Bank of Nova Scotia

BNS: XTSE (CAN)

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Bank of Nova Scotia Earnings: Canadian Provisioning a Drag on Results, Updating Fair Value Estimates

Maoyuan Chen

May 27, 2025

Bank of Nova Scotia reported slightly disappointing second-quarter results, mostly driven by a provisioning increase for the Canadian segment. Adjusted EPS was CAD 1.52, down 4% from a year ago. Note that the trajectory of the Canadian economy has heightened uncertainty due to tariffs.

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