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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Bank Of Nova Scotia Earns $1.77B  0 comments
    Aug 28, 2013 11:18 AM | about stocks: BNS

    Originally published at www.seclive.com

    The Bank of Nova Scotia (NYSE:BNS) announced earnings of Canadian $1.77B, or C$1.37 per share, in its third quarter financial results of fiscal year 2013. The bank's earnings this quarter were down almost 14% compared to last year's C$2.05B, with C$1.69 earnings per share. Scotiabank raised its quarterly dividend from C$0.60 to C$0.62 per share. CEO Rick Waugh commented that the company's strongest earnings growth came from its banking and wealth management lines of business, while international banking and services continued to yield steady growth. Revenue was C$5.60B this quarter, up slightly from last year. The bank did not amend its annual guidance as it expects to meet all of its goals while positioning itself well for next year.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: BNS
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