Scotiabank Canadian Legislative Covered Bonds Presentation
Why Invest in Scotiabank?
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A unique, stable, straightforward and successful bank model
Diversified by business and geography providing long-term sustainable earnings
Approximately 80% of earnings from stable retail, commercial and wealth
management businesses
Strong risk management culture in Canada, with the growth potential of International
Clearly defined strategy and well positioned for growth
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Focused on organic growth across business lines, with the potential for select tuck-in
acquisitions across existing markets that make the Bank better
Significant potential for synergies across a clearly defined restructuring program and
digital initiatives, including Tangerine
The Bank has significant history in Latin America which is expected to provide better
and more attractive growth prospects over the long-term
Attractive valuation on a P/E and P/B basis
Strong track record of delivering consistent earnings and dividend growth
Dividend yield in the mid-single digits and dividend has never been cut
Mid-teens ROEs and strong capital levels
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