Financial ServicesCompany
Scotia Bank M&A Summary
Scotia Bank has acquired 8 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 3 assets.
Scotia Bank’s largest acquisition to date was in 2012, when it acquired ING Bank of Canada for $2.4B. It’s largest disclosed sale occurred in 2019, when it sold The Bank of Nova Scotia - Puerto Rico and US Virgin Islands Operations to OFG Bancorp for $560M. Scotia Bank has acquired in 1 US state, and 5 countries. The Company’s most targeted sectors include financial services (86%) and internet software and services (15%).
Scotia Bank Business Overview
Where is Scotia Bank headquartered?
Scotia Bank is headquartered in Toronto, Ontario.
What is Scotia Bank’s revenue?
Scotia Bank disclosed revenue of 31,787M CAD for 2023 and 31,509M CAD for 2022.
How many employees does Scotia Bank have?
Scotia Bank has 89,090 employees.
What sector is Scotia Bank in?
Scotia Bank is a financial services company.
When was Scotia Bank founded?
Scotia Bank was founded in 1832.
M&A Summary
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M&A Total Activity10
- M&A Buy Activity7
- M&A Sell Activity3
- Total Sectors Invested 2
- Total Countries Invested 5
- M&A Buy/Sell Connections 9
- M&A Advisors 3
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