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Scotiabank Expects Q3 Net Income of C$82 Million From KeyCorp Stake

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Scotiabank (BNS.TO) expects an C$82 million net income contribution from its KeyCorp stake in the fiscal third-quarter, the company said on Wednesday.

The contribution will rise to C$90 million after adjusting for an C$8 million amortization of acquired intangible assets, the bank said.

Scotiabank will release its fiscal third-quarter financial results on August 25.

Scotiabank shares were last seen up C$0.05, to C$123.43, on the Toronto Stock Exchange.

Price: $123.28, Change: $-0.10, Percent Change: -0.08%

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