March 6, 2012 / 12:47 PM / 6 years ago

Scotiabank profit rises on higher trading revenue

March 6 (Reuters) - Bank of Nova Scotia’s first-quarter profit rose 15 percent, mainly helped by stronger trading revenue.

Canada’s No. 3 bank, commonly known as Scotiabank, posted a net income of C$1.44 billion, or C$1.20 a share, up from C$1.25 billion, or C$1.08 a share, a year ago.

Total revenue, on a taxable equivalent basis, rose 11 percent to C$4.72 billion.

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