Company

Bank of Nova Scotia

Headquarters: Halifax, NS, Canada

Founded: March 30, 1832

Employees: 89,782

CEO: Mr. Brian Johnston Porter A.M.P., B.Com.

show_chart TSX: BNS

Market Cap

C$109.86 Billion

CAD as of April 1, 2022

US$87.76 Billion

history Market Cap History

Company Description

Operating as Scotiabank, the Bank of Nova Scotia is a multinational bank. Founded in 1832, the Bank of Nova Scotia has become "the most international bank of Canada" through its acquisitions in more than fifty countries of Latin America and the Caribbean, Europe, and parts of Asia.

Bank of Nova Scotia market capitalization over time

Evolution of Bank of Nova Scotia market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Bank of Nova Scotia

Detailed Description

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

Wikipedia Introduction

The Bank of Nova Scotia (French: La Banque de Nouvelle-Écosse), operating as Scotiabank (French: Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third largest Canadian bank by deposits and market capitalization. It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 92,001 employees and assets of CA$1,136 billion (according to 2020 annual report), Scotiabank trades on the Toronto (TSX: BNS) and New York (NYSE: BNS) exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002. Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. Scotiabank has billed itself as "Canada's most international bank" due to its acquisitions primarily in Latin America and the Caribbean, and also in Europe and parts of Asia. Scotiabank is a member of the London Bullion Market Association and one of fifteen accredited institutions which participate in the London gold fixing. From 1997 to 2019, this was conducted through its precious metals division ScotiaMocatta. Scotiabank is led by President and CEO Brian J. Porter.

Source: Wikipedia, retrieved on March 31, 2022, 8:54 p.m.

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Key People

Brian J. Porter (president and CEO) Raj Viswanathan (CFO)

Financials

Revenue: C$31.25 billion (2021)

Net income: C$9.96 billion (2021)


Total assets: C$1.18 trillion (2021)

Total equity: C$72.89 billion (2021)

Stocks & Indices

Bank of Nova Scotia has the following listings and related stock indices.


Stock: TSX: BNS

Stock: FSX: BKN

Stock: TSX: BNS.PR.D

Stock: TSX: BNS.PR.G

Stock: TSX: BNS.PR.H

Stock: TSX: BNS.PR.I

Stock: NYSE: BNS

Details

Headquarters:

Bank of Nova Scotia Building

1709 Hollis Street

Halifax, NS B3J 1W1

Canada

Phone: 416-866-3672