Scotiabank Earnings Report
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Core Banking Margin (TEB)1
2.37% 2.33% 2.35%
2.26%
2.25%
Q4/11 Q1/12 Q2/12 Q3/12
Q4/12
.
Quarter-over-Quarter
Lower volumes of DWBs: +4 bps
Lower spreads in Canadian currency
portfolio: -2 bps
(1) Represents net interest income (TEB) as a % of average earning assets excluding bankers acceptances and total average
assets relating to the Global Capital Markets business within Global Banking and Markets.
Scotiabank
Canadian Banking: Steady Asset & Deposit Growth
Revenues (TEB)
($ millions)
1,620
1,601
1,512
444
395
349
1,163
1,176
1,206
Q4/11
Q3/12
Q4/12
Year-over-Year
Retail & Small Business
+ Strong mortgage and personal loan growth
+ Significant growth in credit cards and
chequing accounts
Commercial Banking
+ Strong asset growth in commercial and
auto lending
+ Higher credit fees
Quarter-over-Quarter
Retail & Small Business
+ Solid growth in retail mortgages and
savings accounts
Commercial Banking
- Gain from the sale of a leasing business
in Q3/12
â– Commercial Banking
Retail & Small Business
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