Bank of Nova Scotia at National Bank Financial Services Conference Transcript
All right. Welcome back, to back to back to back. Aris Bogdaneris, Group Head, Canadian Banking of Scotiabank. Welcome to the stage again.
Great to be here.
Questions & Answers
Big has fan. You were reminded me, another game tonight. Let's start with the ROE, like everybody is obsessed with these days, rightfully so. But in Scotia's case, about half of the ROE expansion is expected to come from your business.
Contrast that with some other banks where usually it's the ROE expansion in the US or elsewhere, that's the driver. So what are the keys for that? And how do you expect to close the ROE gap with your peers?
Right. So, great to be here. The ROE in the first quarter was 18.1% for the Canadian bank. That's roughly 140 basis points up from a year ago. And I think it's correct to say,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
