Scotiabank's Earnings Fall Short as it Takes Charge on Chinese Bank Investment
Key Takeaways The Bank of Nova Scotia posted fourth-quarter earnings below what analysts had expected Tuesday morning.The bank's profits fell short of estimates as it recorded higher costs and took an impairment charge over its investment in a Chinese bank.
Scotiabank Q4 earnings top consensus, but revenue falls short
Scotiabank (BNS) reports fiscal Q4 results with EPS topping estimates, while net interest income and revenue show varying trends.
The Daily Chase: Scotiabank kicks off bank earnings with a miss
Scotiabank misses: Bank of Nova Scotia missed estimates as expenses came in higher than expected while the company grappled with higher taxes and lower profits in the capital markets arm. That’s the main takeaway from the bank’s quarterly results released before the bell this morning,
Scotiabank Falls Short of Investor Expectations Despite 5.9% Annual Earnings Jump
(TSX: BNS), commonly known as Scotiabank, has released its fiscal 2024 financial results, reporting a net income increase to $7.89 billion, up from $7.45 billion in 2023.
Scotiabank Misses Estimates on Expenses, Charge for Chinese Bank
Bank of Nova Scotia missed estimates as expenses came in higher than analysts expected and the lender took a one-time impairment charge related to an investment in a Chinese bank.
Bank of Nova Scotia misses estimates on expenses
Rob Wessel managing partner of Hamilton ETFs, talks about the Bank of Nova Scotia misses its estimates on expenses and charge for chinese banks.
Canada's Scotiabank misses profit estimates on higher taxes, expenses
Bank of Nova Scotia missed analysts' estimates for quarterly profit on Tuesday, hurt by higher taxes and elevated expenses related to compensation and technology.
The Canadian Press on MSN55m
Scotiabank reports $1.69B Q4 profit, up from $1.35B a year ago
Scotiabank reported a fourth-quarter profit of $1.69 billion, up from $1.35 billion in the same period last year, as it set ...
Scotiabank Eyes Earnings Growth But Is Cautious as U.S. Election Adds Uncertainty
The bank forecast strong net interest income growth and a higher net interest margin in the new fiscal year, while non-interest revenue is expected to grow more modestly with a higher tax rate and a ...
Scotiabank reports higher fourth-quarter profit, misses expectations
The Bank of Nova Scotia on Tuesday reported a higher fourth-quarter profit than last year, but missed analyst expectations.
Scotiabank reports higher profit on boosted revenue, fewer loan-loss provisions
Bank of Nova Scotia was the first of the Big Six banks to report earnings for the quarter. While profit was up, the bank ...
Scotiabank reports fourth quarter and 2024 results
Scotiabank reported net income of $7,892 million for the fiscal year 2024, compared with net income of $7,450 million in 2023. Diluted earnings per share (EPS) were $5.87, compared to $5.72 in the ...
Bay Street Likely To Open Higher On Firm Commodity Prices, Scotiabank Earnings
Canadian shares are likely to open on a positive note on Tuesday, reacting to firm crude oil and metal prices, and on Bank of Nova ...
Stocktwits on MSN1h
Scotiabank Stock Wavers On Slim NII Growth, Asset Quality Dip: Retail Sentiment Sinks To 1-Year Low
NYSE-listed shares of Bank of Nova Scotia (BNS) fell over 1% in Tuesday’s pre-market session after the Canadian lender ...
FACTOR says Scotiabank failed to report $10M theft of money meant for Canadian artists
The filings further allege the bank failed to notify law enforcement of the transfer. FACTOR is asking the court to order ...