Scotia Group Jamaica is reporting a net income of $9.2 billion for the six months, ended April 30.
This represents an increase of nearly $666 million, or 7.8 per cent compared to the similar period last year.
For the second quarter loan, net income rose by $798 million, up 19 per cent over the previous quarter to $5 billion.
The financial group's asset base also saw significant growth, expanding by $87 billion to reach $763.5 billion by April.
The performance was bolstered by strong results from both its loan and investment portfolios.
In a move to reward shareholders, the Board of Directors has approved a dividend of $0.45 per stock unit for the second quarter.
The dividend will be paid on July 17 to stockholders on record as at June 25.
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