The Bank of Nova Scotia (USA)

  • A Quest For Dividend Growth in the Canadian Banking Industry

    By Michael Weber - July 29, 2013 | Tickers: NA, RY, RY, BNS, TD

    Today I’ll be reviewing Royal Bank of Canada (NYSE: RY) as part of my Great Canadian Banking Series. In this 10-part series, I examine the Canadian Banking Sector to identify good dividend growth candidates.

    Side Note: Since the article is focusing on a Canadian sector I chose to show stock information from the Toronto Stock Exchange instead of the NYSE. Dollar amounts and stock information are in Canadian dollars more »

  • Toronto-Dominion Bank: A Look Into the Canadian Banking Industry

    By Michael Weber - July 22, 2013 | Tickers: NA, BNS, TD

    Today, I’ll be reviewing Toronto-Dominion Bank (NYSE: TD) as part of my Great Canadian Banking Series. In this 10 part series I examine the Canadian banking sector to identify good dividend growth candidates.

    Side note: Since the article is focusing on a Canadian sector I chose to show stock information from the Toronto Stock Exchange instead of the NYSE. Dollar amounts and stock information are in Canadian dollars.

    10 more »

  • 4 International Banks to Consider

    By Ryan Peckyno - July 20, 2013 | Tickers: SAN, ING, BNS, WBK

    It seems like every day when I open a magazine or newspaper there is some sort of article about the Government seeking to increase regulation over US Banks.

    As a citizen, I find these efforts laudable. As an investor, however, they don’t make me want to invest in US banks. The push for new capital requirements, for instance, raises concern. In theory, imposing capital requirements on the banks should more »

  • A Look at the Canadian Banking Industry

    By Michael Weber - July 17, 2013 | Tickers: BMO, CM, BNS

    Today, I’ll be reviewing The Bank of Nova Scotia (NYSE: BNS) as part of my Great Canadian Banking Series. In this 10-part series, I will examine the Canadian Banking Sector to identify good dividend growth candidates.

    Side Note: Since the article is focusing on a Canadian sector, I chose to show stock information from the Toronto Stock Exchange instead of the NYSE. Dollar amounts and stock information are in more »

  • It's Hard to Go Wrong With Canadian Banks

    By Phillip Woolgar - July 10, 2013 | Tickers: BMO, RY, BNS

    Canadian banks are safe organizations because they have a lot of capital to justify your investment, U.S. banking analyst Meredith Whitney told the Business News Network. However, a few U.S. hedge funds have actually shorted Canadian banks. 

    So, is now a time to put your money in Canada? After all, Canada's banking sector is heavily regulated, and free from much of the recession-related turmoil and utter hatred more »

  • Moody’s Downgrade of the Canadian Banks: Should Investors be Worried?

    By Ashit Gulati - July 9, 2013 | Tickers: CM, BNS, TD

    My coverage on the Canadian banking sector continues. In this brief analysis I will examine if the downgrade by Moody's should be a major concern for potential investors.

    Moody’s recently downgraded six of Canada’s largest banks primarily due to high levels of consumer debt and elevated housing prices, which forces a potential downside risk on the Canadian economy.

    Irrespective of the downgrade, several Wall Street experts and more »

  • 3 Nova Scotia Picks You Must Buy This Month

    By Madhukar Dubey - July 4, 2013 | Tickers: ENB, RY, BNS, TD

    The Bank of Nova Scotia (NYSE: BNS) has $740 billion in assets under management (AUM) as of May 2013. The bank believes in holding a well-diversified portfolio of investments. This diversification can be geographical or industrial, which helps in monetizing future growth opportunities. I am analyzing the top three companies of its portfolio, which recently took major steps including expansion efforts and new agreements in order to boost revenue.

    Name more »

  • Is the Canadian Banking Sector Still Reliable?

    By Ashit Gulati - July 2, 2013 | Tickers: CM, BNS, TD

    My coverage of the Canadian banking sector continues, as this time around, I will be deeply evaluating the the Canadian Imperial Bank of Commerce (NYSE: CM), commonly known as the CIBC, and what makes it a worthwhile investment. 

    The Canadian Imperial Bank of Commerce is the fifth-largest bank by deposits. The bank is headquartered at Commerce Court in Toronto, Ontario. 

    CIBC is an interesting choice for an investment. The bank more »

  • How Is Toronto Dominion Positioned in the Canadian Banking Sector?

    By Ashit Gulati - June 25, 2013 | Tickers: BMO, RY, BNS, TD

    Since 1790, the American banking system has experienced sixteen different financial crises, in contrast, the Canadian banking system has experienced none so far. This makes a big statement to potential investors about the stability of the Canadian financial system over the tumultuous American banking system.

