Post tax earnings for the three months amounted to $4 billion compared with $2.8 billion for the same period last year.
Scotia's President and CEO Audrey Tugwell Henry says the results positively impacted the group's nine-month profit.
Its net profit was $8.4 billion for the nine months ended July.
Mrs Tugwell Henry said this represents a 15 per cent year-over-year increase in the company's net profit and a 55.1 per cent increase over the second quarter.
Scotia's income also improved, amounting to $11.5 billion.
For the same period last year, the company made $9.6 billion.
The improved performance was driven by higher transaction volumes and an increase in the company's loan and mortgage book.