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Scotiabank's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Scotiabank is a Canadian multinational bank that offers commercial banking, wealth management, corporate and investment ... Read more

Annual Revenue

Employees

Brian J. Porter's photo - President & CEO of Scotiabank

President & CEO

Brian J. Porter

CEO Approval Rating

75/100

OVERVIEW

Founded:

1832

Headquarters:

TorontoOntario

Status:

PublicIndependent Company of TMX Group - Toronto Stock ExchangeBNS

Industry Sector:

- -

SIC Code:

6199NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is CIBC a competitor of Scotiabank?

I don't know

Trending News for Scotiabank and Scotiabank's Competitors

January 21, 2020

MarketScreener

CIBC Innovation Banking : Provides Water Data Management Software Provider, Aquatic Informatics, With $8 Million Growth Capital Financing to Support Expansion

(marketscreener.com) CIBC Innovation Banking is pleased to announce an $8 million debt financing with... See more »

January 21, 2020

StreetInsider

BMO Financial Group Named to Corporate Knights' Global 100 Most Sustainable Corporations in the World Ranking

BMO ranked top bank in North America Reflects commitment to sustainable future and carbon neutrality ... See more »

January 21, 2020

Banking Technology

Canada's RBC files patents for AI inventions as bigtechs soar

Ten AI patent applications were submitted by RBC across 2019.... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

RBC is Scotiabank's top competitor. RBC was founded in 1869 in Toronto, Ontario. RBC competes in the Banks field. RBC generates $11.4B more revenue than Scotiabank.

TD Bank is perceived as one of Scotiabank's biggest rivals. TD Bank's headquarters is in Toronto, Ontario, and was founded in 1855. TD Bank is in the Banks industry. TD Bank generates 125% of Scotiabank's revenue.

BMO is one of Scotiabank's top competitors. BMO is a Public company that was founded in Toronto, Ontario in 1817. BMO operates in the Banks industry. BMO has 66,972 fewer employees vs. Scotiabank.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Brian J. Porter

President & CEO

- -
88,804
$0
$23.7B
1

David I. McKay

President & CEO

76/100
80,000
- -
$35.1B
2

Bharat Masrani

President & CEO

69/100
81,233
- -
$29.6B
3

Darryl White

CEO

64/100
21,832
$67.2M
$17.5B
4

Victor Dodig

President & CEO

67/100
44,220
- -
$14.6B
5

Louis Vachon

President & CEO

65/100
25,487
- -
$5.7B
6

William Downe

President & CEO

73/100
883
- -
$95M
7

François Desjardins

President & CEO

67/100
88,900
- -
$13.1B
8

Chris Fowler

President & CEO

63/100
2,100
- -
$640.1M
9

Guy Cormier

President & CEO

64/100
47,655
$45M
$17.3B
10

Sandra Stuart

President & CEO

68/100
365
- -
$53.5M
The top 10 competitors in Scotiabank's competitive set are RBC, TD Bank, BMO, CIBC, National Bank of Canada, BMO Harris Bank, Laurentian Bank, Canadian Western Bank, Desjardins and HSBC Bank Canada. Together they have raised over 112.2M between their estimated 315.6K employees. Scotiabank has 88,804 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 43,770.

Quarterly and Annual Revenue

Coming soon for Scotiabank!

Annual Revenue

$23.7B

Scotiabank's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 14.3B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Banco Del Progreso

Aug 2018

Source »
undisclosed
Banco Del Progreso provides personalized banking and financial solutions for the retail and corporate customers.
MD Financial Management

May 2018

Source »
$2.6B
MD Financial offers financial planning, insurance and banking services for physicians.
Cencosud

May 2018

Source »
$100.7M
Cencosud Bank provides banking and financial services for corporate and retail customers.
Jarislowsky Fraser Limited

Feb 2018

Source »
$950M
Jarislowsky Fraser is an investment firm that manages a portfolio of pension funds and endowments of foundations, corporations and individuals.

-

-

Jun 2014

Source »
$279.4M
-

These are all the companies that Scotiabank has acquired. Scotiabank has acquired 6 companies and its latest acquisition was Banco Del Progreso in Aug 2018. Banco Del Progreso provides personalized banking and financial solutions for the retail and corporate customers.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

SilverCrest Metals is a mineral exploration company that acquires and develops gold and silver properties.
$69.9M
Dec 17, 2019
Unattributed
-
CRH is a healthcare organization that provides non-surgical hemorrhoid treatment for patients.
$200M
Oct 22, 2019
Debt
-
Metso manufactures and supplies equipment to mining, aggregates, recycling, oil and gas and paper industries.
$872M
Sep 30, 2019
Debt
-
Verafin is a provider of compliance, anti-money laundering and fraud detection solutions for the financial institutions.
$388.6M
Sep 24, 2019
Equity
-
eStruxture is a provider of managed hosting, disaster recovery, network and cloud neutral data center solutions for enterprises.
$170M
Jun 23, 2019
Debt
-

These are all the companies that Scotiabank has invested in. Scotiabank has invested 6 companies and its latest investment was Banco Del Progreso in Aug 2018. Banco Del Progreso provides personalized banking and financial solutions for the retail and corporate customers.

