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.

TSX: BNS +0.42%

Market Cap

C$75.74 Billion

CAD as of July 1, 2024

US$55.14 Billion

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.

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.

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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)

Details

Headquarters:

Bank of Nova Scotia Building

1709 Hollis Street

Halifax, NS B3J 1W1

Canada

Phone: 416-866-3672