Scotiabank Q4 Earnings: A Mixed Bag

Well folks we’ve got our first set of bank earnings out and the market didn’t like them.

Bank of Nova Scotia (TSX: BNS), or as every normal person calls it, Scotiabank, has released their fourth quarter results, and the market responded by selling off the stock by about 3.5%.

The gripe here appears to be slowing growth and impairments as a result of the slowdown in China, which is impacting the value of some of Scotia’s investments.

All right, let’s dive in.


Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

SSR Mining Q1 Earnings: Costs Continue To Climb

Recommended

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

PTX Metals Hits 235.1 Metres Of Copper, Nickel Mineralization In Longest Intercept To Date At W2

Related News

Scotiabank Q3 2024: Credit-Loss Provisions and Market Realities Shape Earnings Drop

The Bank of Nova Scotia (TSX: BNS), commonly known as Scotiabank, reported a dip in...

Tuesday, August 27, 2024, 12:54:00 PM

Scotiabank To Cut 3% Of Staff Globally

Scotiabank (TSX: BNS) is expecting a rough fourth quarter financially, disclosing this morning that it...

Wednesday, October 18, 2023, 08:51:31 AM

Scotiabank Falls Short Of Q3 2023 Earnings Estimates

The Bank of Nova Scotia (TSX: BNS), operating as Scotiabank, released its fiscal Q3 2023...

Tuesday, August 29, 2023, 08:19:21 AM

Scotiabank Forecasts Uranium Supply Deficit to Continue Through 2030

Scotiabank (TSX: BNS) projects the uranium market will remain in a structural deficit until 2030,...

Wednesday, March 26, 2025, 12:07:00 PM

Scotiabank Falls Short of Investor Expectations Despite 5.9% Annual Earnings Jump

The Bank of Nova Scotia (TSX: BNS), commonly known as Scotiabank, has released its fiscal...

Tuesday, December 3, 2024, 09:11:48 AM