Scotiabank reports strong revenue growth and first quarter earnings of $988 million

Scotiabank reports strong revenue growth and first quarter earnings of $988 million
First quarter financial measures compared to the same period a year ago: – Earnings per share (diluted) of $0.91, compared to $0.80 – Net income of $988 million, versus $842 million – Return on equity of 17.4%, compared to 16.2% – Productivity ratio of 50.5%, versus 58.7% Year-to-date performance versus our 2010 financial and operational objectives was as follows: Targets: 1. Earn a return on …

Read more on PR Newswire via Yahoo! Finance

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