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$紐約社區銀行(NYCB.US)$'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.
豐業銀行股票討論區
專欄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...
專欄What to Expect in the Week Ahead (LI, U, CRM and HPQ Earnings; PCE Data)
Monday's earnings highlights will include results from $理想汽車(LI.US)$, $Workday(WDAY.US)$, $Zoom視頻通訊(ZM.US)$, and $Unity Software(U.US)$.
$勞氏(LOW.US)$, $蒙特利爾銀行(BMO.US)$, $豐業銀行(BNS.US)$, $Rocket Lab(RKLB.US)$ and $Beyond Meat(BYND.US)$ ...
專欄RBC, TD, BMO, Scotiabank, CIBC Seen Hit by Troubled US Commercial Real Estate Market
The US commercial real estate (CRE) issues that helped slashed $紐約社區銀行(NYCB.US)$ 's market value by more than half i...
5年來營收緩慢增長,平均增速2.3%,5年平均淨利86.6億加元,2023年優先股派息佔淨利潤的5.7%,影響一般,歸屬普通股股東的淨利潤5年平均爲81.7億加元。2023年淨資產收益率10.4%,5年算數平均爲12.7%。
5年來資產負債率從93.5%增長到94.4%。 商譽及其他無形資產佔淨資產的21.9%。普通股股本近3年持續增加。
目前市盈率10.7,5年平均淨利對應市盈率爲9.2,市淨率1.09,股息率6.6%,長期看來股息較爲穩定的增長,可以謹慎選擇(⭐️)
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