Bank Of Nova Scotia (TSE:BNS) has released an update.
Scotiabank has reported a second-quarter net income of $2,092 million, a slight decrease from $2,146 million the previous year, with adjusted earnings also seeing a modest decline. Despite a challenging macroeconomic environment, the Bank delivered solid results with notable revenue growth and disciplined expense control. The Bank also saw its Common Equity Tier 1 capital ratio improve to 13.2%, reinforcing its strong capital position.
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