Scotiabank to adjust Q4 results for significant items


Summary: Bank of Nova Scotia (Scotiabank) announces adjustment to Q4 results due to notable items, affecting earnings by $590 million after-tax.

Canada’s Bank of Nova Scotia (Scotiabank) has revealed that its fourth-quarter results will be adjusted to account for certain significant items. These adjustments are expected to impact the bank’s earnings by approximately $590 million after-tax, or around 49 cents per share. The bank is scheduled to release its fourth-quarter results on November 28th.

Tags: Scotiabank, Q4 results, earnings adjustment, financial disclosure