Brief: Scotiabank exec says not actively participating in resort financing so not concerned in specific Mexico exposures - Conference Call
24/02/2026 13:51
Feb 24 (Reuters) - Bank of Nova Scotia BNS.TO: SCOTIABANK CEO SCOTT THOMSON SAYS US COMPRISES ABOUT HALF OF GLOBAL BANKING AND MARKETS SEGMENT EARNINGS; EXPECTS THE SHARE TO INCREASE OVER TIME - CONF. CALL SCOTIABANK EXEC SAYS EXPECT OPERATING ENVIRONMENT WILL CONTINUE TO REFLECT ONGOING CHALLENGES, WITH IMPAIRED PCLS REMAINING ELEVATED IN THE NEAR TERM SCOTIABANK EXEC SAYS WE ARE NOT SEEING ANY SYSTEMIC OR TRADE RELATED ISSUES ACROSS CANADIAN BANKING SCOTIABANK EXEC SAYS SEEING IMPROVEMENT IN EARLY STAGE DELINQUENCY INDICATORS ACROSS UNSECURED LENDING SCOTIABANK EXEC SAYS ROE TRACKING AHEAD OF INVESTOR DAY EXPECTATIONS; EXPECTS TO ACHIEVE MEDIUM TERM TARGET ONE YEAR AHEAD OF PLAN SCOTIABANK CEO ON MEXICO SAYS WE'VE SEEN A MUCH MORE STABLE ENVIRONMENT, THIS MORNING THAN WE DID YESTERDAY; BRANCHES ARE OPEN SCOTIABANK CEO ON MEXICO SAYS DONT SEE A HUGE IMPACT OR ANY IMPACT ON FINANCIAL PERFORMANCE SCOTIABANK EXEC SAYS NOT ACTIVELY PARTICIPATING IN RESORT FINANCING SO NOT CONCERNED IN SPECIFIC MEXICO EXPOSURES Source text: [ID:] Further company coverage: BNS.TO ((Reuters.Briefs@thomsonreuters.com;))