Bank of Nova Scotia (Scotiabank)
OverviewSuggest Edit
The Bank of Nova Scotia, operating as Scotiabank, is Canada’s international bank and financial service provider. The Bank offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Scotiabank has four business lines: Canadian Banking, International Banking, Global Wealth & Insurance (GWI), Global Banking & Markets.
Canadian Banking provides a suite of financial advice and banking solutions to personal and business customers across Canada. Scotiabank also provides an alternative self-directed banking solution through Tangerine Bank. International Banking provides a range of financial products, solutions, and advice to retail and commercial customers in select regions outside of Canada, supplemented by additional products and services offered by Global Banking & Markets and Global Wealth & Insurance. Global Wealth & Insurance (GWI) combines the Bank's wealth management and insurance operations in Canada and internationally, and Global Transaction Banking. Global Banking & Markets offers a variety of products and services to corporate, government and institutional investor clients globally.
| Type | Public | |
| Founded | 1832 | |
| HQ | Toronto, CA | Map |
| Website | scotiabank.com |
Key People/Management at Bank of Nova Scotia (Scotiabank)
Brian J. Porter
Ignacio Nacho Deschamps
Dieter W. Jentsch
Barbara Mason
CA Sean D. McGuckin
James OSullivan
Bank of Nova Scotia (Scotiabank) Office Locations
Bank of Nova Scotia (Scotiabank) Financials and Metrics
Bank of Nova Scotia (Scotiabank) Revenue
| CAD | |
|---|---|
Revenue (Q2, 2018) | 7.1b |
Net income (Q2, 2018) | 2.2b |
Market capitalization (22-May-2019) | 64.9b |
Closing stock price (22-May-2019) | 53.1 |
Cash (30-Apr-2018) | 61.8b |
EV | 8.8b |
- Source: Company Filings
| CAD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.9b | 5.9b | 6.1b | 6.1b | 6.4b | 6.6b | 6.6b | 6.8b | 6.9b | 6.6b | 6.9b | 6.8b | 7.1b | 7.1b |
Operating expense total | 3.2b | 3.2b | 3.3b | 3.3b | 3.6b | 3.8b | 3.5b | 3.7b | 3.7b | 3.6b | 3.7b | 3.7b | 3.5b | 3.7b |
Pre tax profit | 2.2b | 2.3b | 2.3b | 2.3b | 2.3b | 2.0b | 2.6b | 2.6b | 2.6b | 2.4b | 2.6b | 2.6b | 3.0b | 2.8b |
Income tax expense | 477.0m | 468.0m | 463.0m | 445.0m | 444.0m | 441.0m | 605.0m | 540.0m | 617.0m | 332.0m | 546.0m | 538.0m | 709.0m | 621.0m |
- Source: Company Filings
| CAD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 56.7b | 73.9b | 46.3b | 59.7b |
PP&E | 2.3b | 2.3b | 2.5b | 2.4b |
Goodwill | 6.9b | 7.0b | 7.4b | 12.1b |
Total Assets | 805.7b | 856.5b | 896.3b | 915.3b |
| CAD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 65.9b | 60.7b | 82.8b | 75.3b | 61.2b | 69.8b | 48.4b | 50.9b | 57.8b | 57.4b | 61.8b |
PP&E | 2.3b | 2.2b | 2.2b | 2.3b | 2.3b | 2.4b | 2.3b | 2.4b | 2.2b | 2.3b | 2.4b |
Total Assets | 851.9b | 837.2b | 863.1b | 919.6b | 895.0b | 906.8b | 887.0b | 921.6b | 906.3b | 923.2b | 926.3b |
Long-term debt | 5.0b | 6.1b | 6.2b | 7.8b | 7.5b | 7.6b | 7.5b | 7.6b | 7.4b | 5.7b | 5.7b |
| CAD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 7.3b | 7.2b | 7.4b | 8.2b |
Depreciation and Amortization | 526.0m | 584.0m | 684.0m | 761.0m |
Cash From Operating Activities | 4.9b | 13.8b | 4.1b | 16.6b |
Purchases of PP&E | (277.0m) | (282.0m) | (348.0m) | 3.0m |
| CAD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 1.7b | 3.5b | 5.4b | 1.8b | 3.4b | 5.4b | 2.0b | 4.1b | 6.2b | 2.3b | 4.5b |
Depreciation and Amortization | 139.0m | 283.0m | 427.0m | 159.0m | 328.0m | 501.0m | 187.0m | 375.0m | 566.0m | 199.0m | 403.0m |
Cash From Operating Activities | 5.9b | 3.8b | 21.6b | 13.2b | 16.2b | 26.7b | 8.3b | 2.1b | 16.7b | 8.7b | 10.5b |
