Scotiabank beats profit estimates on interest income strength, BMO misses
Scotiabank on Tuesday beat estimates for its first-quarter profit, helped by robust growth in interest income, while BMO fell short due to bigger loan-loss provisions.
![Scotiabank beats profit estimates on interest income strength, BMO misses](https://globalnews.ca/wp-content/uploads/2024/02/Scotia-BMO.jpg?quality=85&strip=all#)
Scotiabank on Tuesday beat estimates for its first-quarter profit, helped by robust growth in interest income, while BMO fell short due to bigger loan-loss provisions.