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Scotiabank Logs Record-Quarter Profit as Capital Markets Results Beat Estimates

Scotiabank logoScotiabank
Sig2.35Sen+6.15Env0.00Soc0.00Gov0.00

Bank of Nova Scotia reported record quarterly earnings, with adjusted EPS of $2.28 beating analysts’ expectations of about $2.10. Results were supported by stronger-than-expected performance from its capital markets unit amid elevated volatility, lifting adjusted ROE to 14.2% and driving notable share gains in Toronto and New York.

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