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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

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

Comment by Botero789on Nov 21, 2024 8:53am
56 Views
Post# 36323415

RE:RE:RE:RE:$ 78.99

RE:RE:RE:RE:$ 78.99

Haha! No I don't think a warped mind. TD has Preannounced a new CEO starting in April 2025 and has increased their corporate governance on money laundering risks. So it's only a matter of time before they make a come back.

I think BNS will continue their run!  hopefully the earnings on December 3 are solid. They are first out of the gate this earnings cycle in terms of the big Canadian banks. I see Brian Morton of Barclays has now upgraded the stock as well. Not sure of his rationale or narrative comments. Appreciate if somebody could clarify this on the board. ( I also saw the recent "reiterated" ratings and increased price targets from both Jeffries and national bank).

Difficult to find good value in Canadian banking stocks right now. CIBC has made the most impressive gains of all. So the strategy of buying TD collecting the dividends and waiting for capital appreciation is certainly a reasonable and prudent approach from my perspective. 

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