Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

TSX:BNS - Post by User

Bank of Nova Scotia

Bullboard Posts

Comment by houbahopon May 30, 2009 9:24am

369 Views

Post# 16029776

RE: RE:BMO Beat earnings / share???

BMO did $0.61 instead of the $0.90 expected, giving a PE of 18.
BMO has missed BIG TIME!

BNS expected e/s was $0.77. They made $0.81 giving a PE of 8.5.
BNS has BEATEN their expected.

After studying the new impaired loans and provisions taken by the two banks
during the quarter, I haven't seen much differences between the two.

WHY IS BNS TRADING TWICE AS CHEAP AS BMO?

Bullboard Posts

AI companies to invest in