Scotiabank Reports $2.53B Third-Quarter Net Income, up From $1.91B a Year Ago
Scotiabank's third-quarter net income rose 32% to $2.53 billion, driven by revenue growth, capital markets, and wealth management gains, with credit loss provisions slightly reduced.
- Scotiabank reported a third-quarter net income of $2.53 billion, up from $1.91 billion a year ago.
- The bank's profit amounted to $1.84 per diluted share for the quarter ended July 31, compared to $1.41 per diluted share in the same period last year.
- Scotiabank CEO Scott Thomson stated that improving revenue growth helped drive positive operating leverage and pushed the bank's return on equity higher compared to the prior year.
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Scotiabank reports $2.53B third-quarter net income, up from $1.91B a year ago (Business)
The Bank of Nova Scotia reported a third-quarter profit of $2.53 billion, up from $1.91 billion a year ago. The bank says the profit amounted to $1.84 per diluted share for the quarter ended July 31, up from $1.41 per diluted share in the same period a year ago. Revenue totalled $9.49 billion for th...

Scotiabank reports $2.53B third-quarter net income, up from $1.91B a year ago
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Scotiabank Grows Q3 2025 Profit 32% As Credit Provisions Ease
Scotiabank (TSX: BNS) posted Q3 2025 net income of $2.53 billion, up 32% year over year from last year’s $1.91 billion, as diluted EPS increased to $1.84 from $1.41. The bank had a bright topline with total revenue climbing 13% to $9.49 billion from $8.36 billion. Breaking it down, net interest income rose 13% to $5.49 billion, while non-interest income grew 14% to $3.99 billion. Provision for credit losses were $1.04 billion, down 26% sequentia…
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