The bank saw significant improvements in profitability, driven by strong performance across all business lines, particularly in Global Wealth Management and Global Banking and Markets.
Net income rose to 2206000000 CAD from 1689000000 CAD in Q4 2024.
Diluted EPS increased to 1.65 CAD, with adjusted EPS at 1.93 CAD.
Revenue grew 15% YoY to 9803000000 CAD, driven by both interest and non-interest income.
All business lines posted year-over-year earnings growth.
Scotiabank enters FY26 with momentum, aiming to deliver on medium-term objectives focused on ROE, client acquisition, and cost efficiencies.
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