Bank of Nova Scotia
BNS: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Wvg | LOCK|hjvhG | LOCK|m?s>k<& |
Bank of Nova Scotia Earnings: Decent Results Marred by One-Time Loss From Latin American Operations
Bank of Nova Scotia reported decent underlying results, with net revenue increasing 11.1% from last year to CAD 9.37 billion. However, net income fell to CAD 993 million from CAD 2.2 billion last year due to a CAD 1.36 billion loss on the sale of its Colombia, Costa Rica, and Panama operations.
