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The latest announcement is out from Bank Of Nova Scotia ( (TSE:BNS) ).
Scotiabank has updated its Supplementary Financial Information package, reflecting changes in business segment presentation effective as of November 1, 2024. These changes, which do not affect the bank’s consolidated financial results, are intended to align with its strategy and improve decision-making on pricing and capital allocation. The update affects the bank’s methodology for funds transfer pricing and the reporting of minority investments, aiming for higher liquidity ratios and better comparability across periods.
More about Bank Of Nova Scotia
Scotiabank is one of the largest banks in North America by assets, with a vision to be a trusted financial partner, offering a broad range of services including personal and commercial banking, wealth management, corporate and investment banking, and capital markets. It is publicly traded on the Toronto and New York Stock Exchanges.
YTD Price Performance: -1.61%
Average Trading Volume: 1,441,958
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $63.68B
See more insights into BNS stock on TipRanks’ Stock Analysis page.
