The Bank of Nova Scotia (0UKI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, this conference is being recorded. Good morning and welcome to Scotiabank's Q2 twenty twenty six Earnings Call. My name is Manny Grauman and I'm Head of Investor Relations here at the bank. Presenting to you this morning are Scott Thompson, Scotiabank's President and Chief Executive Officer Raj Viswanathan, our Chief Financial Officer and Shannon McGinniss, our Chief Risk Officer. Following our comments, we'll be glad to take your questions. Also present to take questions are the following Scotiabank executives: Erez Bogdanaris from Canadian Banking Jackie Allard from Global Wealth Management Francisco Aristeguieta from International Banking and Travis Machen from Global Banking and Markets. Before we start and on behalf of those speaking today, I will refer you to Slide two of our presentation, which contains Scotiabank's caution regarding forward looking statements. With that, I will now turn the call over to Scott. Thank you, Manny, and good morning, everyone. Scotiabankers should be proud of this quarter as we continue to drive our business forward and deliver for shareholders even in the face of unexpected geopolitical developments. We remain focused on the needs of our clients as we work to deepen client relationships across our bank. Adjusted earnings came in at $2,700,000,000 or $2.2 per share. Pre tax pre provision earnings were up 16% year over year as we continue to drive revenue growth and manage our expenses effectively. Our CET1 ratio was 13.3% even after repurchasing 6,400,000 shares in the quarter and today we announced a quarterly dividend increase of $04 per share reflecting confidence in our earnings growth. Over the past twelve months we have returned $7,500,000,000 in capital to our shareholders through share buybacks and di...