Analysts believe stronger revenue countered higher expenses,...

Moomoo AI Feb 28, 2024 03:35

Analysts believe stronger revenue countered higher expenses, supporting the bank's share price. Scotiabank seen as a 'canary in the coal mine' for consumer credit stress. New strategy under CEO Scott Thomson, focusing on North America and potential Latin American business sales, is showing encouraging progress.

Scotiabank Beats Estimates Even as Loan-Loss Provisions Rise

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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