Bank of Nova Scotia

Latest Results (19.10.2025):

The Bank of Nova Scotia reported strong financial results for the third quarter of 2025, demonstrating significant growth in net income, earnings per share, and return on equity compared to the same period last year. The bank's performance across various business segments also contributed to its robust earnings and solid capital position.

Net Income and Earnings Per Share

In Q3 2025, Scotiabank achieved a net income of $2,527 million, up from $1,912 million in Q3 2024. Diluted earnings per share increased to $1.84, compared to $1.41 in the same quarter last year, reflecting strong profitability and effective cost management.

Return on Equity

The bank's return on equity improved to 12.2% in Q3 2025, up from 9.8% in Q3 2024. This increase highlights Scotiabank's enhanced efficiency in generating profits from its shareholders' equity.

Adjusted Financial Metrics

Adjusted net income for the third quarter was $2,518 million, compared to $2,191 million in the previous year. Adjusted diluted EPS rose to $1.88 from $1.63, and adjusted return on equity reached 12.4%, up from 11.3% a year ago, underscoring the bank's consistent financial performance.

Business Segment Performance

Scotiabank's International Banking segment delivered adjusted earnings of $716 million, a 7% increase year-over-year. Global Wealth Management reported adjusted earnings of $427 million, up 13% compared to the same period last year. Additionally, the Global Banking and Markets segment saw earnings rise by 29% to $473 million, driven by strong capital markets performance and higher fee revenues.

Capital Position

The Bank of Nova Scotia maintained a solid capital position with a Common Equity Tier 1 (CET1) capital ratio of 13.3%, ensuring financial stability and regulatory compliance.