2006 Financial Overview and 2007 Priorities
Scotiabank
Three growth platforms
Each greater than $1 billion in earnings
net income available to common shareholders, $ millions
1,253
1,279
Domestic
2005 2006
1,054
1,047
915
800
International
Scotia Capital
Domestic: Strong asset and deposit growth offset by compression in the margin, primarily due
to higher funding costs. Solid results in wealth management, small business and
commercial banking
International: Record net income driven by positive earnings impact of acquisitions (Peru,
Costa Rica) and strong organic earnings and asset growth across entire division.
Scotia Capital: Record net income and ROE due in large part to strong capital markets
performance and solid growth in corporate lending.
Scotiabank
Strong market share gains in Canada &
significant growth in new customers
Year-over-Year
Increase
Residential Mortgages
+136 basis points
Total Personal Lending
+82 basis points
Personal Term Deposits
+78 basis points
Total Personal Deposits
+48 basis points
Domestic Banking: +180,000 new customers in 2006
International Banking: +1.7 million new customers in 2006
Domestic market share figures as at September 2006 6View entire presentation