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Scotiabank profit falls on weakness in Canadian banking unit

ReutersMay 27, 2025 10:06 AM

- Canadian lender Bank of Nova Scotia BNS.TO reported a fall in second-quarter profit on Tuesday, due to weakness in its Canadian banking unit.

On an adjusted basis, it reported a profit of C$2.07 billion ($1.50 billion), or C$1.52 per share, for the quarter ended April 30, compared with C$2.1 billion, or C$1.58 per share, in the year-ago period.

($1 = 1.3760 Canadian dollars)

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