Bank of Nova Scotia today said on Friday its first quarter profit rose 8% on firmer results from its Scotia Capital and international units.

Scotiabank said first quarter net income rose to $852 million, or 84¢ a share, in the first quarter, compared with $788 million, or 77¢ a share, a year before.

Revenue rose to $2.8 billion from $2.6 billion.

Loan loss provisions were almost flat at $75 million.

Return on equity edged up to 21.6% from 21%.

Domestic banking, which includes wealth management and accounts for 39% of total net income, was flat in the quarter at $331 million, compared with $330 million.

“Our strategy of diversifying across business platforms and geography continues to deliver record income, with solid contributions from all three business lines,” president and CEO Rick Waugh said in a news release.

“The bank benefited from another strong performance from international banking, including our Mexican operations, record trading revenues in Scotia Capital, and solid growth in mortgage volumes in domestic banking.”

Scotia Capital reported a 12% rise in revenues and a net recovery in credit losses.

Profit at Scotiabank’s international operations rose to $235 million from $207 million.