Bank of Nova Scotia is a North American banking giant that's just expanded its reach in a very important market. W.P. Carey disappointed investors with a dividend cut, but it was really more of a rest when you take a closer look.
Large Canadian banks have long looked to expand into the U.S. market, with the notable exception of one company. With a huge investment in KeyCorp, Canada's lone U.S.-averse bank is shifting gears.
Interest rate cuts signal weakening economic fundamentals, aimed at stimulating the economy and improving affordability. Rate cuts benefit banks by reducing defaults, enabling them to release reserves and boost earnings. We capitalize on this environment by collecting substantial dividends.
Bank of Nova Scotia (NYSE:BNS ) Scotiabank 25th Annual Global Banking and Markets Financials Summit September 4, 2024 9:00 AM ET Company Participants Scott Thomson - President and Chief Executive Officer Conference Call Participants Meny Grauman - Managing Director, Canadian Financial Services Research Analyst Unidentified Company Representative [Call Started Abruptly] And the odds that policy makers can engineer a soft landing. The resiliency of the Canadian economy continues to impress and there are reasons to be hopeful as we look out towards the future.
Shares of Scotiabank have outperformed the S&P 500 in the last couple of months. The Canadian bank's growth outlook remains encouraging beyond fiscal year 2024. Scotiabank's financial health supports robust credit ratings from the major rating agencies.
The Bank of Nova Scotia (NYSE:BNS ) Q3 2024 Earnings Conference Call August 27, 2024 8:15 AM ET Company Participants John McCartney - Head of IR Scott Thomson - President and CEO Raj Viswanathan - CFO Phil Thomas - Chief Risk Officer Travis MacHen - Global Banking and Markets Francisco Aristeguieta - Group Head of International Banking Aris Bogdaneris - Group Head of Canadian Banking Conference Call Participants Ebrahim Poonawala - Bank of America Gabriel Dechaine - National Bank Financial Paul Holden - CIBC Jill Shea - UBS Mario Mendonca - TD Securities Darko Mihelic - RBC Capital Markets Lemar Persaud - Cormark Securities Nigel D'Souza - Veritas Investment Research Sohrab Movahedi - BMO Capital Markets Doug Young - Desjardins Capital Markets Operator Good morning, and welcome to Scotiabank's 2024 Third Quarter Results Presentation. My name is John McCartney, and I'm Head of Investor Relations here at Scotiabank.
The Bank of Nova Scotia (BNS) on Tuesday reported higher third-quarter revenue but lower profit than last year, as its costs and provisions for credit losses (PCL) rose.
Bank of Nova Scotia (BNS) came out with quarterly earnings of $1.19 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.30 per share a year ago.
A dividend is only as reliable as the company paying it. Realty Income is one of the largest and most consistent real estate investment trusts you can own.
Bank of Nova Scotia (BNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Every month, we screen for dividend growth stocks that can deliver consistent dividend growth but also pay out an attractive and elevated yield. We screen for not only dividend consistency and dividend growth, but also trying to find those that screen highly on dividend safety as well. We take a closer look at five different names that screen with the highest yields to see if they are still compelling or not after the initial screening process.
High-yield investing, responsibly done for the long term, is indistinguishable from magic. You can potentially achieve market-beating returns, incredible low-risk income, and volatility so low that it's like floating over market potholes in a hovercraft. But you have to know how to find the highest-quality ultra-yield blue chips with strong balance sheets, trustworthy management, and sustainable and growing dividends.