bns is Scotiabank.

Scotiabank is Canada's most important international bank. With branches and offices in more than 50 countries, our 41,000 employees provide quality service to our customers, making the company one of the preeminent banking institutions in North America.

Scotiabank is one of the largest financial institutions in North America, with total assets reaching CAD 318 billion as of July 2005. It is also Canada's most international bank. The Scotiabank Group has 44,000 employees in 48 countries and provides services through a network of more than 1,800 branches and offices.

Scotiabank’s core businesses include domestic and international banking and wealth management. Scotiabank also has a responsibility to help contribute our financial and human resources in Canada and around the world to meet the needs of today's social development.

Business activities in the Asia Pacific and China regions are focused on business and corporate banking, treasury (foreign exchange and money markets), derivatives and structured financial products, as well as limited personal banking services in selected markets trade financial services. Through ScotiaMocatta Bank's gold and other precious metals division, gold bullion services are also provided in Asia Pacific and China.

Scotiabank’s market dynamics:

On August 27, 2019, before the US stock market opened, Scotiabank (BNS.US) announced the third quarter of fiscal year 2019 ( Q3) Unaudited performance report, data shows that Scotiabank’s Q3 operating income was CAD 7.659 billion, a year-on-year increase of 6.6%, higher than market expectations; among which, net interest income was CAD 4.374 billion, a year-on-year increase of 7.1%, Non-interest income was CAD 3.285 billion, a year-on-year increase of 6.1%.

On November 26, 2019, Scotiabank’s Q4 operating income was 7.968 billion Canadian dollars, exceeding market expectations, a year-on-year increase of 7%; of which, net interest income was 4.336 billion Canadian dollars, a year-on-year increase of 2.7% , non-interest income was CAD 3.632 billion, a year-on-year increase of 12.5%.

In the fourth quarter, Scotiabank’s net profit was CAD 2.308 billion, a year-on-year increase of 1.6%; diluted earnings per share (EPS) was CAD 1.73, compared with CAD 1.71 in the same period last year. Q4 return on equity (ROE) was 13.3%, down 0.5 percentage points year-on-year.