Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00966702470461867 -0.00537056928034379 -0.0131578947368422
Stock impact report

Canada's Scotiabank beats profit on wealth, capital markets boost, records restructuring charge [BNN Bloomberg (Canada)]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: BNN Bloomberg
Scotiabank is the first of the big six Canadian banks to report fourth-quarter results, wrapping up a year marked by trade and tariff uncertainty, unemployment concerns in Canada and a sluggish housing market that has pushed lenders to set aside more money to safeguard against souring loans. The bank, Canada's fourth largest by market capitalization, also took a C$373 million (US$266.30 million) restructuring charge in the quarter due to layoffs at its Canadian banking business and at its Asian operations in Global Banking and Markets. Scotiabank's new management team has scaled back exposure to underperforming markets and instead focused on the North American trade corridor since late 2023, which included the transfer of assets in Colombia, Costa Rica, and Panama to Colombian bank Davivienda and the purchase of a nearly 15 per cent stake in U.S. regional lender KeyCorp. Like other Canadian banks, Scotiabank has also focused on high-margin businesses driven by fee income such a Show less Read more
Impact Snapshot
Event Time:
KEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for KEY alerts
Opt-in for
KEY alerts

from News Quantified
Opt-in for
KEY alerts

from News Quantified