Bank of Nova Scotia operates in the State commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of Nova Scotia with three other
banks in North America:
State Street Corp
of UNITED STATES
(2020
sales of $12.08 billion
),
Bank Of New York Mellon Corp.
of UNITED STATES
($16.94 billion
), and
Fifth Third Bancorp
which is
also
based in UNITED STATES
($8.40 billion
).
Sales Analysis.
Bank of Nova Scotia reported sales of C$42.78 billion (US$33.87 billion)
for the
fiscal
year ending
October of 2020.
This
represents
a
decrease of 5.5%
versus 2019, when the company's sales were C$45.29 billion.
Contributing to the drop in overall sales was the 25.9% decline
in Canadian Banking, from C$13.89 billion to C$10.30 billion.
There were also decreases in sales in
International Banking (down 19.9% to C$10.81 billion)
.
However, these declines were partially offset by the increase in sales of
Global Banking and Markets (up 20.1% to C$5.38 billion)
.