97.74BMarket Cap13.83P/E (TTM)
79.380High78.820Low5.86MVolume79.030Open78.910Pre Close463.46MTurnover79.38052wk High0.48%Turnover Ratio1.24BShares55.95552wk Low5.71EPS TTM96.54BFloat Cap80.247Historical High13.67P/E (Static)1.22BShs Float0.825Historical Low5.78EPS LYR0.71%Amplitude4.24Dividend TTM1.34P/B1Lot Size5.37%Div YieldTTM
Bank of Nova Scotia Stock Forum
IMO, the recent economic data coming out of the US is a blip, and in the coming months we will see it follow the same trend as Canada has been a leading indicator as of late $Bank of Nova Scotia (BNS.CA)$ $ISHARES S&P/TSX 60 INDEX ETF UNIT (XIU.CA)$ $The Toronto-Dominion Bank (TD.CA)$
1-year share price of CWB increased by 100 % !
Third quarter 2024 earnings: EPS misses analyst expectations !!!!
Third quarter 2024 results:
EPS: CA$0.43 (down from CA$0.86 in 3Q 2023).
Revenue: CA$243.5m (down 9.3% from 3Q 2023).
Net income: CA$41.4m (down 50% !!! from 3Q 2023).
Profit margin: 17% (down from 31% !!! in 3Q 2023). The decrease in margin was primarily driven by lower revenue.
Earnings per share (EPS) missed...
Since the neutral rate (so the rate considered to not be slowing the economy down) is estimated between 2.25% to 3.25% then if they cut 25 basis points each time we will reach just neutral as early as March 2025 and as late as September 2025 (also keeping in mind the lag effect of rate changes.) We're going to have to hope that the Canadian economy naturally strengthens over the next couple of...
2. Reinvest Dividends
3. Stay Invested
4. Keep Costs Low $The Toronto-Dominion Bank (TD.CA)$ $VANGUARD FTSE CDN HIGH DIVID YIELD TRUST UNIT (VDY.CA)$ $Bank of Nova Scotia (BNS.CA)$
Lots of good news are in the air, including rate cuts and mass immigration. The cut of temporary foreign workers will not work since it makes exceptions for food industry, construction industry and health care industry. Immigration agencies will find every loophole in these three industries for the mass immigration to work. M...
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