The Bank of Nova Scotia

BNS

CA0641491075

Banks

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-12-05 EST			5-day change	1st Jan Change
99.26 ^CAD	+0.95%		+2.39%	+28.59%

12-05	Holdco Asset Management Urges KeyCorp to Adopt No-Acquisition Policy and Dismiss CEO Christopher Gorman	CI
12-04	TSX Closer: Sets Fresh Record Close On Improved Commodity Prices and Optimism Around Economy	MT

North American Morning Briefing : Stock Futures Steady After Risk Selloff -2-

Published on 12/02/2025 at 06:19 am EST

Dow Jones

The Bank of Nova Scotia

+0.95%

Aura Minerals Inc.

-0.94%

Endeavour Silver Corp.

-1.31%

Euro / Brazilian Real (EUR/BRL)

+2.43%

US Dollar / Russian Rouble (USD/RUB)

0.00%

On one side, White House special envoy Steve Witkoff will be in Moscow for the latest round of peace talks with the Kremlin over the Ukraine war. Witkoff, who has yet to visit Ukraine, is making his sixth trip to Moscow this year.

Write to gareth.mcpherson@wsj.com

TODAY IN CANADA

Earnings:

Bank of Nova Scotia 4Q

Organigram Global 4Q

Economic Indicators (ET):

Nothing major scheduled

Stocks to Watch:

Atrium Mortgage Investment Corp. Names Chris Anastasopoulos Chief Financial Officer

Aura Minerals Closes The Acquisition Of The Mineração Serra Grande Gold Mine In Goias, Brazil

Endeavour Silver Prices $300M Offering of Convertible Senior Notes Due 2031; to Use Proceeds to Repay Debt, Fund Pitarrilla Project, for General Corporate Purposes; Offering Is Expected to Close Around Dec. 4

Monument Mining 1Q Gross Revenue $32.4M; 1Q Net Income $10.5M; 1Q EPS $0.03; 1Q EPS of $0.03

SciSparc Plans on Entering Multi-Billion-Dollar GERD Device Market With Acquisition of Approved IP Portfolio

Strathcona Resources Closes Acquisition of Vawn Thermal Project and Undeveloped Thermal Lands; Consideration for the Assets Comprised $75M in Cash and Contingent Consideration of up to $75M; Mizuho Securities USA Acted as Financial Advisor; Acquired lands, Excluding Vawn, Expected to Increase Strathcona's Production Capacity by Approx 35 Mbbls/d

Sun Life Announces Planned C$1B Offering of Subordinated Unsecured Debentures

Tilray Brands Inc. Halted Due to Pending News

Victory Square Technologies 3Q Revenue CAD 10.5M; 3Q Adj Revenue CAD 12.8M; 3Q Adj EBITDA CAD 1.26M; 3Q Revenue of CAD 10.5 Million

Expected Major Events for Tuesday

00:01/UK: Nov Shop Price Monitor

00:01/UK: Nov CBI Growth Indicator Survey

05:00/JPN: Nov Consumer Confidence Survey

07:00/UK: Nov Nationwide House Price Index

09:00/ITA: Oct Unemployment

11:00/ITA: Oct PPI

13:55/US: 11/29 Johnson Redbook Retail Sales Index

15:00/US: Dec RCM/TIPP Economic Optimism Index

21:00/US: Nov Domestic Auto Industry Sales

21:30/US: API Weekly Statistical Bulletin

All times in GMT. Powered by Onclusive and Dow Jones.

Expected Earnings for Tuesday

American Eagle Outfitters Inc (AEO) is expected to report $0.43 for 3Q.

Asana Inc (ASAN) is expected to report $-0.16 for 3Q.

Bank of Nova Scotia (BNS,BNS.T) is expected to report $1.29 for 4Q.

Box Inc (BOX) is expected to report $0.06 for 3Q.

Children's Place Inc (PLCE) is expected to report $0.70 for 3Q.

Citi Trends Inc (CTRN) is expected to report $-0.76 for 3Q.

Couchbase Inc (BASE) is expected to report $-0.23 for 3Q.

CrowdStrike Holdings Inc (CRWD) is expected to report $-0.10 for 3Q.

Forward Industries Inc (FORD) is expected to report for 4Q.

GitLab Inc (GTLB) is expected to report $-0.12 for 3Q.

Here Group Ltd - ADR (HERE) is expected to report for 1Q.

Leslie's Inc (LESL) is expected to report for 4Q.

Okta Inc (OKTA) is expected to report $0.11 for 3Q.

Pure Storage Inc (PSTG) is expected to report $0.25 for 3Q.

TRX Gold Corp (TRX,TRX.T) is expected to report for 4Q.

United Natural Foods Inc (UNFI) is expected to report $0.21 for 1Q.

Village Super Market Inc - Class A (VLGEA) is expected to report for 1Q.

Wilhelmina International Inc (WHLM) is expected to report for 3Q.

