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 Possibleidiot01on Jun 18, 2024 7:29pm

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Post# 36095086

Chris Blumas - BNN- PARTIAL BUY

PARTIAL BUY

You own this purely for income, and you need a part of your portfolio for income--for retirement. It's a great income stock, though share price growth is not high. He prefers TD first, and BNS next. We're a low point in sentiment for banks, interest rates will declines, the bank net interest margins will lift and profits will expand. Sit tight and let it play out. BNS has a strong domestic and emerging market bank operation. Also, the valuation is low now.

banks

$63.420