The Bank of Nova Scotia Ret. on assets
What is the Ret. on assets of The Bank of Nova Scotia?
The Ret. on assets of The Bank of Nova Scotia is 0.83%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Miscellaneous sector on LSE compared to The Bank of Nova Scotia
What does The Bank of Nova Scotia do?
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Companies with ret. on assets similar to The Bank of Nova Scotia
- Franklin Services has Ret. on assets of 0.82%
- Franklin Services has Ret. on assets of 0.82%
- AXA SA has Ret. on assets of 0.83%
- AXA SA has Ret. on assets of 0.83%
- AXA SA has Ret. on assets of 0.83%
- Ohio Valley Banc has Ret. on assets of 0.83%
- The Bank of Nova Scotia has Ret. on assets of 0.83%
- Ellington Inc has Ret. on assets of 0.83%
- Pioneer has Ret. on assets of 0.83%
- Silvergate Capital has Ret. on assets of 0.83%
- Truist has Ret. on assets of 0.83%
- New Gold Inc has Ret. on assets of 0.83%
- First Interstate BancSystem has Ret. on assets of 0.83%