NYSE · STATE COMMERCIAL BANKS
Bank of Nova Scotia BNS
10 fiscal years on record · CAD · FY2025 reported · SEC filings only
4 YEARS OF DIVIDEND GROWTH
In brief
What this company does
Written from the business description in THE BANK OF NOVA SCOTIA's annual report to the U.S. Securities and Exchange Commission, filed 2 December 2025. Every sentence was checked against that document before publication.
Growth
CAD 37.7B
Revenue, FY2025 · full 10-year series below
Revenue CAD B
Net income CAD B
FY2025 · Revenue 37.7 · Net income 7.8
Compound annual growth
+6.3%
+3.8%
−7.7%
+2.8%
−10.9%
+1.4%
+2.1%
+3.7%
+4.7%
+5.2%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +3.8% a year over five years — but profit grew slower: net income at +2.8%, earnings per share at +1.4%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
21 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Net 20.6%
ROE
FY2025 · ROE 9.2%
Each CAD of equity produced 9 cents of profit this year.
The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CAD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue CAD B | 37.7 | 33.7 | 32.2 | 31.4 | 31.3 | 31.3 | 31.0 | 28.8 | 27.2 | 26.4 |
| Operating income CAD B | · | · | · | · | · | · | · | · | · | · |
| EBITDA CAD B | · | · | · | · | · | · | · | · | · | · |
| Income tax CAD B | 2.8 | 2.0 | 2.2 | 2.8 | 2.9 | 1.5 | 2.5 | 2.4 | 2.0 | 2.0 |
| Net income CAD B | 7.8 | 7.8 | 7.3 | 9.9 | 9.6 | 6.8 | 8.4 | 8.5 | 8.0 | 7.1 |
| EPS, diluted CAD | 5.67 | 5.87 | 5.72 | 8.02 | 7.70 | 5.30 | 6.68 | 6.82 | 6.49 | 5.77 |
| Dividend / sh CAD | 4.32 | 4.24 | 4.18 | 4.06 | 3.60 | 3.60 | 3.49 | 3.28 | 3.05 | 2.88 |
| Payout % | 75 | 73 | 74 | 52 | 48 | 67 | 53 | 49 | 47 | 51 |
| ROE % | 9.2 | 9.7 | 9.8 | 13.8 | 13.9 | 10.0 | 12.6 | 13.6 | 13.3 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
Bank of Nova ScotiavsToronto Dominion BankSame industry: State Commercial BanksBank of Nova ScotiavsRoyal Bank of CanadaSame industry: State Commercial BanksBank of Nova ScotiavsBank of Montreal /can/Same industry: State Commercial BanksBank of Nova ScotiavsCanadian Imperial Bank of Commerce /can/Same industry: State Commercial BanksBank of Nova ScotiavsVersaBankSame industry: State Commercial Banks
Provenance
Company facts, as filed
How we verify · 0 failures in 29 reconciliationsAUDITED
Reconciled in 10 of 19 fiscal years. 28 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityState Commercial Banks
Listed onNYSE
Incorporated inoutside the United States — SEC code Z4
Fiscal year endsOctober 31
Data on record since2016