Sector: Financials | Industry: Banks |
Company Contact | |
Address: | 40 Temperance Street TORONTO ON M5H 0B4 |
Tel: | N/A |
Website: | https://www.scotiabank.com |
IR: | See website |
Key People | ||
L. Scott Thomson President, Chief Executive Officer, Director | Martin Weeks Executive Vice President, Group Treasurer | Paul Baroni Executive Vice President, Finance and Chief Financial Officer, Canadian Banking |
Rajagopal Viswanathan Group Head and Chief Financial Officer | Jake P. Lawrence Chief Executive Officer and Group Head - Global Banking and Markets | James Neate President and Group Head, Corporate and Investment Banking |
Barbara F. Mason Group Head and Chief Human Resources Officer | Anique Asher Executive Vice President - Finance and Strategy | Nicole Frew Executive Vice President, Chief Compliance Officer | Ian Arellano Executive Vice President, General Counsel |
Business Overview |
The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. |
Financial Overview |
For the three months ended 31 January 2024, Bank of Nova Scotia interest income increased 17% to C$15.44B. Net interest income after loan loss provision decreased 3% to C$3.81B. Net income applicable to common stockholders increased 27% to C$2.07B. Net interest income after loan loss provision reflects Global Banking and Markets segment decrease of 21% to C$349M, Canada segment decrease of 12% to C$1.76B. |