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Scotiabank expects $77M from KeyCorp investment boosts Q2 income.
Scotiabank anticipates its investment in U.S. bank KeyCorp will contribute approximately $77 million to its second-quarter net income, reflecting KeyCorp's first-quarter earnings.
The adjusted contribution is estimated at about $85 million after accounting for amortization.
Scotiabank plans to release its full second-quarter results on May 27, 2026.
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Scotiabank espera que 77 millones de dólares de la inversión de KeyCorp aumenten los ingresos del segundo trimestre.