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.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
