The Bank of Nova Scotia - Company Profile

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The Bank of Nova Scotia: Overview

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The Bank of Nova Scotia (Scotiabank) is a provider of personal and commercial, and private banking; wealth management; investment banking; and capital markets solutions to individuals, corporates, and SME clients. It offers individual savings and business accounts, travellers’ cheques, debit and credit cards, lines of credit, loans and mortgages, investment certificates, payment and merchant services, and life and non-life insurance. The bank provides cash management, business planning, and advisory, securities lending, equity execution services, underwriting and brokerage, foreign exchange, investment products and advisory, online banking, overdraft protection, and mobile banking, among others. It operates through branches, digital platforms, third-party channels, ATMs, and financial advisors in the Americas, Europe, and Asia. Scotiabank is headquartered in Toronto, Canada.

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Headquarters Canada
Address 40 Temperance Street, Toronto, Ontario, M5H0B4
Website www.scotiabank.com
Telephone 1 416 8663672
No of Employees 89,249
Industry Financial Services
Ticker Symbol & Exchange BNS (TSE)
Revenue (2022) $54.4B 51.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -25.3% (2022 vs 2021)
Market Cap* $58.9B
Net Profit Margin (2022) XYZ -50.6% (2022 vs 2021)
* As of and is in US$
View The Bank of Nova Scotia financials
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The Bank of Nova Scotia premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for The Bank of Nova Scotia (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on The Bank of Nova Scotia’s likely spend across technology areas enabling you to understand the digital strategy.

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
Understand The Bank of Nova Scotia portfolio and identify potential areas for collaboration Understand The Bank of Nova Scotia portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In April, the bank extended its partnership with Google Cloud for the next phase of the bank's cloud acceleration journey.
2024 Contracts/Agreements In April, the company and Immigration.ca entered into a partnership to strengthen access to trustworthy resources that assist newcomers in understanding the Canadian financial system.
2024 Contracts/Agreements In March, the bank along with MD Financial Management Limited and the Black Medical Students’ Association of Canada (BMSAC) entered a three-year partnership to strengthen social connections and mentorship for Black medical students, residents, and physicians.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters The Bank of Nova Scotia Bank of America Corp Citigroup Inc Wells Fargo & Co Royal Bank of Canada
Headquarters Canada United States of America United States of America United States of America Canada
City Toronto Charlotte New York San Francisco Toronto
State/Province Ontario North Carolina New York California Ontario
No. of Employees 89,249 213,000 239,000 226,000 90,166
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Aaron W. Regent Chairman Executive Board 2013 -
Glen Gowland Vice Chairman Executive Board 2024 -
Scott Thomson Director; President; Chief Executive Officer Executive Board 2023 -
Rajgopal Viswanathan Chief Financial Officer; Group Head Senior Management 2019 -
Phil Thomas Group Head; Chief Risk Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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