It didn’t take long for Scotia (BNS) to deliver on its Q2 earnings M&A guidance…

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It would be nice to get some FDIC insurance. And so if we could find something small to help that mortgage capital markets business.

Scott Thompson (CEO) - BNS Q2’26 call

… with the bank taking aim at Dallas-based MapleMark, enabling it to offer FDIC insurance to clients of its mortgage capital markets business…

… which is ramping up south of the border. Should the bank be able to execute, the segment represents a capital-light growth lever that could help BNS close the valuation gap to its peer group.

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