Scotiabank Competitors and Similar CompaniesClear all

Desjardins's competitors and similar companies include CIBC, BMO, HSBC and Toronto-Dominion Bank.

	Desjardins Desjardins is a cooperative financial group that operates through business segments such as personal and business banking, property and casualty insurance, wealth management, and life and health insurance.	CIBC Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services.	BMO BMO (Bank of Montreal, formerly known as BMO Financial Group) is a company that provides investment banking solutions.	HSBC HSBC Holdings is a company that provides banking and financial services.	Toronto-Dominion Bank The Toronto-Dominion Bank (TD) operating as TD Bank Group is a multinational banking and financial services corporation.
Founding Date	Founding Date 1900	Founding Date 1961	Founding Date 1817	Founding Date 1865	Founding Date 1955
Type	Type Subsidiary	Type Public	Type Public	Type Public	Type Public
Tags	Tags Financial Services brokerage financial management insurance venture capital	Tags Financial Services banks financial management investment management mortgages	Tags Financial Services accounting financial management home loans insurance investment banks mortgages	Tags Financial Services commercial banks financial management holding company insurance mortgages	Tags Financial Services financial management insurance investment management mortgages
Locations	Locations Lévis, CA HQ Calgary, CA Caraquet, CA Montréal, CA Montréal, CA Montréal, CA Ottawa, CA see more	Locations Toronto, CA HQ	Locations Toronto, CA HQ Melbourne, AU Calgary, CA Charlottetown, CA Edmonton, CA Halifax, CA Moncton, CA see more	Locations London, GB HQ Bab Ezzouar, DZ Buenos Aires, AR Buenos Aires, AR Yerevan, AM Barangaroo, AU Wien, AT see more	Locations Toronto, CA HQ
Employees	Employees 56,165	Employees 48,698	Employees 53,597	Employees 211,940	Employees 101,7597% decrease
Valuation ($)	Valuation ($) N/A	Valuation ($) 59.8 b	Valuation ($) 68.2 b	Valuation ($) 1.6 b	Valuation ($) 98.2 b
Financial
Revenue (est.)	Revenue (est.) $18.3b (FY, 2020)	Revenue (est.) $55.5b (FY, 2023)	Revenue (est.) $68.1b (FY, 2023)	Revenue (est.) $163.4b (FY, 2024)	Revenue (est.) $101.2b (FY, 2023)
Cost of goods	Cost of goods $978m (FY, 2020)	Cost of goods $32.2b (FY, 2023)	Cost of goods $36.9b (FY, 2023)	Cost of goods $97.5b (FY, 2024)	Cost of goods $50.7b (FY, 2023)
Gross profit	Gross profit $17.4b (FY, 2020)	Gross profit $23.3b (FY, 2023)	Gross profit $31.2b (FY, 2023)	Gross profit $65.9b (FY, 2024)	Gross profit $50.5b (FY, 2023)
Net income	Net income $929m (FY, 2020)	Net income $5b (FY, 2023)	Net income $4.4b (FY, 2023)	Net income $25b (FY, 2024)	Net income $10.8b (FY, 2023)
Operating ⚠
ATMs	ATMs N/A	ATMs N/A	ATMs 5.8 k (FY, 2023)	ATMs N/A	ATMs 3.4 k (FY, 2023)
Assets Under Administration	Assets Under Administration $458.2b (FY, 2020)	Assets Under Administration $2.9t (FY, 2023)	Assets Under Administration N/A	Assets Under Administration N/A	Assets Under Administration N/A
Assets Under Management	Assets Under Management $89.1b (FY, 2020)	Assets Under Management $300.2b (FY, 2023)	Assets Under Management N/A	Assets Under Management N/A	Assets Under Management N/A
Bank Branches	Bank Branches N/A	Bank Branches N/A	Bank Branches 1.9 k (FY, 2023)	Bank Branches N/A	Bank Branches 1.1 k (FY, 2023)
Customers	Customers N/A	Customers N/A	Customers 13 m (FY, 2023)	Customers 40 m (FY, 2021)	Customers 28 m (FY, 2023)
Total Deposits	Total Deposits $72.4b (FY, 2020)	Total Deposits $723.4b (FY, 2023)	Total Deposits $914.1b (Q1, 2024)	Total Deposits N/A	Total Deposits $1.2t (FY, 2023)
Total Loans	Total Loans $55.7b (FY, 2020)	Total Loans $540.2b (FY, 2023)	Total Loans $645.8b (Q1, 2024)	Total Loans N/A	Total Loans $895.9b (FY, 2023)