Purchases of PP&E | (58.0m) | (59.0m) | (137.0m) | (92.0m) | (124.0m) | (294.0m) | (24.0m) | (115.0m) |
| CAD | Y, 2018 |
|---|---|
EV/CFO | 0.8 x |
Debt/Equity | 0.1 x |
Financial Leverage | 14.7 x |
Bank of Nova Scotia (Scotiabank) Operating Metrics
| Q4, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 21 m | 23 m | 23 m | 24 m | |||||||||||
Total Loans | $424.31 b | $439.92 b | $435.96 b | $451.05 b | $458.63 b | $476.55 b | $466.85 b | $472.80 b | $480.16 b | $477.35 b | $496.26 b | $498.56 b | $504.37 b | $503.20 b | $517.92 b |
Total Deposits | $554.02 b | $584.60 b | $575.28 b | $602.79 b | $600.92 b | $630.89 b | $609.31 b | $631.34 b | $611.88 b | $604.70 b | $628.21 b | $618.14 b | $625.37 b | $635.84 b | $640.64 b |
Assets Under Management | $164.82 b | $173.78 b | $176.80 b | $182.89 b | $179.01 b | $179 b | $179.41 b | $187.86 b | $192.70 b | $194 b | $204.96 b | $201.27 b | $206.68 b | $210.83 b | $213.11 b |
Bank of Nova Scotia (Scotiabank) Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Jarislowsky Fraser | February 12, 2018 | $950 m |
| 1832 Asset Management L.P. | ||
| Banco Colpatria Multibanca Colpatria S.A. | ||
| BNS Asia Limited | ||
| BNS Investments Inc. | ||
| Grupo BNS de Costa Rica S.A. | ||
| Grupo Financiero Scotiabank Inverlat, S.A. de C.V. | ||
| Hollis Canadian Bank | ||
| HollisWealth Inc. | ||
| Montreal Trust Company of Canada |
Bank of Nova Scotia (Scotiabank) Revenue Breakdown
Bank of Nova Scotia (Scotiabank) revenue breakdown by business segment: 46.1% from Canadian Banking, 37.3% from International Banking and 16.6% from Global Banking and Markets
Bank of Nova Scotia (Scotiabank) revenue breakdown by geographic segment: 52.5% from Canada, 7.0% from Mexico, 20.1% from Other International, 7.0% from Peru and 13.4% from Other
Bank of Nova Scotia (Scotiabank) Online and Social Media Presence
94.68k Twitter followers
Bank of Nova Scotia (Scotiabank) has 94.68k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.8% quarter over quarter
Twitter Engagement Stats for @scotiabank
3.8k
Tweets
260
Following
94.7k
Followers
62
Tweets last 30 days
13.8
Avg. likes per Tweet
100%
Tweets with engagement
Bank of Nova Scotia (Scotiabank) News and Updates
Viola amasses $100 mln for fintech fund
Bank of Nova Scotia (Scotiabank) Frequently Asked Questions
When was Bank of Nova Scotia (Scotiabank) founded?
Bank of Nova Scotia (Scotiabank) was founded in 1832.
Who are Bank of Nova Scotia (Scotiabank) key executives?
Bank of Nova Scotia (Scotiabank)'s key executives are Brian J. Porter, Ignacio Nacho Deschamps and Dieter W. Jentsch.
How many employees does Bank of Nova Scotia (Scotiabank) have?
Bank of Nova Scotia (Scotiabank) has 98,508 employees.
What is Bank of Nova Scotia (Scotiabank) revenue?
Latest Bank of Nova Scotia (Scotiabank) annual revenue is $27.2 b.
What is Bank of Nova Scotia (Scotiabank) revenue per employee?
Latest Bank of Nova Scotia (Scotiabank) revenue per employee is $275.7 k.
Who are Bank of Nova Scotia (Scotiabank) competitors?
Competitors of Bank of Nova Scotia (Scotiabank) include Desjardins, Canadian Imperial Bank of Commerce (CIBC) and Bank of Montreal (BMO).
Where is Bank of Nova Scotia (Scotiabank) headquarters?
Bank of Nova Scotia (Scotiabank) headquarters is located at 44 King St W, Toronto.
Where are Bank of Nova Scotia (Scotiabank) offices?
Bank of Nova Scotia (Scotiabank) has offices in Toronto, Halifax, Vancouver, Calgary and in 26 other locations.
How many offices does Bank of Nova Scotia (Scotiabank) have?
Bank of Nova Scotia (Scotiabank) has 30 offices.