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    BNS   CA0641491075

THE BANK OF NOVA SCOTIA

(BNS)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-12-05 pm EST
67.95 CAD   -1.44%
12/05Priority Fight – Unpaid Supplier Taking On A Bank
AQ
12/02The Banker magazine names Scotiabank Canada's Bank of the Year and gives global recognition to ScotiaRISE with the 2022 Banking in the Community Award
AQ
12/01Scotiabank and the CNIB announce $1.2 million community investment to help Canadians impacted by sight loss access employment opportunities
AQ
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Scotiabank CEO Brian Porter to Retire, Succeeded by Scott Thomson

09/26/2022 | 08:04am EST

By Glenn Johnson


The Bank of Nova Scotia said President and Chief Executive Officer Brian Porter will retire on Jan. 31.

Mr. Porter will be succeeded by Scott Thomson, who has been on the bank's board since 2016 and is the president and CEO of Finning International Inc., Scotiabank said.

Mr. Thomson will initially serve as Scotiabank president starting Dec. 1, with responsibility for Canadian and international banking and global wealth management. Mr. Porter will become a strategic adviser to Mr. Thomson during the transition until April 30, Scotiabank said.

Finning International said Monday that Kevin Parkes would succeed Mr. Thomson as CEO when Mr. Thomson leaves the Surrey, British Columbia Caterpillar dealer on Nov. 15.

Mr. Thomson led Finning International for the last nine years. Mr. Porter joined Scotiabank in 1981 and became CEO in November 2013.


Write to Glenn Johnson at glenn.johnson@wsj.com

(END) Dow Jones Newswires

09-26-22 0803ET

Stocks mentioned in the article
ChangeLast1st jan.
CATERPILLAR INC. -1.51% 232.57 Delayed Quote.14.22%
FINNING INTERNATIONAL INC. -2.41% 33.14 Delayed Quote.3.95%
THE BANK OF NOVA SCOTIA -1.44% 67.95 Delayed Quote.-24.12%
All news about THE BANK OF NOVA SCOTIA
12/05Priority Fight – Unpaid Supplier Taking On A Bank
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12/02The Banker magazine names Scotiabank Canada's Bank of the Year and gives global recogni..
AQ
12/01Scotiabank and the CNIB announce $1.2 million community investment to help Canadians im..
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11/30BMO Reviews Scotiabank's Q4 Results
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11/30National Bank of Canada quarterly profit falls on higher expenses, provisions
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11/29Bank Of Nova Scotia : Earnings Coverage on Subordinated Indebtedness and Preferred Shares ..
PU
11/29Bank Of Nova Scotia : CONSOLIDATED CAPITALIZATION OF THE BANK - Form 6-K
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11/29TSX gains as commodity prices rise; Scotiabank slips
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Analyst Recommendations on THE BANK OF NOVA SCOTIA
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Financials
Sales 2023 33 952 M 25 059 M 25 059 M
Net income 2023 9 608 M 7 091 M 7 091 M
Net Debt 2023 - - -
P/E ratio 2023 8,40x
Yield 2023 6,11%
Capitalization 82 135 M 60 623 M 60 623 M
Capi. / Sales 2023 2,42x
Capi. / Sales 2024 2,29x
Nbr of Employees 90 979
Free-Float 100,0%
Chart THE BANK OF NOVA SCOTIA
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Technical analysis trends THE BANK OF NOVA SCOTIA
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Last Close Price 67,95 CAD
Average target price 78,75 CAD
Spread / Average Target 15,9%
EPS Revisions
Managers and Directors
Brian Johnston Porter President, CEO & Non-Independent Director
Rajagopal Viswanathan Chief Financial Officer & Group Head
Aaron William Regent Chairman
Shawn Rose Chief Technology Officer & Executive VP
Michael Zerbs Group Head-Technology & Operations
Sector and Competitors