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Bank of Nova Scotia (BNS.TO)

BNS.TO on Toronto Stock Exchange

69.37CAD
19 Jul 2019
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$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Scotiabank Sells Operations In Puerto Rico And U.S. Virgin Islands To Oriental Bank
Thursday, 27 Jun 2019 

June 26 (Reuters) - Bank of Nova Scotia ::PRESS RELEASE - SCOTIABANK ANNOUNCES THE SALE OF ITS OPERATIONS IN PUERTO RICO AND THE U.S. VIRGIN ISLANDS TO ORIENTAL BANK, A SUBSIDIARY OF OFG BANCORP.BANK OF NOVA SCOTIA - AS A RESULT OF ANNOUNCED DEAL AND AS REQUIRED UNDER IFRS, BANK WILL RECORD A LOSS OF APPROXIMATELY $400 MILLION AFTER-TAX IN Q3.BANK OF NOVA SCOTIA - MAJORITY OF THIS LOSS REPRESENTS CARRYING VALUE OF GOODWILL RELATING TO PUERTO RICO.BANK OF NOVA SCOTIA - UPON DEAL CLOSING, AFTER-TAX GAIN OF ABOUT $50 MILLION WILL BE RECORDED RELATING TO ACCUMULATED FOREIGN CURRENCY TRANSLATION GAINS, OTHER.BANK OF NOVA SCOTIA - WITH THIS DEAL "REPOSITIONING OF OUR INTERNATIONAL FOOTPRINT WILL BE SUBSTANTIALLY COMPLETE".  Full Article

Ofg Bancorp To Acquire Scotiabank Operations In Puerto Rico And Us Virgin Islands
Thursday, 27 Jun 2019 

OFG Bancorp ::OFG BANCORP TO ACQUIRE SCOTIABANK OPERATIONS IN PUERTO RICO AND US VIRGIN ISLANDS.OFG BANCORP - DEAL FOR $550 MILLION IN CASH.OFG BANCORP - SCOTIABANK'S PUERTO RICO AND USVI OPERATIONS WILL BE MERGED INTO ORIENTAL BANK AND ITS RELATED BUSINESSES.OFG BANCORP - TRANSACTION WILL BE FUNDED BY OFG'S EXCESS CAPITAL.OFG BANCORP- DEAL EXPECTED TO BE APPROXIMATELY 40% ACCRETIVE TO OFG'S EPS IN 2020.OFG BANCORP - CO'S UNIT, ORIENTAL BANK, TO ACQUIRE SCOTIABANK'S PUERTO RICO OPERATION FOR $550 MILLION IN CASH.OFG BANCORP - TO ACQUIRE SCOTIABANK'S US VIRGIN ISLAND (USVI) BRANCH OPERATION FOR A $10 MILLION DEPOSIT PREMIUM..OFG BANCORP - CO'S UNIT, ORIENTAL BANK, TO ACQUIRE SCOTIABANK'S US VIRGIN ISLAND (USVI) BRANCH OPERATION FOR A $10 MILLION DEPOSIT PREMIUM.OFG BANCORP - OFG EXPECTS TO INCUR CERTAIN ONE-TIME RESTRUCTURING CHARGES OF APPROXIMATELY $45 MILLION IN CONNECTION WITH TRANSACTION.OFG BANCORP - PRIOR TO CLOSING OF SCOTIABANK PUERTO RICO DEAL, SCOTIABANK PUERTO RICO MAY ELECT TO PAY ADDITIONAL DIVIDENDS TO PARENT OF UP TO $125 MILLION.OFG BANCORP - IF SCOTIABANK PUERTO RICO TO PAY ADDITIONAL DIVIDENDS,PURCHASE PRICE OF DEAL WILL BE ADJUSTED DOWNWARD BY AMOUNT OF ADDITIONAL DIVIDENDS.OFG BANCORP - ACQUISITION HAS BEEN UNANIMOUSLY APPROVED BY OFG'S AND ORIENTAL BANK'S BOARDS OF DIRECTORS.  Full Article

Scotiabank To Repurchase Up To 24 Mln Of Its Common Shares
Tuesday, 28 May 2019 

May 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK ANNOUNCES INTENTION TO REPURCHASE UP TO 24 MILLION OF ITS COMMON SHARES.BANK OF NOVA SCOTIA - PURCHASES UNDER BID MAY COMMENCE ON JUNE 4, AND WILL TERMINATE ON JUNE 3, 2020.  Full Article

Bank Of Nova Scotia Declares Dividend Of $0.87/Share On Common Shares
Tuesday, 28 May 2019 

May 28 (Reuters) - Bank of Nova Scotia ::BANK OF NOVA SCOTIA - DIVIDEND OF $0.87 PER SHARE ON COMMON SHARES.  Full Article

