March 4, 2014 / 11:23 AM / 3 years ago

Scotiabank profit climbs on domestic lending, wealth

1 Min Read

TORONTO, March 4 (Reuters) - Bank of Nova Scotia said on Tuesday that its quarterly profit rose 6 percent on higher domestic lending and wealth management income, and it raised its quarterly dividend.

Net income for Scotiabank, Canada's No. 3 lender, was C$1.71 billion, or C$1.32 a share, in the first quarter ended Jan. 31, compared with C$1.61 billion, or C$1.24 a share, a year earlier.

The bank boosted its quarterly dividend by 2 Canadian cents, or 3.2 percent, to 64 Canadian cents a share.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below