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Earnings

Scotiabank Comments on Expected Contribution from KeyCorp's Fourth Quarter Earnings

By The Northwire Desk — AI Analysis Jan 21, 2026 · 08:30 BNS · 101.37 BANK OF NOVA SCOTIA (THE)
BNS · Price

Executive Summary

  • Scotiabank expects its ownership interest in KeyCorp to contribute approximately CAD $81 million to net income in Q1 2026 (reflecting KeyCorp’s Q4 2025 results).
  • After adjusting for amortization of acquired intangible assets (~CAD $8 million), the adjusted contribution rises to roughly CAD $89 million.
  • The bank will release its own first‑quarter financial results and host an earnings conference call on February 24, 2026.

Key Details

  • Expected net income contribution from KeyCorp (Q4 2025) = CAD $81 million (reported on a one‑month lag).
  • Adjusted contribution after intangible asset amortization (~CAD $8 million) = CAD $89 million.
  • Contribution is net of Scotiabank’s associated funding costs.
  • The figure includes acquisition‑related and other accounting impacts.
  • Upcoming release: Scotiabank Q1 2026 financial results and earnings conference call scheduled for February 24, 2026 (details to be announced closer to the date).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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