Bank of Nova Scotia raises dividend after beating Q2 earnings and revenue estimates.

Bank of Nova Scotia reported strong Q2 fiscal 2026 results, with adjusted earnings of $1.47 per share beating the $1.46 estimate and revenue of $7.17 billion surpassing expectations. Key segments showed growth: Canadian Banking earnings rose 53%, International Banking increased 3%, Global Wealth Management climbed 19%, and Global Banking and Markets grew 11%. The bank improved credit quality and raised its quarterly dividend by 4 cents to 1.14 CAD per share. CEO Scott Thomson confirmed the bank is on track to meet its 2026 financial goals and aims for a return on equity above 14% in 2027.