Scotiabank Q3 2008 Earnings

BMO Capital Markets, 27 August 2008Scotiabank reported third-quarter cash earnings of $987 million, or $0.99 per share, compared to $966 million, or $0.97 per share, last quarter and $1.0 billion, or $1.03 per share, in the same quarter of last year. This was another clean quarter for Scotiabank. The bank earned over 20% ROE, side-stepped problems in structured credit markets and showed superior