Bank of Nova Scotia

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Bank of Nova Scotia Earnings: Strong Performance in Domestic Banking

Maoyuan Chen

May 27, 2026

Bank of Nova Scotia reported strong fiscal second-quarter results, with adjusted net income growing 29% year over year, excluding divested businesses. The results translated into an adjusted return on equity of 13.2%, up 270 basis points year over year and below the medium-term target of 14%-plus.

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