ANALYST RATINGS ACTIONS

American Tower REIT Cut to Equal-Weight From Overweight by Barclays

Argan Cut to Neutral From Overweight by JP Morgan

BankUnited Raised to Buy From Hold by Jefferies

Chevron Raised to Buy From Hold by HSBC

Chime Financial Raised to Buy From Neutral by Goldman Sachs

Crown Castle Cut to Equal-Weight From Overweight by Barclays

Enterprise Pdts Partners Cut to Neutral From Overweight by JP Morgan

Kratos Raised to Buy From Neutral by B. Riley Securities

MPLX Cut to Neutral From Overweight by JP Morgan

Neumora Therapeutics Raised to Outperform From Sector Perform by RBC Capital

Old Dominion Freight Raised to Outperform From Market Perform by BMO Capital

PTC Therapeutics Cut to Sector Perform From Outperform by RBC Capital

REV Group Cut to Neutral From Outperform by Baird

Shattuck Labs Raised to Buy From Neutral by HC Wainwright & Co.

Sionna Therapeutics Cut to Underperform From Sector Perform by RBC Capital

Spyre Therapeutics Raised to Buy From Hold by Jones Trading

Thermo Fisher Raised to Buy From Hold by HSBC

Titan Machinery Cut to Neutral From Outperform by Baird

Toast Raised to Outperform From Neutral by BNP Paribas Exane

Trinseo Cut to Neutral From Overweight by Alembic Global

Unity Software Raised to Buy From Neutral by Arete Research

VICI Properties Cut to In-Line From Outperform by Evercore ISI Group

Zscaler Cut to Market Perform From Outperform by Bernstein

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

12-02-25 0617ET

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
THE BANK OF NOVA SCOTIA	99.26CAD	+0.95%	+2.39%	88.5B
AURA MINERALS INC.	41.22USD	-0.94%	+2.79%	3.44B
ENDEAVOUR SILVER CORP.	12.01CAD	-1.31%	-12.59%	2.55B
EURO / BRAZILIAN REAL	6.3324BRL	+2.43%	+2.44%	-
US DOLLAR / RUSSIAN ROUBLE	76.4000RUB	0.00%	-1.29%	-

Latest news about The Bank of Nova Scotia

12-05	Holdco Asset Management Urges KeyCorp to Adopt No-Acquisition Policy and Dismiss CEO Christopher Gorman	CI
12-04	TSX Closer: Sets Fresh Record Close On Improved Commodity Prices and Optimism Around Economy	MT
12-04	Correction To TSX Closer: Up For the First Time This Week, Back To Near Last Friday's Record Close	MT
12-04	TSX Open: Up 80-pts Pts and Above 31,200; On Wednesday Was Up For the First Time This Week	MT
12-03	TSX Closer: Up For the First Time This Week, Back To Near Last Friday's Record Close	MT
12-03	BMO Raises Scotiabank Price Target to $93, Keeps Market Perform	MT
12-03	RBC Hikes Scotiabank Price Target to $97, Keeps Sector Perform, After Earnings Beat	MT
12-03	Bank of Nova Scotia Price Target Raised to $104 at TD	MT
12-03	Bank of Nova Scotia Price Target Raised to $97 at RBC	MT
12-03	RBC Raises Price Target on Bank of Nova Scotia to CA$97 From CA$86, Keeps Sector Perform Rating	MT
12-02	Financials Up Amid Deal Activity - Financials Roundup	DJ
12-02	TSX dips as lower commodity prices offset positive start to bank earnings season	RE
12-02	TSX Close: Down Two Successive Sessions; But National Bank Still Bullish On Energy Sector	MT
12-02	Sector Update: Financial Stocks Edge Higher in Afternoon Trading	MT
12-02	Toronto Stocks Falter With Drop in Commodity Prices	DJ
12-02	TSX Down 130 Points at Midday With Energy The Biggest Decliner	MT
12-02	Scotiabank Aiming for Earnings Growth After Capital Markets Buoy Results in Latest Quarter -- Update	DJ
12-02	Correction to Scotiabank Quarterly Earnings Buoyed Article	DJ
12-02	TSX falls as commodity declines outweigh gains in tech, banks	RE
12-02	The Bank of Nova Scotia Reports Earnings Results for the Full Year Ended October 31, 2025	CI
12-02	The Bank of Nova Scotia, Q4 2025 Earnings Call, Dec 02, 2025
12-02	TSX opens higher as Scotiabank reports robust earnings	RE
12-02	Sector Update: Financial Stocks Edge Higher Pre-Bell Tuesday	MT
12-02	Scotiabank Correction; Has Turned Positive in U.S. Premarket as Q4 Adjusted Earnings Top Estimates Despite Canadian Banking Struggles	MT
12-02	The Bank of Nova Scotia Reports Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2025	CI

Chart The Bank of Nova Scotia

Duration

Period

BNS: Dynamic Chart

Company Profile

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

Employees

86,431

Sector

Banks

Calendar

02-25 - Q1 2026 Earnings Release

More about the company