Scotiabank Earnings Update
Scotiabank
Revenues (TEB)
($ millions)
Domestic Banking
Good Revenue Growth
1,543
1,412
1,455
1,471 1,472
1,023
953
984
980
977
237
255
282
288
283
222
216
209
207
237
Q3/06
Q4/06 Q1/07 Q2/07
Q3/07
Retail & Small Business
Wealth Management
â– Commercial Banking/Other
Revenues up 9% yr/yr
Retail & Small Business +7%
+ strong asset and deposit growth
lower margin mainly due to change in
mix and higher funding costs
Wealth Management + 19%
+ retail brokerage up 15%
+ mutual funds fees up 34%
+ Private Client Group up 12%
Commercial + 7%
+ strong loan and deposit growth
Revenues up 5% qtr/qtr
+ longer quarter
+ asset and deposit growth
17
Scotiabank
International Banking
Rob Pitfield
Executive Vice President
International Banking
18View entire presentation