Scotiabank reports higher Q4 profit on shrinking loan loss provisions-December 2024-www.financetom.com

Scotiabank reports higher Q4 profit on shrinking loan loss provisions

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Scotiabank reports higher Q4 profit on shrinking loan loss provisions

Dec 3, 2024 3:34 AM

Dec 3 (Reuters) - Canada's Bank of Nova Scotia ( BNS )

reported a higher fourth-quarter profit on Tuesday, as it set

aside a smaller amount in rainy-day funds and earned more from

interest.

The lender reported a profit of C$1.69 billion, or C$1.22

per share in the quarter ended Oct. 31, compared to C$1.35

billion, or 99 Canadian cents apiece in the year-ago period.

Previous page： Kanzhun Q2 Adjusted Earnings, Revenue Rise; Provides Q3 Revenue Outlook Next page： GoldMining Reports Additional Gold-Antimony Results in Historical Drilling at Crucero Project in Peru

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Kanzhun Q2 Adjusted Earnings, Revenue Rise; Provides Q3 Revenue Outlook

Aug 20, 2025

07:28 AM EDT, 08/20/2025 (MT Newswires) -- Kanzhun ( BZ ) reported Q2 adjusted earnings Wednesday of 2.09 renminbi ($0.29) per diluted American depositary share, up from 1.57 renminbi a year earlier. Analysts polled by FactSet expected 1.89 renminbi. Revenue for the quarter ended June 30 was 2.10 billion renminbi, compared with 1.92 billion renminbi a year earlier. Analysts surveyed...

GoldMining Reports Additional Gold-Antimony Results in Historical Drilling at Crucero Project in Peru

Aug 20, 2025

07:31 AM EDT, 08/20/2025 (MT Newswires) -- GoldMining ( GLDG ) reported Wednesday additional strong historical gold-antimony intercepts from its Crucero project in Peru. Highlights include 3.51 grams per tonne (g/t) of gold equivalent over 93 meters, comprising 1.08 g/t gold and 0.69% antimony. The results are part of the company's review of the project's historical drill database, confirming significant...

Dayforce Discussing Possible Acquisition by Thoma Bravo for US$70 per Share

Aug 20, 2025

07:23 AM EDT, 08/20/2025 (MT Newswires) -- Dayforce ( DAY ) up 2.3% in pre-market trading, on Wednesday said it is in advanced discussions with Thoma Bravo regarding its potential acquisition for US$70 per share. The company noted there are no assurances that an agreement for a transaction will be reached. Dayforce ( DAY ) shares are up US$1.50 to...

TJX raises annual profit forecast on strong demand

Aug 20, 2025

Aug 20 (Reuters) - TJX Cos ( TJX ) raised its annual profit forecast on Wednesday, betting on resilient demand at its off-price retail stores even as macroeconomic uncertainties loom. The TJ Maxx parent expects earnings per share for fiscal 2026 to be between $4.52 and $4.57, compared with its previous forecast of between $4.34 and $4.43. (Reporting by Neil...