Scotiabank First Quarter Press Release 2023
Financial Highlights
Reported Results
(Unaudited)($ millions)
Net interest income
Non-interest income
For the three months ended
January 31
October 31
January 31
2023
2022
2022
$
4,569 $
4,622 $
4,344
3,411
3,004
3,705
Total revenue
7,980
7,626
8,049
Provision for credit losses
638
529
222
Non-interest expenses
4,464
4,529
4,223
Income tax expense
1,106
475
864
Net income
tA
$
1,772 $
2,093 $
2,740
Net income attributable to non-controlling interests in subsidiaries
40
38
88
Net income attributable to equity holders of the Bank
$
1,732 $
2,055 $
2,652
Preferred shareholders and other equity instrument holders
101
106
44
Common shareholders
Earnings per common share (in dollars)
Basic
Diluted
$
1,631 $
1,949 $
2,608
$
1.37 $
1.64 $
2.15
$
1.36 $
1.63
$
2.14
2 Scotiabank First Quarter Press Release 2023View entire presentation