Bank Of Nova Scotia Reports Q2 Adj EPS Of C$1.70
Tuesday, 28 May 2019 

May 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK REPORTS SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE C$1.73.Q2 EARNINGS PER SHARE ESTIMATE C$1.74 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE C$1.70.QTRLY RETURN ON EQUITY OF 13.8%, COMPARED TO 14.9%.QTRLY NET INTEREST INCOME$4,193 MILLION VERSUS $3,950 MILLION.QTRLY PROVISION FOR CREDIT LOSSES $873 MILLION VERSUS $534 MILLION.QTRLY TOTAL REVENUE $7,803 MILLION VERSUS $7,058 MILLION.Q2 REVENUE VIEW C$7.67 BILLION -- REFINITIV IBES DATA.  Full Article

Scotiabank Says BVL Offers New Securities Lending Platform For Institutional Clients Looking To Invest In Peru
Thursday, 28 Mar 2019 

March 28 (Reuters) - Bank of Nova Scotia ::SCOTIABANK SAYS BOLSA DE VALORES DE LIMA OFFERS NEW SECURITIES LENDING PLATFORM FOR INSTITUTIONAL CLIENTS LOOKING TO INVEST IN PERU.SCOTIABANK - BVL, CAVALI ICLV SA, SCOTIA CAPITAL USA, SCOTIA BOLSA, CITI PERU & AFP INTEGRA, HAS INTRODUCED A NEW SECURITIES LENDING PLATFORM IN PERU.  Full Article

Cincinnati Financial Signs $238.4 Mln Unsecured Standby Letter Of Credit Facility
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Bank of Nova Scotia ::CINCINNATI FINANCIAL SAYS ON FEB. 25, CO, AS BORROWER, ENTERED INTO A $238.4 MILLION UNSECURED STANDBY LETTER OF CREDIT FACILITY WITH BANK OF NOVA SCOTIA.CINCINNATI FINANCIAL SAYS FACILITY OBTAINED IN ANTICIPATION OF CO'S PREVIOUSLY ANNOUNCED ACQUISITION OF MSP UNDERWRITING LTD, ITS UNITS - SEC FILING.  Full Article

Scotiabank says mortgage sales up 6 percent on last year
Tuesday, 29 May 2018 

May 29 (Reuters) - Bank of Nova Scotia ::SCOTIABANK CEO REITERATES OUTLOOK FOR MID-SINGLE DIGIT MORTGAGE VOLUME GROWTH.SCOTIABANK CANADA RETAIL HEAD SAYS MORTGAGE SALES ARE UP 6 PERCENT SO FAR THIS YEAR COMPARED WITH YEAR AGO.SCOTIABANK CFO SAYS EXPECTS CORE TIER 1 RATIO TO FALL TO AROUND 11 PERCENT IN Q4.  Full Article

Bank Of Nova Scotia Says Scotiabank Peru Reached Agreement With Cencosud Peru To Buy 51% Controlling Interest In Banco Cencosud
Thursday, 10 May 2018 

May 9 (Reuters) - Bank of Nova Scotia ::REACHED AN AGREEMENT WITH CENCOSUD PERU TO ACQUIRE A 51% CONTROLLING INTEREST IN BANCO CENCOSUD, FOR APPROXIMATELY C$130 MILLION.SAYS ITS PERUVIAN SUBSIDIARY, SCOTIABANK PERU, REACHED AGREEMENT WITH CENCOSUD PERU TO BUY A 51% CONTROLLING INTEREST IN BANCO CENCOSUD.TERMS OF TRANSACTION ARE NOT FINANCIALLY MATERIAL TO SCOTIABANK.  Full Article

Scotiabank Reports First Quarter EPS Of C$1.86
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Bank Of Nova Scotia ::SCOTIABANK REPORTS FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE C$1.86.QUARTERLY TOTAL REVENUE $7.09 BILLION VERSUS $6.87 BILLION.QUARTERLY DIVIDEND INCREASE OF 3 CENTS PER COMMON SHARE TO 82 CENTS.QTRLY ‍ROE OF 16.2%, COMPARED TO 14.3%​.QTRLY NET INTEREST INCOME $3,936 MILLION VERSUS $3,643 MILLION.COMMON EQUITY TIER 1 CAPITAL RATIO WAS 11.2% THIS QUARTER‍​.PROVISION FOR CREDIT LOSSES WAS $544 MILLION IN THIS QUARTER.Q1 EARNINGS INCLUDE $150 MILLION ACCOUNTING BENEFIT, ON REMEASUREMENT OF EMPLOYEE BENEFIT LIABILITY FROM CERTAIN PLAN MODIFICATIONS‍​.Q1 REVENUE VIEW C$7.05 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Scotiabank to sell Puerto Rico, U.S. Virgin Islands operations to Oriental Bank

Bank of Nova Scotia, Canada's third biggest lender, said on Wednesday it would sell its operations in Puerto Rico and the U.S. Virgin Islands to Oriental Bank for $560 million in cash.