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18.10.2023 15:00:10 - dpa-AFX: Scotiabank Says Q4 Results To Be Impacted By Charges Of About C$0.49/share
OTTAWA (dpa-AFX) - Canadian lender Bank of Nova Scotia (BNS.TO, BNS), called
Scotiabank, announced Wednesday that its fourth quarter 2023 reported results
will be adjusted for certain notable items. This is expected to the Bank's CET1
ratio by about 10 basis points.
The total impact on the Bank's fourth quarter results will be about C$590
million after-tax or C$783 million pre-tax, or about C$0.49 per share.
This includes after-tax restructuring charge and severance provisions of about
C$247 million or C$341 million pre-tax and after-tax consolidation of real
estate and contract costs of C$63 million or C$87 million pre-tax. It also
includes after-tax impairment charges of C$280 million or C$355 million pre-tax.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Scotiabank, announced Wednesday that its fourth quarter 2023 reported results
will be adjusted for certain notable items. This is expected to the Bank's CET1
ratio by about 10 basis points.
The total impact on the Bank's fourth quarter results will be about C$590
million after-tax or C$783 million pre-tax, or about C$0.49 per share.
This includes after-tax restructuring charge and severance provisions of about
C$247 million or C$341 million pre-tax and after-tax consolidation of real
estate and contract costs of C$63 million or C$87 million pre-tax. It also
includes after-tax impairment charges of C$280 million or C$355 million pre-tax.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
BK NOVA SCOTIA | 850388 | Frankfurt | 43,300 | 07.06.24 15:29:02 | -0,100 | -0,23% | 0,000 | 0,000 | 43,400 | 43,300 |
