TSX:BNS

Scotiabank has launched a new AI-powered Home Energy and Advice Tool in partnership with Climative, aimed at helping homeowners improve energy efficiency and manage renovation decisions. The tool provides personalized insights based on property characteristics, including estimated costs, potential savings, and available rebates.

The platform allows users to assess their home’s energy performance, explore upgrade options, and better understand how to enhance resilience against extreme weather. It also offers guidance on financing and renovation planning.

Scotiabank said the initiative addresses growing consumer interest in energy-efficient home improvements while supporting broader sustainability goals. The bank highlighted the tool as part of its strategy to integrate climate-focused solutions into its customer offerings.
CNW
Scotiabank announced that it expects to record approximately CAD $77 million in net income contribution in the second quarter of 2026 from its stake in KeyCorp, reflecting its share of KeyCorp’s first-quarter earnings.

After adjusting for acquisition-related intangible amortization of about CAD $8 million, the contribution is expected to rise to roughly CAD $85 million on an adjusted basis. The reported figures also incorporate funding costs and are recognized with a one-month reporting lag.

Scotiabank indicated that these results will be included in its upcoming second-quarter earnings release scheduled for May 27, 2026.

The update highlights the financial impact of Scotiabank’s investment in KeyCorp, providing early visibility into earnings contributions from its U.S. banking exposure.
CNW
Scotiabank released its 2025 Sustainability Report, outlining progress across climate finance, community investment, and ESG initiatives.

The bank reported providing $40 billion in climate-related financing in 2025, bringing its total to $212 billion since 2019, while continuing to support clients’ transition strategies. It also highlighted $212 million in community investments through its ScotiaRISE program, part of a broader $500 million commitment by 2030.

Scotiabank introduced an updated framework for ScotiaRISE focused on education, employment, community development, and economic resilience, and emphasized ongoing efforts in Indigenous engagement and sustainable infrastructure financing. The bank also maintained its top-tier MSCI ESG rating (AAA), reflecting its standing among global banking peers.
CNW
Scotiabank has launched “Scotia Intelligence,” a new enterprise-wide platform aimed at accelerating the adoption of artificial intelligence across its global operations.

The initiative integrates data, cloud infrastructure, and governance frameworks to enable secure and scalable AI use for employees and clients. A key component, Scotia Navigator, provides AI-powered tools for daily workflows, including coding assistance, research automation, and the development of custom AI agents.

The bank reported early operational impact, with AI handling over 40% of customer queries in contact centers and automating around 90% of commercial banking emails, significantly reducing manual workloads and improving efficiency.

Scotiabank emphasized responsible AI practices as a core pillar, supported by its data ethics framework to ensure transparency, fairness, and security in AI deployment.

The launch reflects the bank’s broader strategy to enhance productivity, decision-making, and client experience through advanced AI technologies.
CNW
Scotiabank announced new digital banking enhancements focused on AI-driven personalization and fraud prevention within its mobile app.

The update introduces predictive payment prompts that use AI to help customers manage recurring transactions such as bill payments and transfers. The app also strengthens fraud protection by issuing real-time alerts during phone calls to prevent scams and by flagging suspicious transactions for immediate user verification.

Additional features include improved card controls, allowing users to quickly replace lost or stolen cards, adjust spending limits, and add credit cards to digital wallets with minimal friction.

The enhancements reflect Scotiabank’s broader strategy to deliver faster, more secure, and highly personalized digital banking experiences while addressing rising fraud risks.
CNW
Scotiabank (TSX: BNS; NYSE: BNS) and Casa have launched the first Canadian credit card offering no transaction fees on rent payments made through the Casa platform.

Holders of the ScotiaGold Passport® Visa* Card can use the card to pay rent or condo fees via Casa without the platform’s standard credit card transaction fee and earn 1 Scene+ point per dollar on everyday purchases. Cardholders who spend at least $350 per month also earn 1 Scene+ point per dollar on eligible housing payments.

The Casa platform, developed with major residential owners and operators and covering more than 500,000 units, is expanding nationwide (excluding Quebec) to allow broader rent and condo fee payments by credit card. The initiative aims to modernize housing payments while enhancing rewards for one of Canadians’ largest monthly expenses.
CNW
Scotiabank (TSX: BNS) (NYSE: BNS) reported first-quarter net income of $2.30 billion, more than doubling from $993 million a year earlier. Diluted earnings per share rose to $1.73 from $0.66. On an adjusted basis, net income was $2.70 billion and diluted EPS was $2.05, up from $1.76 last year. Adjusted return on equity improved to 13% from 11.8%.

Canadian Banking earnings increased 5% year over year to $960 million, supported by revenue growth and expense discipline, with ROE rising to 18.1%. International Banking earnings grew 7% to $737 million, with ROE improving to 16%. Global Wealth Management posted adjusted earnings of $491 million, up 18%, as assets under management climbed 10% to $436 billion. Global Banking and Markets earned $544 million, up 5%, driven by stronger fee-based revenue and capital markets activity.

Scotiabank reported a Common Equity Tier 1 capital ratio of 13.3% and reaffirmed confidence in achieving a return on equity above 14% by 2027.

Source: CNW Group, February 24, 2026.
Scotiabank will announce its first quarter results on Tuesday, February 24, 2026.
Scotiabank announced the launch of the Scotiabank Accountant Banking Program, a specialized banking solution designed for Chartered Professional Accountants (CPAs) and accounting practice owners across Canada. Timed with tax season, the program offers preferred pricing, fee waivers, tailored lending rates, and access to dedicated professional banking specialists to address accountants’ unique cash-flow cycles and operational needs.

The program includes operating cost savings, growth financing options, expense management benefits, digital banking fee waivers, and partner offers, aiming to simplify financial management and help accountants focus on client service and practice growth. Scotiabank said the offering reflects its commitment to providing targeted, industry-specific banking solutions for professionals nationwide.

Source: CNW
A new Scotiabank poll found that aligning on risk tolerance is the biggest challenge for couples investing together, cited by 38% of Canadians in a relationship, ahead of differences in spending or saving habits. The survey also showed that many couples struggle with decisions such as whether to combine finances and how to start investing, underscoring the need for guidance. Despite these hurdles, most couples are comfortable sharing investment decisions, driven by trust in their partner’s judgment and the belief that investing together can strengthen relationships, with notable differences in attitudes and needs across generations.

Source: Scotiabank, CNW