This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Bank Of Nova Scotia's CEO Discusses F3Q12 Results - Earnings Call Transcript

Stocks in this article: BNS

The Bank of Nova Scotia (BNS)

F3Q12 Earnings Call

August 28, 2012 3:15 p.m. ET


Rick Waugh - President and Chief Executive Officer

Sean McGuckin – Executive Vice President and Chief Financial Officer

Rob Pitfield - Group Head and Chief Risk Officer

Anatol von Hahn - Group Head, Canadian banking

Brian Porter - Group Head, International banking

Chris Hodgson - Group Head, Global Wealth Management

Mike Durland - Group Head, Global Capital Markets & Co-CEO, Global banking & Markets

Stephen Hart - Executive Vice-President, Chief Credit Officer


Cheryl Pate - Morgan Stanley

Steve Theriault - Bank of America Merrill Lynch

Gabriel Dechaine - Credit Suisse

Rob Sedran - CIBC World Markets

Peter Routledge - National bank Financial

Brad Smith - Stonecap Capital

Michael Goldberg - Desjardins Securities

John Reucassel - BMO Capital Markets

Mario Mendonca - Canaccord Genuity

Sumit Malhotra - Macquarie Capital Markets


Sean McGuckin

Good afternoon and welcome to the presentation of Scotiabank’s third quarter results. I am Sean McGuckin, Chief Financial Officer. Rick Waugh, our CEO will lead off with the highlights of the third quarter. Next, I will go over the third quarter financial results including a review of business line performance. Rob Pitfield, our Chief Risk Officer, will then discuss credit quality and market risk. Rob will be followed by our business line heads, each of whom will provide an outlook for their business for the remainder of 2012. We will then be glad to take your questions.

Before we start, I would like to refer you to slide number two of our presentation which contains Scotiabank’s caution regarding forward-looking statements. Rick, over to you.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs