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

81/100

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?

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Trending News for Scotiabank and Scotiabank's Competitors

October 17, 2019

FE Investegate

Bank of Montreal : Publication of Final Terms - Bank of Montreal

11:20 AM: (94DW) Publication of Final Terms - Bank of Montreal... See more »

October 18, 2019

American Banker

Why Scotiabank is building 'digital factories'

The Toronto-based bank has hired 1,200 people across five countries in North and South America to foc... See more »

October 17, 2019

ABF Journal

Laurentian Names Gunderson EVP/Capital Markets

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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 $3.7B 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 102% 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
$28.8B
1

David I. McKay

President & CEO

72/100
80,000
- -
$32.4B
2

Bharat Masrani

President & CEO

70/100
81,233
- -
$29.6B
3

Darryl White

CEO

60/100
21,832
$67.2M
$17.6B
4

Victor Dodig

President & CEO

62/100
44,220
- -
$13.6B
5

Louis Vachon

President & CEO

62/100
23,450
- -
$7.2B
6

William Downe

President & CEO

83/100
883
- -
$95M
7

François Desjardins

President & CEO

70/100
88,900
- -
$13.2B
8

Chris Fowler

President & CEO

70/100
2,100
- -
$640.1M
9

Guy Cormier

President & CEO

62/100
46,216
$45M
$17.1B
10

Sandra Stuart

President & CEO

58/100
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 307.1K employees. Scotiabank has 88,804 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 43,454.

Quarterly and Annual Revenue

Coming soon for Scotiabank!

Annual Revenue

$28.8B

Scotiabank's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 14.6B.

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

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
-
Maple Leaf Foods is a consumer protein company that produces and sells prepared meats, lunch kits snacks and poultry products.
$1.5B
May 01, 2019
Debt
-
Ero Copper is a base metals mining company that acquires, explores and distributes copper properties.
$130M
Dec 16, 2018
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

October 3, 2019The Stadium Business

Scotiabank Arena debuts new outdoor LED screen

Toronto's Scotiabank Arena has been fitted with a new and larger outdoor LED screen as part of wider ... See more »
September 30, 2019Equity Bulls

Winding up order against Opto Circuits India Ltd have been recalled

Winding up order against Opto Circuits India Ltd have been recalled...... See more »
September 27, 2019Reuters

UPDATE 1-Scotiabank abandons plan to sell Guyana operations

Bank of Nova Scotia said on Friday it will not proceed with a proposed sale of its operations in Guya... See more »
September 23, 2019FE Investegate

Loan Refinancing

2:24 PM: (SHRS) Loan Refinancing... See more »
September 20, 2019CBC News

Scotiabank says no risk to customers after bank's software found on coding website

A Canadian IT consultant is raising the alarm after he says he found some sensitive software code bel... See more »
September 20, 2019Toronto Star

Scotiabank's loonie bail-in bond scooped up in trading debut

The spread on Scotiabank's $1.5 billion of five-year bonds tightened to about 102 basis points more t... See more »
September 20, 2019Computer Dealer News

Hashtag Trending - Huawei Mate 30 phones; Scotiabank data leak; Amazon buys electric trucks

Huawei officially launches Mate 30 smartphones, Scotiabank accidentally displays private code for pub... See more »

Scotiabank Press Releases

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 »
August 16, 2019University Chronicle

Scotiabank Unveils Public Legacy Space in Partnership With The Gord Downie & Chanie Wenjack Fund

Scotiabank has unveiled its second Downie Wenjack Legacy Space in Toronto, further signifying its com... See more »
August 6, 2019CentralCharts

Allied Announces Launch of Offering of Series D Senior Unsecured Debentures

Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has lau... See more »
July 19, 2019Thailand Press Release News

Venture Global Secures Binding Commitments of over $10 billion for its $5.8 billion Calcasieu Pass LNG Construction Financing

Venture Global LNG, Inc. is proud to announce that the company#s $5.8 billion Calcasieu Pass LNG cons... See more »
July 15, 2019GlobeNewswire

SmartCentres and Mitchell Goldhar Announce Scotiabank as New Tenant in PwC-YMCA Tower at Vaughan Metropolitan Centre

TORONTO, July 15, 2019 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust ("SmartCentres")... See more »

Scotiabank Videos

October 1, 2019Scotiabank Youtube Channel

"Pocket Advisor: Cashflow" on YOUTUBE

See more »
September 26, 2019Scotiabank Youtube Channel

"Pocket Advisor: Business Plan 101" on YOUTUBE

See more »
September 3, 2019Scotiabank Youtube Channel

"Pocket Advisor: Paying off Student Debt" on YOUTUBE

See more »
August 27, 2019Scotiabank Youtube Channel

"Nuestro trimestre con Brian Porter: T3 2019" on YOUTUBE

See more »
August 27, 2019Scotiabank Youtube Channel

"Our Quarter with Brian Porter: Q3 2019" on YOUTUBE

See more »
August 19, 2019Scotiabank Youtube Channel

"Pocket Advisor: What to Know about Credit Cards" on YOUTUBE

See more »
August 14, 2019Scotiabank Youtube Channel

"Pocket Advisor: Building a Budget" 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 81%. 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 $28.8B 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 Metso, Verafin, eStruxture
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