The Bank of Nova Scotia Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Interest Income on Loans	44,293	47,811	45,043	29,390	23,159
Interest Income on Investments	13,309	13,848	11,781	4,168	1,827
Total Interest Income	57,602	61,659	56,824	33,558	24,986
Interest Paid on Deposits	33,425	39,480	35,650	12,794	6,465
Interest Paid on Borrowings	2,655	2,927	2,912	2,649	1,560
Total Interest Expense	36,080	42,407	38,562	15,443	8,025
Net Interest Income	21,522	19,252	18,262	18,115	16,961
Net Interest Income Growth (YoY)	11.79%	5.42%	0.81%	6.80%	-2.07%
Trust Income	1,162	1,096	1,029	999	994
Income From Trading Activities	1,984	1,634	1,580	1,791	2,033
Gain (Loss) on Sale of Assets	-1,350	-279	734	-233	-9
Gain (Loss) on Sale of Investments	71	48	129	74	419
Gain (Loss) on Sale of Equity Investments	608	198	153	268	339
Other Non-Interest Income	12,358	11,585	10,694	10,169	10,506
Total Non-Interest Income	14,833	14,282	14,319	13,068	14,282
Non-Interest Income Growth (YoY)	3.86%	-0.26%	9.57%	-8.50%	1.90%
Revenues Before Loan Losses	36,355	33,534	32,581	31,183	31,243
Provision for Loan Losses	4,714	4,051	3,422	1,382	1,808
Revenue	31,641	29,483	29,159	29,801	29,435
Revenue Growth (YoY)	7.32%	1.11%	-2.15%	1.24%	16.56%
Salaries and Employee Benefits	10,321	9,391	9,169	8,418	8,243
Occupancy Expenses	4,343	4,085	3,933	3,439	3,349
Selling, General & Administrative	2,997	2,823	2,715	2,601	2,373
Other Non-Interest Expense	3,471	3,260	3,671	2,411	2,644
Total Non-Interest Expense	21,132	19,559	19,488	16,869	16,609
EBT Excluding Unusual Items	10,509	9,924	9,671	12,932	12,826
Pretax Income	10,509	9,924	9,671	12,932	12,826
Income Tax Expense	2,751	2,032	2,221	2,758	2,871
Earnings From Continuing Operations	7,758	7,892	7,450	10,174	9,955
Minority Interest in Earnings	31	-134	-112	-258	-331
Net Income	7,789	7,758	7,338	9,916	9,624
Preferred Dividends & Other Adjustments	528	472	419	260	233
Net Income to Common	7,261	7,286	6,919	9,656	9,391
Net Income Growth	0.40%	5.72%	-26.00%	3.03%	41.99%
Basic Shares Outstanding	1,244	1,226	1,197	1,199	1,214
Diluted Shares Outstanding	1,248	1,232	1,204	1,208	1,225
Shares Change (YoY)	1.30%	2.33%	-0.33%	-1.39%	-1.45%
EPS (Basic)	5.84	5.94	5.78	8.05	7.74
EPS (Diluted)	5.67	5.87	5.72	8.02	7.70
EPS Growth	-3.42%	2.75%	-28.75%	4.18%	45.30%
Dividend Per Share	4.320	4.240	4.180	4.060	3.600
Dividend Growth	1.89%	1.44%	2.96%	12.78%	-
Effective Tax Rate	26.18%	20.48%	22.97%	21.33%	22.38%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.