Scotiabank expects KeyCorp contribution and Chile tax write-down impact on fourth-quarter earnings
BNS•Scotiabank expects its ownership interest in KeyCorp to contribute about CAD $96 million to fourth-quarter 2026 net income, and said a deferred tax asset write-down from Chile’s tax rate reduction will affect fourth-quarter earnings.
1. Expected earnings impact
Scotiabank said its ownership interest in KeyCorp is expected to contribute about CAD $96 million to net income in the fourth quarter of 2026. It also announced an impact on fourth-quarter earnings from a deferred tax asset write-down related to Chile’s tax rate reduction.
