The Bank of Nova Scotia (BNS.TO,BNS) reported third quarter net income of C$2.5 billion compared to C$1.9 billion, last year. Diluted earnings per share was C$1.84, compared to C$1.41. Adjusted net income was C$2.5 billion and adjusted diluted EPS was C$1.88, up from C$1.63 last year. Total revenue increased to C$9.49 billion compared to C$8.36 billion.
Scott Thomson, President and CEO of Scotiabank, said: "We reported improving revenue growth which helped drive another quarter of positive operating leverage and pushed our return on equity meaningfully higher compared to the prior year. We did this all while maintaining a strong balance sheet and buying back shares."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.