Canada's Scotiabank posts higher quarterly profit as interest income rises
24/02/2026 11:17
Feb 24 (Reuters) - Bank of Nova Scotia BNS.TO reported a rise in first-quarter profit on Tuesday, helped by higher interest income as Canada's economy continues to hold up in the face of prolonged trade friction with the United States. The Canadian lender posted an adjusted profit of C$2.70 billion ($1.97 billion), or C$2.05 per share, for the quarter ended January 31, compared with C$2.36 billion, or C$1.76 per share, a year earlier. ($1 = 1.3705 Canadian dollars) (Reporting by Ateev Bhandari in Bengaluru; Editing by Shilpi Majumdar) ((Ateev.Bhandari@thomsonreuters.com;))