The Bank Of Nova Scotia (BNS,BNS.TO), a Canadian financial services provider, said on Wednesday that it expects a net profit contribution of around C$61 million for the third quarter from its ownership interest in KeyCorp (KEY).
Adjusting for the amortization of acquired intangible assets of around C$7 million, the lender anticipates to receive an adjusted income contribution of around C$68 million from KeyCorp for the same quarter.
Scotiabank will release its third-quarter earnings report on August 26.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.