November 28, 2017 / 11:21 AM / a year ago

Canada's Scotiabank fourth-quarter earnings up 4 percent

FILE PHOTO: A woman leaves a Bank of Nova Scotia (Scotiabank) branch in Ottawa, Ontario, Canada, on May 31, 2016. REUTERS/Chris Wattie/File Photo

TORONTO (Reuters) - Bank of Nova Scotia (BNS.TO), Canada’s third-biggest lender, on Tuesday said its earnings increased by 4 percent in the fourth quarter, benefiting from strong performances by each of its businesses.

Scotiabank reported earnings per share of C$1.64 in the quarter, up from C$1.57 a year ago. Analysts had on average forecast earnings of C$1.66 per share, Thomson Reuters I/B/E/S data showed.

Reporting by Matt Scuffham; editing by Jason Neely

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