The Bank of Nova Scotia (BNS)

The Bank of Nova Scotia Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	32,307	31,416	31,252	31,336	31,034
Revenue Growth (YoY)	2.84%	0.52%	-0.27%	0.97%	7.85%
Gross Profit	32,307	31,416	31,252	31,336	31,034
Selling, General & Admin	13,611	12,566	12,085	12,230	12,736
Other Operating Expenses	8,942	5,918	6,341	10,710	7,028
Operating Expenses	22,553	18,484	18,426	22,940	19,764
Operating Income	9,754	12,932	12,826	8,396	11,270
Other Expense / Income	118	258	331	75	408
Pretax Income	9,636	12,674	12,495	8,321	10,862
Income Tax	2,226	2,758	2,871	1,543	2,472
Net Income	7,410	9,916	9,624	6,778	8,390
Preferred Dividends	419	260	233	196	182
Net Income Common	6,991	9,656	9,391	6,582	8,208
Net Income Growth	-27.60%	2.82%	42.68%	-19.81%	-1.83%
Shares Outstanding (Basic)	1,205	1,193	1,211	1,216	1,227
Shares Change	1.01%	-1.53%	-0.38%	-0.89%	2.32%
EPS (Basic)	5.84	8.05	7.74	5.43	6.72
EPS (Diluted)	5.78	8.02	7.70	5.30	6.68
EPS Growth	-27.93%	4.16%	45.28%	-20.66%	-2.05%
Free Cash Flow	31,282	16,372	-13,269	55,893	-12,211
Free Cash Flow Per Share	25.96	13.72	-10.95	45.96	-9.95
Dividend Per Share	3.102	3.127	2.860	3.376	3.263
Dividend Growth	-0.80%	9.34%	-15.28%	3.46%	28.52%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	30.19%	41.16%	41.04%	26.79%	36.32%
Profit Margin	21.64%	30.74%	30.05%	21.00%	26.45%
Free Cash Flow Margin	96.83%	52.11%	-42.46%	178.37%	-39.35%
Effective Tax Rate	23.10%	21.76%	22.98%	18.54%	22.76%
EBITDA	11,456	14,205	14,006	9,867	11,915
EBITDA Margin	35.46%	45.22%	44.82%	31.49%	38.39%
Depreciation & Amortization	1,820	1,531	1,511	1,546	1,053
EBIT	9,636	12,674	12,495	8,321	10,862
EBIT Margin	29.83%	40.34%	39.98%	26.55%	35.00%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).