August 26, 2014 / 10:26 AM / in 3 years

Bank of Nova Scotia reports higher profit, boosts dividend

TORONTO, Aug 26 (Reuters) - Bank of Nova Scotia reported a higher quarterly profit on Tuesday, helped by strength at its wealth management and insurance businesses, and raised its dividend.

Scotiabank, Canada’s No. 3 bank, earned C$2.4 billion ($2.19 billion), or C$1.85 a share, in the third quarter ended July 31, up from C$1.7 billion, or C$1.36 a share, a year earlier.

Excluding notable gains and non-recurring items, the bank said it had earned C$1.40 a share. Analysts had expected C$1.41.

1 US dollar = 1.0972 Canadian dollar Reporting by Jeffrey Hodgson; Editing by Lisa Von Ahn

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below