Canada's Scotiabank, BMO wait for clarity on tariffs to update outlook
Canada's Bank of Nova Scotia and Bank of Montreal said on Tuesday they would wait for clarity on U.S. government tariffs to ...
Canada's Scotiabank, BMO beat profit on capital markets, wealth management strength
Canada's Bank of Nova Scotia and Bank of Montreal on Tuesday beat analysts' expectations for quarterly profit driven by ...
Scotiabank and BMO plan for tariff hits to Canada’s economy as a potential trade war escalates tensions with U.S.
The banks’ fiscal first quarter, which beat analysts’ earnings expectations, ended in January before new tariff proposals ...
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Two of the Big Six beat estimates, but tariff risks raise credit concerns
Bank of Montreal expanded its US presence in 2023 by acquiring San Francisco-based Bank of the West, increasing exposure to ...
Scotiabank to focus on North America despite trade uncertainty, CEO Scott Thomson says
Bank of Nova Scotia is shifting its focus from international markets back to North America. That’s according to CEO Scott Thomson, who joined BNN Bloomberg for an interview on Thursday.
Scotiabank beats estimates on better-than-expected provisions for loan losses
Scotiabank is the first major Canadian bank to report earnings for the fiscal first quarter. Bank of Montreal also reports ...
Canada’s big banks to build reserves amid tariff uncertainty
The various banks have already been putting aside more funds to cover any souring loans due to continued high Canadian ...
Scotiabank Has Lowered Expectations for Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Stock Price
Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Get Free Report) had its price target lowered by Scotiabank from C$79.50 ...
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Asset owners call on Canadian banks to stick with climate goals
Canadian asset owners representing about $53 billion in holdings say they're disappointed that Canada's financial ...
National Bank of Canada (TSE:NA) Price Target Lowered to C$125.00 at Scotiabank
National Bank of Canada (TSE:NA – Free Report) had its price objective trimmed by Scotiabank from C$154.00 to C$125.00 in a ...
Canadian Banks Expected to Build Reserves to Cushion Tariff Uncertainty
TORONTO (Reuters) - Canada's big six banks are expected to build more credit loss provisions as they brace for uncertainty ...
Scotiabank Tops Estimates on Loan Income, Credit Provisions Miss
The Bank of Canada brought its policy rate down to 3% over the span of less than eight months, and Scotiabank is the Canadian lender that benefits the most from lower rates due to its higher cost of ...