    The recent subprime crisis, which led to a global economic meltdown eventually resulted in heavy losses for American banks, and ultimately the collapse of Lehman more »

  • Double Digit Gains in Cheap Banks

    By Ken McGaha - June 17, 2013 | Tickers: RY, BNS, TD

    Much has been written and said regarding the Federal Reserve’s monetary policy and the negative impact it has and will continue to have on the U.S. dollar. Much less has been written about how investors can protect the value of their dollars from depreciating while also generating exceptional returns and avoiding high risks. Those objectives can be achieved by investing in businesses that conduct their daily affairs in more »

  • Canadian Banks Have a Lot to Offer Investors

    By Bob Ciura - May 22, 2013 | Tickers: BMO, CM, RY, BNS

    Investing in big banks is a conversation usually confined to the biggest bulge-bracket banks in the United States. The resurgence of our nation’s financial institutions since the dark days of the recent financial crisis has been well-documented throughout the media. Indeed, there are many American banks that have shown renewed signs of life as the economy in the United States continues its gradual recovery and consumer lending levels begin more »

  • Banco Santander: An Undervalued Investment Opportunity

    By Matt Smith - May 15, 2013 | Tickers: BBVA, SAN, BNS

    With the advent of the Spanish banking crisis triggered by the collapse of the Spanish property bubble, Banco Santander (NYSE: SAN), Spain´s largest bank, has seen its share price plunge in value by 36% since the crisis began. This sell off was triggered by investor fears over the quality of the bank´s assets and its exposure to the sovereign debt of those nations on the periphery of the more »

  • Why I Like Canadian Bank Stocks

    By Jody Kohut - April 27, 2013 | Tickers: BAC, BMO, CM, NA, RY, BNS, TD, WFC

    In the search for stability and yield many core holdings include financials – in particular bank stocks. I personally like some of the Canadian banks at the moment. I know I’m not the only person to have suggested Canadian banks as an investment. I remember reading an article some time ago about someone recommending CIBC. Then he referred to the acronym as standing for the Canadian Imperial Bank of Communication more »

  • The Investor's Guide to Picking Canadian Bank Stocks

    By Robert Baillieul - March 15, 2013 | Tickers: BMO, CM, RY, BNS, TD | Editor's Choice

    It's a challenge to pick among Canada's apparently identical Big-5 banks. In investment circles, most discussion is centered on which stock is the cheapest. But with each company pursuing diverging strategies, investors should base their decision on their own thesis. 

    Royal Bank of Canada

    Thesis: With the worst of the financial crisis behind us, the global investment banking industry is poised for a rebound. 

    With $90 billion in more »

  • 3 Can't-Miss Quotes for Bank Investors This Earnings Season

    By Robert Baillieul - March 14, 2013 | Tickers: BMO, RY, BNS

    This first quarter Canada's Big 5 banks reported surprisingly strong headline numbers. But by digging into conference call transcripts, investors can find interesting management commentary on key trends. Let's take a look at three of my three favorite quotes from this quarter and discuss the key takeaways for investors.

    Real estate crash unlikely

    The biggest concern north of the border is a U.S. style housing crash. Pundits more »

  • 4 Big Canadian Banks To Consider

    By Maxwell Fisher - December 26, 2012 | Tickers: BMO, RY, BNS

    From time to time, I like to check in on large banks to our north, in Canada. These banks have generally avoided many of the credit related problems that befell large American banks late last decade. But there are some concerns up north. For the fourth time since 2008, this summer the Canadian government has mandated tightened qualifications for mortgage borrowers. There is concern both over the household debt carried more »

  • 5 Unheralded Financial Stocks with Top-Notch Yields

    By Meena Krishnamsetty - November 7, 2012 | Tickers: BMO, CM, MFG, BNS, WBK

    In the same way as our “5 Dividend Stocks for the Next 5 Years” series, we have identified five high-dividend paying financial stocks that we believe can provide stable income amid a tough economic backdrop, and during a time when financials have underperformed the broader market. The Dow Jones Industrial Average is up 50% since 2009, while the Dow Jones U.S. Financial Index is up only 40%. Our list more »

  • Can You Bank On These High Yielding Companies?

    By Chad Henage - May 10, 2012 | Tickers: NYCB, BNS

    The banking industry doesn't get much love in today's market. Even the best banks can barely get their stock prices to move. When an industry is in the doldrums, sometimes you have to look outside of the biggest names to find bargains. I recently ran a screen on the Motley Fool CAPS Screener to look for bank stocks that paid at least a 2% yield, had 10% or better earnings growth, and were rated 4 – 5 stars by the CAPS community. Of the stocks this screen returned, I found two that looked like they might be attractive buys, New York Community Bancorp (NYSE: NYCB) and The Bank of Nova Scotia (NYSE: BNS). I'll be referring to these companies as NYB and BNS to avoid an article that is longer than a trip to Nova Scotia. 

  • The Safe Haven of Canadian Banks

    By Alex Thorburn-Winsor - May 2, 2012 | Tickers: CM, RY, BNS, TD

    In times of financial uncertainty, it's best to look for safe, proven companies. Companies like the Canadian Big Five Banks. Collectively, Canada has the soundest banks in the world and have higher market implied ratings than any other country according to a recent Moody's report. Moody's recommends the banks to it's customers and has given all of the big five a credit rating of AA or more »

  • Big Bank, Great Service, eh?

    By Chad Henage - March 29, 2012 | Tickers: BMO, RY, BNS, TD

    It's rare to hear anything positive said about big banks recently. In the last few years, many of the largest banks and financial institutions in the U.S., have been blamed for the problems in the economy. If you are looking for a bank with the size and clout of some of the biggest U.S. banks, but with the earnings power of some of the smaller banks, look to The Great White North. Our neighbors to the north Canada, might house some of the most consistently undervalued names in the financial industry. One in particular that I've come across is TD Bank (NYSE: TD). I recently wrote a post about how BB&T shows good organic growth in cash, loans, and deposits. In that post I discovered that BB&T is outgrowing PNC, SunTrust, and Regions Financial. If you are looking for an even better value than BB&T, look at TD.