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 > CEO

<< Previous

Bullboard Posts

Next >>

Comment by Quintessential1on Aug 23, 2022 10:43pm

194 Views

Post# 34916002

RE:CEO

I would say your mom should step down and take a salary cut but she is practicaly giving it away at her prices.

Third quarter 2022 earnings: EPS in line with expectations.

Third quarter 2022 results: EPS: CA$2.10 (up from CA$2.00 in 3Q 2021).

Revenue: CA$7.39b (flat on 3Q 2021). Net income: CA$2.50b (up 3.2% from 3Q 2021).

Profit margin: 34% (up from 33% in 3Q 2021). Revenue missed analyst estimates by 5.4%.

Earnings per share (EPS) were mostly in line with analyst estimates.

Over the next year, revenue is forecast to grow 12%, compared to a 4.1% growth forecast for the Banks industry in Canada.

Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.