February 26, 2019 / 10:44 AM / 7 months ago

Scotiabank profit falls 5.1 percent

Feb 26 (Reuters) - Bank of Nova Scotia, Canada’s third-biggest lender, reported a 5.1 percent fall in adjusted first-quarter profit on Tuesday, due to higher noninterest expenses.

Scotiabank reported adjusted net profit attributable to shareholders of C$2.15 billion ($1.63 billion), or C$1.75 per share, in the quarter ended Jan. 31, compared with C$2.26 billion, or C$1.87 per share, a year ago. reut.rs/2Nuxg0L

Analysts on average had expected a profit of C$1.82, according to IBES data from Refinitiv. It was not immediately clear if the numbers were comparable. ($1 = 1.3205 Canadian dollars) (Reporting by Aparajita Saxena and Matt Scuffham; Editing by James Emmanuel)

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