Q: Thoughts on the results just released?
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5i Research Answer:
BNS reported EPS of $1.93 vs $1.84 expected. Revenues of $9.8 bln were ahead of $9.4 bln expected. ROE came in at 11.8%. Global Wealth Management and Global Banking appeared to be the drivers of strong results alothough all businesses had earnings growth. It looked like a fine quarter overall with not much in the way of surprises.