Financial Advisor
Maple Financial Holdings, Inc.
M&A Advisory
Has Agreed To Be Acquired By
Transaction Details
On May 29, 2026, Scotiabank announced that it entered into a definitive agreement to acquire Maple Financial Holdings, Inc. (parent company to MapleMark Bank). MapleMark Bank is a U.S. commercial bank with operations primarily in Dallas, Texas.
With assets of approximately $1.5 trillion(1) (as of April 30, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).
“Our acquisition of MapleMark Bank allows Scotiabank to offer FDIC deposit insurance to our clients, which is important for our Mortgage Capital Markets business and our deposit growth strategy. MapleMark Bank is a well-run bank primarily operating in Dallas, Texas and further supports our strategic focus within the North American corridor,” said Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank.
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Note: LTM = Last twelve months, ROAA = Return on average assets, MRQ = Most recent quarter, NPAs = Nonperforming assets
1) In Canadian Dollars
2) Bank-level data shown; dollar amounts shown in U.S. Dollars; data as of and for the quarter ended March 31, 2026
Source: Scotiabank press release, S&P Capital IQ ProThis material has been prepared solely for informational purposes as of its stated date. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this material. All information and data included in this material has been sourced from company announcements and other sources cited in this material, but Stephens has not independently verified such information and does not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of this material. Stephens does not undertake to advise you of any changes in any such information. Additional information is available upon request.
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