TORONTO – The Bank of Nova Scotia reported a third-quarter profit of $2.53 billion, up from $1.91 billion a year ago.
The bank says the profit amounted to $1.84 per diluted share for the quarter ended July 31, up from $1.41 per diluted share in the same period a year ago.
Revenue totalled $9.49 billion for the quarter, up from $8.36 billion in the same quarter last year.
Scotiabank’s provision for credit losses for the quarter amounted to $1.04 billion, down from $1.05 billion a year earlier.
On an adjusted basis, Scotiabank says it earned $1.88 per diluted share in its latest quarter compared with an adjusted profit of $1.63 a year earlier.
The average analyst estimate had been for a profit of $1.73 per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Aug. 26, 2025.
Companies in this story: (TSX:BNS)
