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Bullboard - Stock Discussion Forum 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... see more

TSX:BNS - Post Discussion

Bank of Nova Scotia > Great Results - Q2
View:
Post by newcoin on Aug 23, 2022 9:04am

Great Results - Q2

Won't hurt the s/p that's for sure.
Comment by FiddyFiddyOddzz on Aug 23, 2022 11:20am
NEW COIN - "Won't hurt the share price"  eh ?  You sure about that Homie ?  I would suggest you hit F 5 on your keyboard, refresh you screen, and take another look... Newcoin wrote:"Won't hurt the s/p that's for sure."
Comment by newcoin on Aug 23, 2022 11:47am
It's not my fault that people are nuts and can't recognize a great deal when they see it. Shorters jump on anything. All the analysts are on board. Just give it a day or two. Excellent time to buy.
Comment by newcoin on Aug 23, 2022 12:06pm
5.33% Dividend on this Canadian Bank!! A dream come true!!
Comment by BiggyG on Aug 23, 2022 12:18pm
These days are gifts. Bluechip Cdn Bank with international exposure, gotta luv it.
Comment by BiggyG on Aug 23, 2022 4:22pm
If you are long on CDN banks then anything under 80 is a deal for this stock. Buy Hold and enjoy the divis.
Comment by MrAnderson on Aug 23, 2022 12:19pm
Looks to me that in order to make this earnings mark they had to slash their provision for loan loss in half. One would think that with tougher times for people due to inflation being so high and the potential for raising mortgages that they should have increased their loan loss provision, but doing that would have made the earnings much worse. I think smart investors have noticed that and so they ...more  
Comment by smush74 on Aug 23, 2022 1:53pm
Scotiabank took a cautionary step by increasing its provisions for credit losses – the funds banks set aside to cover loans that may default – to $412-million in the quarter. That compared with provisions of $380-million a year earlier and $219-million in the second quarter.
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