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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

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Post by Quintessential1on Aug 29, 2023 5:56pm

241 Views

Post# 35610810

BNS results beat Wall Street expectations.

The bank, based in Toronto, said it had earnings of $1.29 per share. Earnings, adjusted for non-recurring costs, came to $1.30 per share

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The bank posted revenue of $13.64 billion in the period. Its revenue net of interest expense was $6.06 billion, also exceeding Street forecasts.

https://www.washingtonpost.com/business/2023/08/29/earns-bank-of-nova-scotia/e0e3d620-4654-11ee-b76b-0b6e5e92090d_story.html

GLTA

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