Inventory information for traders: Fourth-quarter earnings roll in from Canada’s huge banks

Income totalled $9.80 billion, up from $8.53 billion in the identical quarter final yr. The financial institution’s provision for credit score losses amounted to $1.11 billion for the quarter, up from $1.03 billion a yr in the past.

On an adjusted foundation, Scotiabank says it earned $1.93 per diluted share in its newest quarter, up from an adjusted revenue of $1.57 per diluted share a yr in the past. Analysts on common had anticipated an adjusted revenue of $1.84, in accordance with estimates compiled by LSEG Information & Analytics.

Scotiabank chief government Scott Thomson stated 2025 was a really constructive yr for the financial institution. “We delivered bettering outcomes by way of the yr as we strengthened our steadiness sheet, improved our loan-to-deposit ratio, and elevated return on fairness,” Thomson stated in a press release. “This quarter all our enterprise strains reported year-over-year earnings development with specific power in world wealth administration and world banking and markets and bettering ends in Canadian banking.”

The financial institution’s world wealth administration enterprise earned $447 million in internet earnings attributable to fairness holders, up from $380 million in the identical quarter final yr, whereas its world banking and markets enterprise earned $519 million for the quarter, up from $347 million a yr in the past.

Scotiabank’s Canadian banking operations earned $941 million in its newest quarter, up from $934 million in the identical quarter final yr. In the meantime, Scotiabank’s worldwide banking arm earned $634 million in internet earnings attributable to fairness holders of the financial institution for the quarter, up from $600 million a yr in the past.

Nationwide Financial institution experiences $1.06B fourth-quarter revenue, raises dividend

Nationwide Financial institution of Canada raised its dividend because it reported a fourth-quarter revenue of $1.06 billion. The financial institution stated Wednesday it can now pay a quarterly dividend of $1.24 per share, a rise of six cents.

Nationwide Financial institution, which introduced Tuesday that it was shopping for Laurentian Financial institution’s retail and small enterprise segments, says its fourth-quarter revenue amounted to $2.57 per diluted share, in contrast with internet earnings of $955 million or $2.66 per diluted share a yr in the past when it had fewer shares excellent.

Income for the quarter ended Oct. 31 totalled $3.70 billion, up from $2.94 billion a yr earlier.

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The financial institution’s provisions for credit score losses amounted to $244 million, up from $162 million in the identical quarter final yr. On an adjusted foundation, Nationwide Financial institution says it earned $2.82 per diluted share in its newest quarter, up from an adjusted revenue of $2.58 per diluted share in the identical quarter final yr. Analysts on common had anticipated an adjusted revenue of $2.62 per share, in accordance with estimates compiled by LSEG Information & Analytics.

“With our strengthened nationwide presence, diversified enterprise combine, robust capital ratios and prudent credit score profile, we’re well-positioned to generate continued development and superior returns, in what is going to stay a fancy macro-environment,” Nationwide Financial institution chief government Laurent Ferreira stated in a press release.

The financial institution stated its private and industrial banking group earned $319 million in its newest quarter, down from $327 million a yr in the past, because it was hit by prices associated to the acquisition of Canadian Western Financial institution.

Nationwide Financial institution’s wealth administration enterprise earned $258 million, up from $219 million, whereas its capital markets arm earned $432 million, up from $306 million.

Nationwide Financial institution’s U.S. specialty finance and worldwide operations earned $174 million, up from $157 million in the identical quarter final yr.

RBC posts document This fall revenue however CEO raises issues about uneven financial restoration

Royal Financial institution of Canada handily beat analyst expectations because it reported document fourth-quarter outcomes that confirmed rising income throughout most divisions.

The financial institution stated Wednesday it made a revenue of $5.43 billion within the quarter ending Oct. 31, up from a revenue of $4.22 billion a yr in the past, as capital markets, wealth administration and private and industrial banking all noticed increased returns, offset by decrease ends in insurance coverage. The outcomes helped lead RBC to extend its quarterly dividend to $1.64 per share, up from $1.54 per share.

The financial institution sees continued power forward, elevating its return-on-equity goal to 17 per cent, up from 16 per cent.