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Notes from Scotiabank’s 2025 Q2 earning report
– moneysense.ca
The Bank of Nova Scotia (TSE: BNS) reported second-quarter net income of $2.03 billion, down from $2.09 billion a year earlier as it put aside more money for bad loans. The bank also raised its quarterly dividend Tuesday to $1.10 per share, up from $1.06 per share.
The increased payment to shareholders came as Scotiabank says its profit amounted to $1.48 per diluted share for the quarter ended April 30, compared with a profit of $1.57 per diluted share in the same quarter last year.
Bank of Nova Scotia
Net income: $2.03 billion
Q2 profit: $1.48 per diluted share
Source Google
Revenue totalled $9.08 billion, up from $8.35 billion, while the bank’s provision for credit losses for the quarter amounted to $1.40 billion, up from $1.01 billion a year ago. On an adjusted basis, Scotiabank says it earned $1.52 per diluted share, down from an adjusted profit of $1.58 per diluted share a year earlier. Analysts on average had expected an adjusted profit of $1.56 per share, according to data provided by LSEG Data & Analytics…
EV rebates in Canada
– moneysense.ca
A lot of car buyers are excited about electric vehicles (EVs). They’re less excited about EVs’ relatively higher prices. Canada’s EV rebates can make buying a new electric car, van or truck more affordable—including our picks for the best EVs in Canada. You can find rebates and incentives for EVs and for EV charger installation. (And, since you’re checking costs, see how much it would cost to insure a new EV.)
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