Bank of Nova Scotia Stock (NYSE:BNS): Weighing the Risks and Opportunities [Yahoo! Finance]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
Check Earnings Report
US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
Company Research
Source: Yahoo! Finance
Despite poor macro conditions in Canada, I'm neutral on Bank of Nova Scotia because of its exposure to Latin America and potential to improve its profitability in the long run. With high balance sheet leverage and stretched debt-service ratios (DSR) in Canada, I think there are risks and opportunities for BNS. Canadian Bank Earnings May be Overstated I have been bearish on Canadian banks for some time now. While much of the world has been deleveraging since 2008, Canadians haven't been part of that majority. As Canada's historically high debt levels collide with high interest rates, I believe the country could face a significant 2008-style deleveraging. This means Canadian banks may face substantial increases in their provisions for credit losses. For example, Bank of Nova Scotia had 0.86% of its loan book reserved as an “allowance for loan losses.” Yes, less than 1%. Citigroup ( NYSE:C ), a U.S. bank with similar international exposure, has 2.71% of its loan book reserved. This
Show less
Read more
Impact Snapshot
Event Time:
BNS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BNS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BNS alerts
High impacting Bank Nova Scotia Halifax Pfd 3 Ordinary Shares news events
Weekly update
A roundup of the hottest topics
BNS
News
- AM Best Affirms Credit Ratings of Scotia Insurance (Barbados) Limited [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of Scotia Reinsurance Limited [Yahoo! Finance]Yahoo! Finance
- TFSA Investors: 2 Dividend Stocks I'd Buy and Hold Forever [Yahoo! Finance Canada]Yahoo! Finance Canada
- Big Bank Bull Run? 2 Canadian Bank Stocks Overdue for a Rally [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canada's population topped 41 million. But is this the rise before the fall? [Financial Post (Toronto, Ontario, Canada)]Financial Post
BNS
Earnings
- 5/28/24 - Beat
BNS
Sec Filings
- 6/20/24 - Form 424B2
- 6/20/24 - Form FWP
- 6/20/24 - Form FWP
- BNS's page on the SEC website