Scotiabank Beats The Odds: Solid Revenue Growth & Capital Strength Highlight Q2 Earnings
Scotiabank Beats The Odds: Solid Revenue Growth & Capital Strength Highlight Q2 Earnings
Bank of Nova Scotia (NYSE:BNS) reported second-quarter fiscal 2024 revenue growth of 5.5% year-over-year to C$8.347 billion, beating the consensus of C$8.256 billion.
新斯科舍銀行（紐約證券交易所代碼：BNS）報告稱，2024財年第二季度收入同比增長5.5％，達到83.47億加元，超過市場預期的82.56億加元。
For the quarter, net interest income was C$4.694 billion, and non-interest income was $3.653 billion.
本季度的淨利息收入爲46.94億加元，非利息收入爲36.53億加元。
Adjusted EPS of C$1.58 declined from C$1.69 a year ago and above the consensus of C$1.56.
調整後的每股收益爲1.58加元，低於去年同期的1.69加元，高於預期的1.56加元。
BNS reported a Common Equity Tier 1 (CET1) capital ratio of 13.2%, up from 12.3% last year.
BNS報告稱，普通股一級股本（CET1）的資本比率爲13.2％，高於去年的12.3％。
Canadian Banking's net income declined 4% year over year to C$1.01 billion, with revenue growth outpacing expenses, leading to positive operating leverage. Credit loss provisions rose, and deposits increased by 7% year over year.
加拿大銀行業的淨收入同比下降4％，至10.1億加元，收入增長超過支出，帶來了正的運營槓桿率。信貸損失準備金增加，存款同比增長7％。
International Banking's adjusted net income rose C$33 million YoY, driven by higher net interest income and the positive impact of foreign currency translation.
受淨利息收入增加和外幣折算的積極影響的推動，國際銀行調整後的淨收入同比增長3,300萬加元。
Global Wealth Management's adjusted net income increased 8% Y/Y to C$387 million, reflecting higher mutual fund fees and brokerage revenues.
全球财富管理調整後的淨收入同比增長8％，至3.87億加元，反映了共同基金費用和經紀收入的增加。
Global Banking and Markets earnings stood at C$428 million, up 7% YoY, reflecting higher fee-based revenue and lower provision for credit losses.
全球銀行和市場收益爲4.28億加元，同比增長7％，這反映了收費收入的增加和信貸損失準備金的減少。
The provision for credit losses stood at C$1.007 billion vs. C$709 million a year ago, and the ratio increased from 17 basis points to 54 basis points.
信貸損失準備金爲10.07億加元，去年同期爲7.09億加元，該比率從17個點子增加到54個點子。
Gross impaired loans increased to C$6.399 billion as at April 30, from C$6.119 billion last quarter, reflecting new formations in the International retail portfolios, mainly Chile and Mexico, and International commercial.
減值貸款總額從上個季度的61.19億加元增至截至4月30日的63.99億加元，這反映了國際零售投資組合（主要是智利和墨西哥）以及國際商業投資組合的新形成。
Adjusted return on equity stood at 11.3% vs. 12.3% the prior year.
調整後的股本回報率爲11.3％，去年同期爲12.3％。
"The Bank delivered solid results this quarter against a backdrop of ongoing macroeconomic uncertainty, reporting positive operating leverage driven by revenue growth and continued expense discipline. We are executing on our commitment to balanced growth as our deposit momentum continues, while maintaining strong capital and liquidity metrics," commented Scott Thomson, President and CEO of Scotiabank.
“在宏觀經濟持續不確定性的背景下，該銀行本季度取得了穩健的業績，報告了收入增長和持續支出紀律推動的正運營槓桿率。隨着存款勢頭的繼續，我們正在履行平衡增長的承諾，同時保持強勁的資本和流動性指標。” 豐業銀行總裁兼首席執行官斯科特·湯姆森評論道。
Price Action: BNS shares are trading higher by 1.51% at $48.50 premarket at the last check Tuesday.
價格走勢：在週二的最後一次檢查中，BNS股票盤前交易價格上漲1.51％，至48.50美元。
Image: Unsplash/ Alexander Grey
圖片：Unsplash/亞歷山大·格雷
譯文內容由第三人軟體翻譯。