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Scotiabank Commenting On Expected Contribution From KeyCorp's Third Quarter Earnings
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Scotiabank Commenting On Expected Contribution From KeyCorp's Third Quarter Earnings
Oct 17, 2025 6:23 AM

08:59 AM EDT, 10/17/2025 (MT Newswires) -- Scotiabank (BNS.TO, BNS), one of Canada big six banks, and trading near 52 week highs in both Canada and the United States, on Friday said it expects net income contribution from its ownership interest in KeyCorp will be approximately C$74 million in Q4 2025.

A statement noted this contribution represents the bank's share of KeyCorp's Q3 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$8 million, the bank added its adjusted net income contribution from KeyCorp will be approximately C$82 million. Scotiabank will release its fourth quarter financial results and host an earnings conference call on December 2, 2025.

BNS was down 0.75% in Canada trade yesterday.

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