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Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: Advisor.ca
The big banks turned in mixed results for the third quarter as hefty provisions at some of them weighed on earnings, says Fitch Ratings. The Big Six, along with Desjardins Group, reported an 11% drop in aggregate net income on a year-over-year basis, the rating agency found. The decline in earnings came “despite strong revenue growth, particularly in Canadian banking, wealth management and capital markets,” Fitch noted in a report. Aggregate revenue was up 3% overall, largely driven by stronger Canadian banking activity taking place following recent interest rate cuts from the Bank of Canada. Revenue also rose thanks to “wealth management fees, and robust trading and advisory revenues in capital markets.” In the face of this headline strength, however, “there was the significant increase in aggregate loan-loss provisions,” Fitch noted. The largest increases were for Bank of Nova Scotia and Bank of Montreal, where provisions rose 31% and 29% quarter-over-quarter, respectively. Add
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High impacting Bank Nova Scotia Halifax Pfd 3 Ordinary Shares news events
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BNS
News
- The Bank of Nova Scotia (NYSE: BNS) was upgraded by analysts at Barclays PLC from an "underweight" rating to an "equal weight" rating.MarketBeat
- 'Low-hanging': Analysts upgrade Scotia on earnings growth potential, leadership [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dynamic Funds announces November 2024 cash distributions for Dynamic Active ETFs and ETF Series [Yahoo! Finance]Yahoo! Finance
- The Bank of Nova Scotia (NYSE: BNS) was upgraded by analysts at Canaccord Genuity Group Inc. from a "hold" rating to a "buy" rating.MarketBeat
- Dynamic Funds announces November 2024 cash distributions for Dynamic Active ETFs and ETF Series [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BNS
Earnings
- 8/27/24 - Beat
BNS
Sec Filings
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- BNS's page on the SEC website