Sco­tia­bank T&T (Sco­tia­bank TT) post­ed a record in­come af­ter tax­a­tion of $696 mil­lion for the year end­ed Oc­to­ber 2025, mark­ing a 5.72 per cent in­crease or $38 mil­lion over the pre­vi­ous year.
Sco­tia, in its fourth quar­ter re­sults pub­lished yes­ter­day, said the strong per­for­mance trans­lat­ed in­to an im­proved re­turn on eq­ui­ty of 14.77 per cent and re­turn on as­sets of 2.19 per cent, up 26 and 1 ba­sis points, re­spec­tive­ly.
Sco­tia­bank de­clared a fourth-quar­ter div­i­dend of $0.90 per share, bring­ing the to­tal for fis­cal 2025 to $3 per share.
The earn­ings per share (EPS) rose to $3.95 cents, cou­pled with a div­i­dend yield of 6.26 per cent, the high­est in the Bank’s his­to­ry.

To­tal rev­enue for the year ex­ceed­ed $2.1 bil­lion, rep­re­sent­ing a sev­en per cent in­crease year on year, dri­ven by ro­bust Re­tail and Com­mer­cial loan growth. Net In­ter­est In­come rose eight per cent to $1.5 bil­lion, with In­ter­est In­come climb­ing 10 per cent to $1.5 bil­lion, sup­port­ed by strong per­for­mance in In­vest­ment Se­cu­ri­ties and Loans to Cus­tomers. De­posits grew six per cent or $1.4 bil­lion, re­flect­ing strong cus­tomer con­fi­dence.
Man­ag­ing di­rec­tor Gayle Pa­zos high­light­ed the Bank’s on­go­ing dig­i­tal evo­lu­tion, not­ing that dig­i­tal adop­tion rose to 57 per cent, with over 98 per cent of trans­ac­tions now processed dig­i­tal­ly.

“Our strate­gic ini­tia­tives and in­vest­ment in dig­i­tal tech­nolo­gies con­tin­ue to sim­pli­fy our cus­tomers’ bank­ing ex­pe­ri­ence while dri­ving long-term val­ue,” she said.

Net im­pair­ment loss­es rose 43 per cent to $144 mil­lion, re­flect­ing high­er pro­vi­sions in both re­tail and com­mer­cial port­fo­lios amid eco­nom­ic un­cer­tain­ties. De­spite this, the Bank main­tained strong cred­it qual­i­ty, with the ra­tio of non-per­form­ing loans to to­tal loans im­prov­ing 10 ba­sis points year on year.
Sco­tia­bank chair­man Derek Hud­son praised the man­age­ment and staff for their ded­i­ca­tion, say­ing their ef­forts were cen­tral to achiev­ing these re­sults.

“This out­stand­ing per­for­mance demon­strates the com­mit­ment of Sco­tia­bankers to de­liv­er­ing ex­cep­tion­al ser­vice and val­ue to our share­hold­ers,” said Hud­son.