The Bank of Nova Scotia (NYSE:BNS) is set to announce fourth quarter earning results on Tuesday 1st December 2020, Before Market Open.
Previous Quarter Performance
The Bank of Nova Scotia unwinded income for the third quarter of $ 0.75 per share, from the revenue of $ 5,579.00 million. Street analysts expected The Bank of Nova Scotia to report income of $ 1.34 per share on revenue of $ 5730.00 million for the third quarter. The bottom line results missed street analysts by $ 0.59 or 44.03 percent, at the same time, top line results fell short of analysts by $ 151 million or 2.64 percent.
Stock Performance
Shares of The Bank of Nova Scotia traded low $ -1.35 or -2.69 percent on Monday, reaching $ 48.76 with volume of 1.13 million shares. The Bank of Nova Scotia has traded high as $ 50.04 and has cracked $ 48.69 on the downward trend
According to the previous trading day, closing price of $ 48.76, representing a 56.89 % increase from the 52 week low of $ 31.94 and a 12.23 % decrease over the 52 week high of $ 57.09.
The company has a market capital of $ 59.07 billion and is part of the Financial Services sector and Banks – Global industry.
The Bank of Nova Scotia provides various banking products and services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers. It is also involved in the provision of investment and wealth management advice, services, products, and solutions to customers and advisors; wealth management solutions, such as private customer, online brokerage, full-service brokerage, pension, and institutional customer services, as well as asset management business focusing on developing investment solutions for retail and institutional investors; and international banking services for retail, corporate, and commercial customers.
