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Scotiabank Commented on Expected Contribution from KeyCorp's Second Quarter Earnings
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Scotiabank Commented on Expected Contribution from KeyCorp's Second Quarter Earnings
Jul 23, 2025 6:50 AM

09:24 AM EDT, 07/23/2025 (MT Newswires) -- Scotiabank (BNS.TO, BNS) said Wednesday the expected net income contribution from its ownership interest in KeyCorp will be approximately C$61 million in Q3 2025.

A statement noted this contribution represents the bank's share of KeyCorp's Q2 2025 net income, includes acquisition-related and other accounting impacts, is net of the bank's associated funding costs and is reported on a one-month lag.

Adjusting for the amortization of acquired intangible assets of approximately C$7 million, the bank's adjusted net income contribution from KeyCorp will be approximately C$68 million.

Scotiabank will release its third quarter financial results and host an earnings conference call on August 26, 2025.

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