Performance Review Q3
€
Scotiabank
...driven by higher margins
Increase
Q3/01
vs. Q2/01 vs. Q3/00
Net interest margin
2.43%
+9 bps
+6 bps
Increase due to:
Inverlat
Lower funding costs
Non-accrual loans
73
152
Securities income
Other
2
9 bps
2
-
(5)
1
6 bps
11
...and broad-based growth in other income
Scotiabank
Change
$ millions
Reported
Q3/01 Q3/00
1,054
$
%
990
64
6%
Inverlat
(66)
(66)
Tax settlement - refund interest
(82)
(82)
Net gain on investment securities
(5)
(94)
89
Gain on sale of stock transfer
business/Solidbank
(82)
901
814
88
82
87
11%
■ Comprised of:
Trading & other investment banking
Underwriting & other commissions
Deposit & payment services
Credit fees
Retail & discount brokerage
Other
63
51
34
44
23
15
(16)
(10)
(15)
(18)
(2) (1)
87
11%
12View entire presentation