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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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18 Articles

Winnipeg Free PressWinnipeg Free Press
+12 Reposted by 12 other sources
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Scotiabank reports $2.53B third-quarter net income, up from $1.91B a year ago

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, August 26, 2025.
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