS INCLUDE $150 MILLION ACCOUNTING BENEFIT, ON REMEASUREMENT OF EMPLOYEE BENEFIT LIABILITY FROM CERTAIN PLAN MODIFICATIONS‍​.Q1 REVENUE VIEW C$7.05 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Scotiabank To Acquire Jarislowsky Fraser
Monday, 12 Feb 2018 08:00am EST 

Feb 12 (Reuters) - Bank Of Nova Scotia ::SCOTIABANK TO ACQUIRE JARISLOWSKY FRASER.BANK OF NOVA SCOTIA - PURCHASE PRICE PAYABLE AT CLOSING OF APPROXIMATELY $950 MILLION WILL BE SATISFIED PRIMARILY BY ISSUANCE OF SCOTIABANK COMMON SHARES..BANK OF NOVA SCOTIA - FOLLOWING COMPLETION OF THESE REPURCHASES, SCOTIABANK EXPECTS TRANSACTION TO BE ACCRETIVE TO EARNINGS IN FY 2020.BANK OF NOVA SCOTIA - WILL OFFSET DILUTIVE IMPACT OF ISSUANCE OF SHARES TO SATISFY PURCHASE PRICE BY REPURCHASING A SIMILAR AMOUNT OF COMMON SHARES.BANK OF NOVA SCOTIA - SCOTIABANK EXPECTS TRANSACTION TO BE ACCRETIVE TO EARNINGS IN FY 2020..BANK OF NOVA SCOTIA - AN EARN-OUT OF UP TO $56 MILLION IN ADDITIONAL SCOTIABANK COMMON SHARES MAY BE PAID BASED ON GROWTH TARGETS.  Full Article

Scotiabank To Acquire Citibank's Consumer Small And Medium Enterprise Operations In Colombia
Wednesday, 31 Jan 2018 04:23pm EST 

Jan 31 (Reuters) - Bank Of Nova Scotia ::SCOTIABANK TO ACQUIRE CITIBANK'S CONSUMER AND SMALL AND MEDIUM ENTERPRISE OPERATIONS IN COLOMBIA.BANK OF NOVA SCOTIA - TRANSACTION IS NOT FINANCIALLY MATERIAL TO SCOTIABANK.BANK OF NOVA SCOTIA SAYS SCOTIABANK'S COMMON EQUITY TIER ONE CAPITAL RATIO WILL BE IMPACTED BY LESS THAN 10 BASIS POINTS.BANK OF NOVA SCOTIA - ‍THIS AGREEMENT ALSO INCLUDES ASSUMPTION BY BANCO COLPATRIA OF CITIBANK'S WORKFORCE​.BANK OF NOVA SCOTIA - SCOTIABANK AND MERCANTIL COLPATRIA WILL INVEST PROPORTIONATELY TO MAINTAIN THEIR EXISTING OWNERSHIP LEVELS IN BANCO COLPATRIA.  Full Article

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Scotiabank misses profit on higher provisions, flags slow mortgage growth

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.