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Scotiabank reports higher fourth-quarter profit, misses expectations

financialpost
Summary
Nutrition label

83% Informative

Bank of Nova Scotia reported a higher fourth-quarter profit than last year , but missed analyst expectations.

Net income for the three-month period ending Oct. 31 was up 25 per cent compared to the same period last year .

On an adjusted basis, the bank earned $2.1 billion , up 29 per cent from a year ago , resulting in earnings per share of $ 1.57 .

VR Score

92

Informative language

94

Neutral language

94

Article tone

informal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

9

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