Scotiabank News

January 14, 2020Global Legal Chronicle

The Bank of Nova Scotia's $2.250 Billion Senior Notes Offering

Shearman & Sterling represented The Bank of Nova Scotia in connection with the offering. The Bank of ... See more »
January 6, 2020MarketScreener

Scotiabank Expects $175 Million After-Tax Net Benefit to 1Q Results

(marketscreener.com) By Mary de Wet Scotiabank said Monday that the net effect of its Thai bank stake... See more »
January 6, 2020Seeking Alpha

Halliburton upped at Scotiabank in oilfield services reshuffle

See more »
December 26, 2019ABF Journal

Scotiabank, BMO, TD Upsize Alamos Gold Facility to $500 Million

Alamos Gold amended its existing undrawn revolving credit facility, including an increase from $400 m... See more »
December 24, 2019Dubai Forum

TAQA Secures $3.5B Revolving Credit Facility

Dubai Forumby Andreas Exarheas | Rigzone Staff | Tuesday, December 24, 2019 Abu Dhabi National Energy... See more »
December 19, 2019MarketScreener

Announces $450 Million Series U Senior Unsecured Debenture Issue

(marketscreener.com) SmartCentres Real Estate Investment Trust Announces $450 Million Series U Senior... See more »
December 17, 2019The Northern Miner

Global uncertainty weighs on metals complex, ft. Scotiabank's Rory Johnston

This week's episode features the return of Scotiabank's Rory Johnston, who speaks with The Northern M... See more »

Scotiabank Press Releases

October 25, 2019CSRwire

The Scotiabank Women Initiative Continues to Champion Women Entrepreneurs at She's Next, Empowered by Visa

The Scotiabank Women Initiative participated in the first Visa Canada She's Next, Empowered by Visa w... See more »
October 14, 2019University Chronicle

Scotiabank Supports Empowering Girls to Reach Their Infinite Potential

In celebration of the International Day of the Girl, four talented young women shadowed four of Scoti... See more »
October 9, 2019CSRwire

Scotiabank Supports Employee Mental and Emotional Wellbeing

Scotiabank is adding two additional paid personal days for eligible Canadian employees in support of ... See more »
September 26, 2019CSRwire

The Scotiabank Women Initiative Commits $3 Billion in Capital over Its First Three Years to Support Women-Led Businesses

The Scotiabank Women Initiative today announced its commitment to allocate $3 billion in funding to w... See more »
September 24, 2019CSRwire

Scotiabank Supports Young Canadians With a $500,000 Donation to the Terry Fox PROFYLE Program

Scotiabank has donated $500,000 to the Terry Fox Foundation PROFYLE program, to help give young Canad... See more »
September 13, 2019CSRwire

Women in Payments Announces 2019 Award Nominees

Women in Payments will honour six inspiring people with awards for their leadership in the payments e... See more »
September 10, 2019CSRwire

Scotiabank Stands with our Customers, Employees and Communities Affected by Hurricane Dorian

Scotiabank is donating $100,000 USD to the Red Cross in support of the rescue and relief efforts taki... See more »

Scotiabank Videos

January 7, 2020Scotiabank Youtube Channel

"Grâce à la planification de patrimoine globale, l'avenir vous appartient" on YOUTUBE

See more »
January 7, 2020Scotiabank Youtube Channel

"Carte Visa Infinite* Momentum ScotiaMD" on YOUTUBE

See more »
January 6, 2020Scotiabank Youtube Channel

"Total Wealth Planning - feel confident for your future" on YOUTUBE

See more »
December 16, 2019Scotiabank Youtube Channel

"Energize Your Investing: Financial Goals" on YOUTUBE

See more »
December 6, 2019Scotiabank Youtube Channel

"Scotiabank GBM Mining Reel" on YOUTUBE

See more »
December 3, 2019Scotiabank Youtube Channel

"Key factors that influence the Canadian dollar" on YOUTUBE

See more »
December 3, 2019Scotiabank Youtube Channel

"Chef de la direction Brian Porter sur une année de progrès pour la Banque Scotia" on YOUTUBE

See more »

Social Statistics

Headquarters

44 King Street West Scotia Plaza

Toronto, OntarioM5H 1H1

416-866-6161

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Scotiabank is a Canadian multinational bank that offers commercial banking, wealth management, corporate and investment banking services. Scotiabank was founded in 1832. Scotiabank's headquarters is located in Toronto, Ontario, CA M5H 1H1. Scotiabank...

CEO

Scotiabank's President & CEO, Brian J. Porter, currently has an approval rating of 75%. Scotiabank's primary competitors are RBC, TD Bank & BMO.

Website

scotiabank.com

Frequently Asked Questions about Scotiabank

  1. When was Scotiabank founded?

    Scotiabank was founded in 1832

  2. Who is Scotiabank's CEO?

    Scotiabank's CEO is Brian J. Porter

  3. How much revenue does Scotiabank generate?

    Scotiabank generates $23.7B in revenue

  4. How much funding does Scotiabank have?

    Scotiabank has historically raised $0 in funding

  1. Where is Scotiabank's headquarters?

    Scotiabank's headquarters is in Toronto Ontario, CA

  2. How many employees does Scotiabank have?

    Scotiabank has 88,804 employees

  3. Who are Scotiabank's competitors?

    Scotiabank's top competitors are RBC, TD Bank, BMO

  4. Who has Scotiabank invested in?

    Scotiabank's has invested in companies such as SilverCrest Metals, CRH, Metso
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