Investor Presentation - First Quarter, 2007
Scotiabank
Strong revenue growth-up 14% vs. Q1/06
Revenues (TEB)
($ millions)
2,830
3,214
2,999
1,881
1,605
1,783
1,225
1,216
1,333
Q1/06
Q4/06
Q1/07
Scotiabank
☐ ☐
Net Interest Income (TEB)
Other Income
average balances
$ billions
Q1/07 vs. Q1/06 revenues: up 14%
■ Broad-based asset growth, in part from recent
acquisitions
■ Increased securities gains and higher
underwriting and brokerage fees
Partly offset by margin compression, lower
trading revenue
Q1/07 vs. Q4/06 revenues: up 7%
■ Volume growth in retail lending in Canada,
Mexico, Caribbean and Central America
Higher securities gains and increased revenues
from retail brokerage, cards, investment banking
and trading
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Strong asset growth
392
375
322
39
38
35
86
79
66
199
192
78
77
77
66
Q1/06
Q4/06
Q1/07
Residential mortgages
Personal Loans
Business & Government (includes acceptances)
Securities
Other
Year-over-year growth
Total Assets: + 21%
■ Residential mortgages: +19%
O Personal loans: +11%
■ Business & government: +30%
■ Securities: +26%
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