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    BNS   CA0641491075

THE BANK OF NOVA SCOTIA

(BNS)
  Report
Delayed Toronto Stock Exchange  -  04:15 2022-07-05 pm EDT
74.76 CAD   -0.44%
03:00pBank of Nova Scotia on Pace for Largest Percent Decrease Since June 2020 -- Data Talk
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07/04THE BANK OF NOVA SCOTIA : Ex-dividend day for
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06/30BMO Capital on Canadian Banks' Corporate & Commercial Loans
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Bank of Nova Scotia Shares Rise After 2Q Profit, Revenue Beat

05/25/2022 | 07:57am EDT

By Adriano Marchese


Shares of Bank of Nova Scotia rose in early trading Wednesday after the Canadian bank reported higher-than-expected profit and revenue in the fiscal second quarter.

At 9:35 a.m. ET, the shares were up 3.1% at C$83.86.

Adjusted earnings were 2.18 Canadian dollars a share (US$1.70) for the quarter, beating analyst expectations for C$1.97 a share, taken from FactSet.

Revenue rose to C$7.94 billion in the three months ended April 30 from C$7.74 billion a year earlier, ahead of analyst expectations for C$7.88 billion.

The bank's provision for credit losses were C$219 million, down from C$496 million.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

05-25-22 0957ET

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Analyst Recommendations on THE BANK OF NOVA SCOTIA
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Financials
Sales 2022 32 517 M 24 893 M 24 893 M
Net income 2022 10 105 M 7 736 M 7 736 M
Net Debt 2022 - - -
P/E ratio 2022 8,85x
Yield 2022 5,46%
Capitalization 89 709 M 68 676 M 68 676 M
Capi. / Sales 2022 2,76x
Capi. / Sales 2023 2,60x
Nbr of Employees 90 619
Free-Float 99,0%
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Technical analysis trends THE BANK OF NOVA SCOTIA
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Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 14
Last Close Price 74,76 CAD
Average target price 90,43 CAD
Spread / Average Target 21,0%
EPS Revisions
Managers and Directors
Brian Johnston Porter President, CEO & Non-Independent Director
Rajagopal Viswanathan Chief Financial Officer & Group Head
Aaron William Regent Chairman
Michael Zerbs Group Head-Technology & Operations
Ashley Veasey Global CIO-Business Technology & Executive VP
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