RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Bank of Nova Scotia ROE 2024

Bank of Nova Scotia ROE

0.09

Bank of Nova Scotia Dividend yield

9.05 %

Ticker

BNS.TO

ISIN

CA0641491075

WKN

850388

In 2024, Bank of Nova Scotia's return on equity (ROE) was 0.09, a -31.08% increase from the 0.13 ROE in the previous year.

Bank of Nova Scotia Aktienanalyse

What does Bank of Nova Scotia do?

The Bank of Nova Scotia, also known as Scotiabank, is one of the leading Canadian banks with an impressive history dating back to 1832. It is headquartered in Toronto, Ontario and operates in over 50 countries worldwide. The Bank of Nova Scotia was founded in 1832 as a transfer of assets and payment orders and has since undergone rapid development. One of the important moments in its history was the acquisition of another Canadian bank in the 1880s, which allowed the Bank of Nova Scotia to expand its business into the international market. In the following years, it continued to expand and acquired numerous South American banks. Today, Scotiabank is the third largest Canadian bank, offering a wide range of financial services. The Bank of Nova Scotia has a diverse business model and offers a wide range of financial products and services. Its core business areas include retail banking, commercial banking, and investment banking. In retail banking, Scotiabank offers products and services for individuals and families. This includes checking accounts, savings accounts, as well as credit and debit cards. It also provides mortgages, loans, and investment services such as RRSP and TFSA accounts. The commercial banking segment specializes in the needs of small and medium-sized businesses. Offerings include business accounts, financing solutions, payment processing services, and international trade services. Scotiabank's investment banking segment offers institutional customers a wide range of services, including investment banking, treasury and trading services, foreign exchange and commodity trading, and asset management. These services are offered in the US, Canada, Europe, and Latin America. The Bank of Nova Scotia offers numerous products and services to cater to the diverse needs of customers. These include credit cards, checking and savings accounts, mortgages, loans, investment products, and insurance. Customers also have access to specialized services such as foreign exchange trading, asset management, risk management, and commodity trading. Scotiabank credit cards are highly loved by customers who want to benefit from bonuses on frequent purchases. Customers who travel a lot can enjoy benefits such as lounge access or travel insurance. Bank customers can invest their savings with mortgage products and also save in a TFSA or RRSP account. In conclusion, the Bank of Nova Scotia is one of the leading Canadian banks and offers a wide range of financial products and services to cater to the diverse needs of customers. With a strong focus on retail, commercial, and investment banking, it provides a wealth of solutions to help both individual and institutional investors achieve their financial goals. With a deep historical presence in Canada and significant business activities in Latin America, Europe, and the US, the Bank of Nova Scotia is an institution with global reach. Bank of Nova Scotia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Bank of Nova Scotia's Return on Equity (ROE)

Bank of Nova Scotia's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Bank of Nova Scotia's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Bank of Nova Scotia's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Bank of Nova Scotia’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Bank of Nova Scotia Stock

What is the ROE (Return on Equity) of Bank of Nova Scotia this year?

The ROE of Bank of Nova Scotia this year is 0.09 undefined.

How has the Return on Equity (ROE) of Bank of Nova Scotia developed compared to the previous year?

The ROE of Bank of Nova Scotia has increased by -31.08% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Bank of Nova Scotia?

A high ROE indicates that Bank of Nova Scotia generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Bank of Nova Scotia?

A low ROE can indicate that Bank of Nova Scotia is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Bank of Nova Scotia affect the company?

A change in ROE (Return on Equity) of Bank of Nova Scotia can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Bank of Nova Scotia?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Bank of Nova Scotia?

Some factors that can influence Bank of Nova Scotia's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Bank of Nova Scotia pay?

Over the past 12 months, Bank of Nova Scotia paid a dividend of 5.76 CAD . This corresponds to a dividend yield of about 9.05 %. For the coming 12 months, Bank of Nova Scotia is expected to pay a dividend of 6.15 CAD.

What is the dividend yield of Bank of Nova Scotia?

The current dividend yield of Bank of Nova Scotia is 9.05 %.

When does Bank of Nova Scotia pay dividends?

Bank of Nova Scotia pays a quarterly dividend. This is distributed in the months of October, November, March, May.

How secure is the dividend of Bank of Nova Scotia?

Bank of Nova Scotia paid dividends every year for the past 23 years.

What is the dividend of Bank of Nova Scotia?

For the upcoming 12 months, dividends amounting to 6.15 CAD are expected. This corresponds to a dividend yield of 9.67 %.

In which sector is Bank of Nova Scotia located?

Bank of Nova Scotia is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Bank of Nova Scotia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bank of Nova Scotia from 4/26/2024 amounting to 1.06 CAD, you needed to have the stock in your portfolio before the ex-date on 4/1/2024.

When did Bank of Nova Scotia pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Bank of Nova Scotia in the year 2023?

In the year 2023, Bank of Nova Scotia distributed 3.06 CAD as dividends.

In which currency does Bank of Nova Scotia pay out the dividend?

The dividends of Bank of Nova Scotia are distributed in CAD.

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Andere Kennzahlen von Bank of Nova Scotia

Our stock analysis for Bank of Nova Scotia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of Nova Scotia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.