Earnings PerformanceShares of Scotiabank underperformed peers after reporting core 4Q24 EPS of C$1.57, missing consensus estimates.
Impairment LossAn after-tax impairment loss of approximately C$1.4 billion will be recognized in Q1-25 related to the sale of operations in Colombia, Costa Rica, and Panama.
International BankingLower earnings in International Banking are expected due to higher taxes and capital optimization.