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Scotiabank says KeyCorp results will add about $62M to its second-quarter net income

Scotiabank says its ownership stake in U.S. bank KeyCorp will contribute about $62 million to its second-quarter net income.

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Scotiabank says KeyCorp results will add about $62M to its second-quarter net income

A Scotiabank sign is shown on a shopping mall in Ottawa on Thursday, June 27, 2024. THE CANADIAN PRESS/Sean Kilpatrick

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By The Canadian Press

Scotiabank says its ownership stake in U.S. bank KeyCorp will contribute about $62 million to its second-quarter net income.

The Canadian bank says the amount represents its share of KeyCorp’s first-quarter net income.

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