Scotiabank

OverviewSuggest Edit

Scotiabank (also known as the Bank of Nova Scotia) is an international bank and financial service provider. It 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 and Insurance (GWI), Global Banking and Markets.

TypePublic
Founded1832
HQToronto, CAMap
Websitescotiabank.com
View Jobs (543)

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Latest Updates

Employees (est.) (Oct 2019)101,813(+4%)
Job Openings543
Revenue (FY, 2019)C$31 B(+8%)
Share Price (Aug 2020)C$56.9 (+2%)
Cybersecurity ratingDMore

Key People/Management at Scotiabank

Brian J. Porter

Brian J. Porter

President and Chief Executive Officer
Barbara Mason

Barbara Mason

Group Head, Chief Human Resources Officer
Pruyn Haskins

Pruyn Haskins

Managing Director and Head, Global Equities
Daniel Moore

Daniel Moore

Group Head & Chief Risk Officer
Peter Heidinger

Peter Heidinger

Managing Director and Head, Global Banking and Markets Europe
Michael Kruse

Michael Kruse

Managing Director and Head, Global Banking and Markets, U.S.
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Scotiabank Office Locations

Scotiabank has offices in Toronto, Calgary, Halifax, Montréal and in 31 other locations
Toronto, CA (HQ)
44 King St W
Calgary, CA
225 7 Ave SW
Halifax, CA
1709 Hollis St
Montréal, CA
1002 Rue Sherbrooke Ouest
Toronto, CA
20 Queen St W 28th floor
Vancouver, CA
650 W Georgia St
Show all (37)

Scotiabank Financials and Metrics

Scotiabank Revenue

Scotiabank's revenue was reported to be C$31.03 b in FY, 2019 which is a 7.9% increase from the previous period.
CAD

Revenue (Q1, 2020)

8.1b

Net income (Q1, 2020)

2.3b

Market capitalization (7-Aug-2020)

68.9b

Closing stock price (7-Aug-2020)

56.9

Cash (31-Jan-2020)

69.3b

EV

6.9b
Scotiabank's current market capitalization is C$68.9 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

26.4b27.2b28.8b31.0b

Revenue growth, %

10%3%6%8%

Operating expense total

14.5b14.6b15.1b16.7b

Pre tax profit

9.4b10.3b11.1b11.3b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Revenue

6.9b6.6b6.9b6.8b7.1b7.1b7.2b7.4b7.6b7.8b7.7b8.0b8.1b

Operating expense total

3.7b3.6b3.7b3.7b3.5b3.7b3.8b4.1b4.2b4.0b4.2b4.3b4.4b

Pre tax profit

2.6b2.4b2.6b2.6b3.0b2.8b2.5b2.8b2.7b2.9b2.7b2.9b2.8b

Income tax expense

617.0m332.0m546.0m538.0m709.0m621.0m529.0m523.0m498.0m625.0m753.0m596.0m471.0m
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Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Cash

46.3b59.7b62.3b46.7b

Accounts Receivable

480.2b504.4b551.8b592.5b

PP&E

2.5b2.4b2.7b2.7b

Goodwill

7.4b7.2b10.0b9.6b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

48.4b50.9b57.8b57.4b61.8b51.9b52.9b50.1b45.3b69.3b

Accounts Receivable

477.4b496.3b498.6b503.2b517.9b548.6b566.1b583.8b589.2b592.3b

PP&E

2.3b2.4b2.2b2.3b2.4b2.6b2.7b2.7b2.6b6.1b

Total Assets

887.0b921.6b906.3b923.2b926.3b946.7b1.0t1.1t1.1t1.2t
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Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

7.4b8.2b8.7b8.8b

Depreciation and Amortization

684.0m761.0m848.0m1.1b

Cash From Operating Activities

4.1b16.6b17.8b(12.0b)

Purchases of PP&E

(348.0m)3.0m(416.0m)(186.0m)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

2.0b4.1b6.2b2.3b4.5b6.5b2.2b4.5b6.5b2.3b

Depreciation and Amortization

187.0m375.0m566.0m199.0m403.0m615.0m248.0m506.0m782.0m399.0m

Cash From Operating Activities

8.3b2.1b16.7b8.7b10.5b(7.8b)(11.6b)(9.1b)(16.1b)17.2b

Purchases of PP&E

175.0m180.0m190.0m(24.0m)(115.0m)(221.0m)(17.0m)(104.0m)(38.0m)(95.0m)
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CADFY, 2016

