{{ currentBoardShortName }}
  • Markets
  • Indices
  • FX
  • Energy
  • Metals
  • Live
Markets
As of: {{timeStamp.date}}
{{timeStamp.time}}

Markets

{{ currentBoardShortName }}
  • Markets
  • Indices
  • FX
  • Energy
  • Metals
  • Live
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}
{{data.symbol | reutersRICLabelFormat:group.RICS}}
 
{{data.netChng | number: 4 }}
{{data.netChng | number: 2 }}
{{data | displayCurrencySymbol}} {{data.price | number: 4 }}
{{data.price | number: 2 }}
  • BREAKING NEWS

    JANET YELLEN SAYS SHE'LL LEAVE U.S. FED ONCE POWELL IS SWORN IS AS CHAIRMAN

Latest Videos

{{ currentStream.Name }}

Related Video

Continuous Play:
ON OFF

The information you requested is not available at this time, please check back again soon.

Aug 29, 2017

Scotiabank tops estimates, boosts dividend

Core Canadian banking powers Scotia and BMO to Q3 beats

VIDEO SIGN OUT

Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

Bank of Nova Scotia (BNS.TO) narrowly edged past profit expectations on Tuesday and rewarded shareholders with a dividend sweetener.

Scotia earned $2.1 billion in its fiscal third-quarter, versus $1.96 billion a year ago. On a per share basis, Scotia earned $1.66. The average analyst estimate was $1.64 per share.

Profit in the bank's core Canadian banking division rose to $1.05 billion, thanks in part to gains from a sale of real estate assets.

The closely-watched international banking division posted a 16 per cent rise in profit to $614 million.

Meanwhile, Scotia managed to buck a trend in the banking sector by posting profit growth in its global banking and markets division.

The lender is also raising its quarterly dividend by three cents to 79 cents per share. 

"We are pleased with our results," Scotiabank CEO Brian Porter said in a press release.

"The strong performance of our underlying businesses, combined with high capital levels, will allow the Bank to continue making strategic investments, enhance our customer experience and drive sustainable results for our shareholders.”

 

WEIGH IN

poll image

What’s your main takeaway from the banks’ core Canadian profit growth?

    Total Results: 0