Sco­tia­bank T&T Ltd yes­ter­day re­port­ed in­come af­ter tax­a­tion of $531 mil­lion for the nine months end­ed Ju­ly 31, 2025.

This rep­re­sents an in­crease of $43 mil­lion or 8.81 per cent com­pared to the nine months end­ed Ju­ly 31, 2024, the bank said in a re­lease is­sued yes­ter­day.

In­come af­ter tax for the third quar­ter was record­ed at $191 mil­lion, an in­crease of $26 mil­lion or 16 per cent over the pri­or year’s per­for­mance.

This im­proved prof­itabil­i­ty re­sult­ed in an in­creased Re­turn on Eq­ui­ty (ROE) of 15.3 per cent and an in­creased Re­turn on As­sets (ROA) of 2.3 per cent com­pared to the pri­or year, Sco­tia­bank T&T said.

Based on these fi­nan­cial re­sults, the bank de­clared a div­i­dend of 70 cents per share for the third quar­ter, for a to­tal of 210 cents for the first nine months of fis­cal 2025.

The bank fur­ther not­ed that to­tal rev­enue, com­pris­ing of net in­ter­est in­come and oth­er in­come, was $1.6 bil­lion for the pe­ri­od end­ed Ju­ly 31, 2025, an in­crease of $120 mil­lion or eight per cent over the pri­or year.

Net in­ter­est in­come for the pe­ri­od was $1.2 bil­lion, an in­crease of $93 mil­lion or nine per cent.

The bank ex­plained the main dri­vers were in­vest­ment se­cu­ri­ties in­ter­est, in­creas­ing by $65 mil­lion as the team con­tin­ued to man­age liq­uid­i­ty while se­cur­ing high­er earn­ing in­vest­ment op­por­tu­ni­ties to gen­er­ate ad­di­tion­al in­ter­est in­come.

Fur­ther, in­ter­est in­come on loans to cus­tomers al­so in­creased by $48 mil­lion or five per cent, off­set by an in­crease in cus­tomer de­posit in­ter­est of $29 mil­lion over the same com­pa­ra­ble pe­ri­od last year, both based on growth in their re­spec­tive port­fo­lios, cou­pled with in­creased rates be­ing paid on cus­tomers’ de­posits.

Gayle Pa­zos, the man­ag­ing di­rec­tor of Sco­tia­bank T&T Ltd, who com­ment­ed on the re­sults, said she is pleased to re­port on the group’s strong fi­nan­cial per­for­mance this quar­ter.

She not­ed the in­crease in in­come af­ter tax was dri­ven by core rev­enue growth and ex­pense con­trol in an in­fla­tion­ary en­vi­ron­ment.

“We have achieved sig­nif­i­cant as­set growth of $1.5 bil­lion or five per cent, based on our ro­bust strate­gies and mar­ket po­si­tion­ing. Loans to cus­tomers grew $0.7 bil­lion or three per cent, with our in­vest­ment port­fo­lio grow­ing by $1.5 bil­lion or 26 per cent.

“This strong as­set growth un­der­scores our com­mit­ment to op­ti­mis­ing mar­ket con­di­tions and en­sur­ing con­sis­tent val­ue cre­ation for our stake­hold­ers. De­posits with cus­tomers al­so grew by $1 bil­lion or four per cent, with dig­i­tal adop­tion in­creas­ing to 57 per cent. Apart from lever­ag­ing dig­i­tal ad­vance­ments with­in the re­tail and cor­po­rate/com­mer­cial seg­ments, we have fo­cused on im­prov­ing our prod­uct and rate of­fer­ings in se­lect­ed ar­eas to pro­vide bet­ter op­por­tu­ni­ties for our clients,” she added.