Scotiabank Financial Performance Update
Scotiabank
Solid contributions from all business lines
net income available to common shareholders, $ millions
319
319
296
Domestic
Q3/05 Q2/06 Q3/06
285
278
276
268
234
International
200
Scotia Capital
■ Domestic: Solid results due to significant growth in retail and commercial lending and
and business deposits as well as higher transaction-based revenue.
■ International: Strong underlying asset growth across the division, led by Mexico, which saw
significant increases in retail and commercial lending. Solid contribution from Peru and other
recent acquisitions.
■ Scotia Capital: Underlying growth in loan portfolio; also benefited from loan loss and interest
recoveries, and securities gains, which more than offset a drop in trading revenues.
5
Scotiabank
Expect to achieve upper range of 2006
financial performance objectives
ROE
2006 YTD
Objective
22.5% VS. 18-22%
EPS Growth
13%
VS.
5-10%
Productivity
54.7% VS.
<58%
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