Analysts believe stronger revenue countered higher expenses, supporting the bank's share price. Scotiabank seen as a 'canary in the coal mine' for consumer credit stress. New strategy under CEO Scott Thomson, focusing on North America and potential Latin American business sales, is showing encouraging progress.
Canadian banks' resilience will be on display this week as the industry's top five report earnings. Would they emerge unscathed from the US commercial real estate issues that helped slash New York Community Bancorp's market value by more than half in less than a month? "Commercialreal estate risksat Canada's six largest banks are concentrated in the office category and the US, so more reserves may be...
Canadian banks' quarterly results due next week may offer a window into how they are navigating the challenges at home at a time when consumers are under financial strain while the housing market is hurting from higher interest rates. But they also have worse problems elsewhere. The US commercial real estate (CRE) issues that helped slashed$纽约社区银行(NYCB.US)$'s market value by more than half i...
The planned addition of financial advisors underscores Scotiabank's strategic pivot towards bolstering its wealth management segment, aiming to increase its assets under management by 8% per year over the next five years, and achieving about 20% return on equity.
CEO Scott Thomson argued that the bank's high loan-to-deposit ratio, the highest among its peers, results in more volatile margins and earnings. This announcement is seen as a plan to stimulate growth after the bank reported poor fiscal 2023 results.
Scotiabank analysts advise that Datadog is the vendor to beat in observability and view it as a 'diamond in the rough' given its balanced growth, profitability, and potential for significant growth in 2024. They don't see overhang risk for the company.
Scotiabank's association with Elbit Systems and Eko's refusal to remove the petition could heighten pressure, affecting the bank's reputation and stock and bringing Elbit's practices under scrutiny.
The finances of Bank of Nova Scotia face potential pressure due to loan risks and expense management. First Quantum Minerals' operations also exhibit potential uncertainties from political and environmental factors.
丰业银行股票讨论区
专栏RBC, TD, Scotiabank, BMO, CIBC: Would They Emerge Unscathed from Commercial Real Estate Issues?
"Commercial real estate risks at Canada's six largest banks are concentrated in the office category and the US, so more reserves may be...
专栏What to Expect in the Week Ahead (LI, U, CRM and HPQ Earnings; PCE Data)
Monday's earnings highlights will include results from $理想汽车(LI.US)$, $Workday(WDAY.US)$, $Zoom视频通讯(ZM.US)$, and $Unity Software(U.US)$.
$劳氏(LOW.US)$, $蒙特利尔银行(BMO.US)$, $丰业银行(BNS.US)$, $Rocket Lab(RKLB.US)$ and $Beyond Meat(BYND.US)$ ...
专栏RBC, TD, BMO, Scotiabank, CIBC Seen Hit by Troubled US Commercial Real Estate Market
The US commercial real estate (CRE) issues that helped slashed $纽约社区银行(NYCB.US)$ 's market value by more than half i...
5年来营收缓慢增长,平均增速2.3%,5年平均净利86.6亿加元,2023年优先股派息占净利润的5.7%,影响一般,归属普通股股东的净利润5年平均为81.7亿加元。2023年净资产收益率10.4%,5年算数平均为12.7%。
5年来资产负债率从93.5%增长到94.4%。 商誉及其他无形资产占净资产的21.9%。普通股股本近3年持续增加。
目前市盈率10.7,5年平均净利对应市盈率为9.2,市净率1.09,股息率6.6%,长期看来股息较为稳定的增长,可以谨慎选择(⭐️)
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