Scotiabank Quarterly Performance Review
Scotiabank
$ millions
Domestic Banking
%
◉
Net income*
--ROE
350
50
45
300
40
250
35
30
200
25
150
20
15
100
10
50
50
5
◉
0
0
Q3/04
Q2/05
Q3/05
* net income available to common shareholders
17
Net income of $319 million
up 13% yr/yr, 14% qtr/qtr
ROE of 31.2%
Revenues up 5% yr/yr and qtr/qtr
Expenses well controlled
- 2% increase yr/yr
1% increase qtr/qtr
Credit quality remains strong
- lower provisions yr/yr, qtr/qtr
- improvement in commercial
Scotiabank
Domestic - strong retail asset growth
$ millions
Year/Year
◉
Net-interest income Non-interest income
Strong retail asset growth
■
1,400
Retail market share gains: 13 bps
1,200
•
1,000
800
600
400
200
0
"
Higher fees in several areas:
-full-service brokerage
· mutual funds
cards
Qtr/Qtr
Revenue up 5%
3 more days in quarter
Q3/04
Q2/05
Q3/05
■
Retail asset growth
18View entire presentation