The Bank of Nova Scotia - Company Profile
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The Bank of Nova Scotia (Scotiabank) is a global financial services provider engaged in personal, commercial, corporate, and investment banking. The bank's main activities include offering a diverse range of financial products and services. Scotiabank's major products and services encompass financial advice, banking solutions, lending, deposit, cash management, trade finance, and wealth management. Scotiabank serves a wide array of customers, including retail, small business, and commercial clients, providing solutions across various industries. The bank operates through a network of branches, automated banking machines, and digital platforms. Scotiabank has a significant presence in North America, Europe, Asia, and Australia, with a focus on markets such as Mexico, Peru, Chile, Colombia, Uruguay, and the Caribbean and Central America. Scotiabank is headquartered in Toronto, Canada.
Headquarters
Canada
Address
40 Temperance Street, Toronto, Ontario, M5H0B4
Website
www.scotiabank.com
Telephone
1 416 8663672
No of Employees
80,415
Industry
Financial Services
Ticker Symbol & Exchange
BNS (TSE)
Revenue (2024)
$53.9B
-3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
0.4%
(2024 vs 2023)
Market Cap*
$107.8B
Net Profit Margin (2024)
XYZ
3.4%
(2024 vs 2023)
* As of and is in US$
The Bank of Nova Scotia premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Online Banking | Scotiabank |
| Checking Account | Direct Deposit | |
| Savings Account | Overdraft Protection | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In July, the bank, Lightworks, Sun Life and TELUS launched the AI Consortium. |
| 2026 | Contracts/Agreements | In May, the bank entered into an agreement to acquire Maple Financial Holdings, Inc. |
| 2026 | New Products/Services | In May, the bank launched the Scotia High Interest Savings Account (HISA). |
Competitor Comparison
| Key Parameters | The Bank of Nova Scotia | Royal Bank of Canada | The Toronto-Dominion Bank | Bank of Montreal | Canadian Imperial Bank of Commerce |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Toronto | Toronto | Toronto | Toronto |
| State/Province | Ontario | Ontario | Ontario | Ontario | Ontario |
| No. of Employees | 80,415 | 94,838 | 101,759 | 53,000 | 48,525 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Aaron W. Regent | Chairman | Executive Board | 2013 | 59 |
| L. Scott Thomson | Director, President, Chief Executive Officer | Executive Board | 2023 | 55 |
| Travis Machen | Chief Executive Officer; Group Head - Global Banking and Markets | Senior Management | 2024 | - |
| Rajgopal Viswanathan | Group Head; Chief Financial Officer | Senior Management | 2019 | - |
| Tim Clark | Group Head; Chief Information Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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