Scotiabank Q3 profit climbs, company lifts dividendStaff Writer | August 29, 2017
The Bank Of Nova Scotia or Scotiabank reported that third-quarter net income attributable to equity holders of the Bank was C$2.05 billion, higher than last year's C$1.90 billion.
Scotiabank Earnings per share were C$1.66
Total revenue increased to C$6.89 billion from prior year's C$6.64 billion. Net interest income grew to C$3.83 billion from last year's C$3.60 billion. Non-interest income edged up to C$3.061 billion from C$3.038 billion a year ago.
Return on equity was 14.8%, in line with last year.
Further, the company announced a quarterly dividend increase of 3 cents or 7% to 79 cents. ■