Revenue/Employee

295.5k

Debt/Equity

0.1 x

Financial Leverage

15.5 x
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Scotiabank Operating Metrics

Scotiabank's Assets Under Management was reported to be C$297.1b in Q1, 2020. Scotiabank's Total Deposits was reported to be C$763.9b in Q1, 2020. Scotiabank's Total Loans was reported to be C$592.3b in Q1, 2020.
Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Total Loans

C$424.31 bC$439.92 bC$435.96 bC$451.05 bC$458.63 bC$476.55 bC$466.85 bC$472.80 bC$480.16 bC$477.35 bC$496.26 bC$498.56 bC$504.37 bC$503.20 bC$517.92 bC$548.60 bC$551.83 bC$566.11 bC$583.82 bC$589.24 bC$592.48 bC$592.28 b

Total Deposits

C$554.02 bC$584.60 bC$575.28 bC$602.79 bC$600.92 bC$630.89 bC$609.31 bC$631.34 bC$611.88 bC$604.70 bC$628.21 bC$618.14 bC$625.37 bC$635.84 bC$640.64 bC$654.18 bC$676.53 bC$690.88 bC$712.28 bC$722.35 bC$733.39 bC$763.85 b

Assets Under Management

C$164.82 bC$173.78 bC$176.80 bC$182.89 bC$179.01 bC$179 bC$179.41 bC$187.86 bC$192.70 bC$194 bC$204.96 bC$201.27 bC$206.68 bC$210.83 bC$213.11 bC$254.78 bC$282.22 bC$281.49 bC$297.17 bC$297.11 bC$301.63 bC$297.09 b

Assets Under Administration

C$427.55 bC$440.79 bC$445.77 bC$459.85 bC$453.93 bC$452.56 bC$453.47 bC$464.93 bC$472.82 bC$469.61 bC$494.22 bC$481.08 bC$470.20 bC$470.94 bC$471.83 bC$483.20 bC$516.03 bC$521.93 bC$549.78 bC$547.86 bC$558.41 bC$553.88 b
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Scotiabank Acquisitions / Subsidiaries

Company NameDateDeal Size
MD FinancialOctober 31, 2018$2.60 b
BBVA ChileJuly 31, 2018
Jarislowsky FraserFebruary 12, 2018$950 m
ColfondosDecember 19, 2012
Howard WeilMay 18, 2012
1832 Asset Management L.P.
Banco Colpatria Multibanca Colpatria S.A.
BNS Asia Limited
BNS Investments Inc.
Grupo BNS de Costa Rica S.A.
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Scotiabank Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

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Scotiabank Revenue Breakdown

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Scotiabank revenue breakdown by business segment: 14.1% from Global Banking and Markets, 42.3% from International Banking and 43.6% from Canadian Banking

Scotiabank revenue breakdown by geographic segment: 10.2% from Caribbean and Central America, 7.6% from Peru, 6.9% from Other International, 7.8% from Chile, 6.2% from United States, 5.2% from Colombia, 7.6% from Mexico and 48.5% from Canada

Scotiabank Online and Social Media Presence

Scotiabank's Trends

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Scotiabank News and Updates

December 06, 2017

Viola amasses $100 mln for fintech fund

Israel-based tech investor Viola has raised $100 million for its new global fintech fund. The target is $120 million to $150 million. The fund's backers include Scotiabank, The Travelers Companies Inc and Bank Hapoalim.

 Scotiabank Frequently Asked Questions

  • When was Scotiabank founded?

    Scotiabank was founded in 1832.

  • Who are Scotiabank key executives?

    Scotiabank's key executives are Brian J. Porter, Barbara Mason and Pruyn Haskins.

  • How many employees does Scotiabank have?

    Scotiabank has 101,813 employees.

  • What is Scotiabank revenue?

    Latest Scotiabank annual revenue is C$31 b.

  • What is Scotiabank revenue per employee?

    Latest Scotiabank revenue per employee is C$304.8 k.

  • Who are Scotiabank competitors?

    Competitors of Scotiabank include Desjardins, Canadian Imperial Bank of Commerce (CIBC) and Bank of Montreal.

  • Where is Scotiabank headquarters?

    Scotiabank headquarters is located at 44 King St W, Toronto.

  • Where are Scotiabank offices?

    Scotiabank has offices in Toronto, Calgary, Halifax, Montréal and in 31 other locations.

  • How many offices does Scotiabank have?

    Scotiabank has 37 offices.