The Bank of Nova Scotia (BNS) — Financial statements
Income statement, balance sheet, and cash flow for The Bank of Nova Scotia — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 73,177↑148.2% | 29,483↓7.2% | 31,787↑2.1% | 31,148↑0.8% | 30,913 | |
| Cost of Revenue | 40,794↓12.2% | 46,458 | 0.00 | 0.00 | 0.00 | |
| Gross Profit | 32,383↑9.5% | 29,564↓7.0% | 31,787↑2.1% | 31,148↑0.8% | 30,913 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 10,824↑9.8% | 9,855↑2.7% | 9,596↑8.6% | 8,836↑3.5% | 8,541 | |
| Selling & Marketing Expenses | 672↑9.4% | 614↑6.6% | 576↑20.0% | 480↑18.8% | 404 | |
| SG&A Expenses | 11,496↑9.8% | 10,469↑2.9% | 10,172↑9.2% | 9,316↑4.1% | 8,945 | |
| Other Expenses | 10,378↑13.2% | 9,171↓57.6% | 21,615↑275.1% | -12,347↑54.9% | -27,363 | |
| Operating Expenses | 21,874↑11.4% | 19,640↓38.2% | 31,787↑1148.7% | -3,031↑83.5% | -18,418 | |
| Total Costs & Expenses | 62,668↑284.5% | 16,299↓48.7% | 31,787↑1148.7% | -3,031↑83.5% | -18,418 | |
| Operating Results | ||||||
| Operating Income | 10,509↓20.3% | 13,184↑51.7% | 8,690↓69.1% | 28,117↑125.0% | 12,495 | |
| Depreciation & Amortization | 1,604↓8.9% | 1,760↓3.3% | 1,820↑18.9% | 1,531↑1.3% | 1,511 | |
| EBITDA | 12,113↑14.7% | 10,556 | 0.00↓100.0% | 14,195↑1.4% | 13,998 | |
| EBIT | 10,509↑19.5% | 8,796↑583.3% | -1,820↓114.4% | 12,664↑1.4% | 12,487 | |
| Interest & Other Income | ||||||
| Net Interest Income | 21,522↑11.8% | 19,252↑5.3% | 18,287↑0.9% | 18,115↑6.8% | 16,961 | |
| Interest Income | 57,602↓6.6% | 61,659↑8.5% | 56,824↑69.3% | 33,558↑34.3% | 24,986 | |
| Interest Expense | 36,080↓14.9% | 42,407↑10.0% | 38,537↑149.5% | 15,443↑92.4% | 8,025 | |
| Non-Operating Income | 0.00↓100.0% | 13,184↑25.4% | 10,510↑292.3% | 2,679↓10.2% | 2,983 | |
| Other Income / Expenses | 0.00↑100.0% | -3,260↓406.4% | 1,064↑144.1% | -2,411↑8.8% | -2,644 | |
| Income Before Tax | 10,509↑5.9% | 9,924↑1.7% | 9,754↓24.6% | 12,932↑0.8% | 12,826 | |
| Income Tax Expense | 2,751↑35.4% | 2,032↓8.7% | 2,226↓19.3% | 2,758↓3.9% | 2,871 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 7,758↓1.7% | 7,892↑4.8% | 7,528↓24.0% | 9,906↑3.0% | 9,616 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 7,789↑0.4% | 7,758↑4.7% | 7,410↓25.3% | 9,916↑3.0% | 9,624 | |
| Bottom-Line Net Income | 7,080↓2.8% | 7,286↑4.2% | 6,991↓27.9% | 9,692↑2.7% | 9,434 | |
| EPS (Basic) | 5.69↓4.2% | 5.94↑1.7% | 5.84↓27.5% | 8.05↑4.0% | 7.74 | |
| EPS (Diluted) | 5.69↓2.9% | 5.86↑0.9% | 5.81↓27.6% | 8.02↑4.2% | 7.70 | |
| Weighted Average Shares | 1,244↑1.5% | 1,226↑2.4% | 1,197↓0.2% | 1,199↓1.2% | 1,214 | |
| Weighted Average Diluted Shares | 1,245↑1.1% | 1,232↑2.3% | 1,204↓0.3% | 1,208↓1.4% | 1,225 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.