The Bank of Nova Scotia (BNS)

The Bank of Nova Scotia Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Interest Income on Loans	45,288	47,811	45,043	29,390	23,159	26,977
Interest Income on Investments	13,424	13,848	11,781	4,168	1,827	2,735
Total Interest Income	58,712	61,659	56,824	33,558	24,986	29,712
Interest Paid on Deposits	35,130	39,480	35,650	12,794	6,465	10,731
Interest Paid on Borrowings	2,723	2,927	2,912	2,649	1,560	1,661
Total Interest Expense	37,853	42,407	38,562	15,443	8,025	12,392
Net Interest Income	20,859	19,252	18,262	18,115	16,961	17,320
Net Interest Income Growth (YoY)	9.81%	5.42%	0.81%	6.80%	-2.07%	0.83%
Trust Income	1,145	1,096	1,029	999	994	946
Income From Trading Activities	1,931	1,634	1,580	1,791	2,033	2,411
Gain (Loss) on Sale of Assets	-279	-279	734	-233	-9	307
Gain (Loss) on Sale of Investments	84	48	129	74	419	607
Gain (Loss) on Sale of Equity Investments	470	198	153	268	339	242
Other Non-Interest Income	12,118	11,585	10,694	10,169	10,506	9,503
Total Non-Interest Income	15,469	14,282	14,319	13,068	14,282	14,016
Non-Interest Income Growth (YoY)	4.61%	-0.26%	9.57%	-8.50%	1.90%	2.07%
Revenues Before Loan Losses	36,328	33,534	32,581	31,183	31,243	31,336
Provision for Loan Losses	4,631	4,051	3,422	1,382	1,808	6,084
Revenue	31,697	29,483	29,159	29,801	29,435	25,252
Revenue Growth (YoY)	7.43%	1.11%	-2.15%	1.24%	16.56%	-9.43%
Salaries and Employee Benefits	10,045	9,391	9,169	8,418	8,243	8,256
Occupancy Expenses	4,304	4,085	3,933	3,439	3,349	3,831
Selling, General & Administrative	2,936	2,823	2,715	2,601	2,373	2,009
Other Non-Interest Expense	4,565	3,260	3,671	2,411	2,644	2,760
Total Non-Interest Expense	21,850	19,559	19,488	16,869	16,609	16,856
EBT Excluding Unusual Items	9,847	9,924	9,671	12,932	12,826	8,396
Pretax Income	9,847	9,924	9,671	12,932	12,826	8,396
Income Tax Expense	2,606	2,032	2,221	2,758	2,871	1,543
Earnings From Continuing Operations	7,241	7,892	7,450	10,174	9,955	6,853
Minority Interest in Earnings	-29	-134	-112	-258	-331	-75
Net Income	7,212	7,758	7,338	9,916	9,624	6,778
Preferred Dividends & Other Adjustments	534	472	419	260	233	196
Net Income to Common	6,678	7,286	6,919	9,656	9,391	6,582
Net Income Growth	-3.05%	5.72%	-26.00%	3.03%	41.99%	-19.21%
Basic Shares Outstanding	1,243	1,226	1,197	1,199	1,214	1,212
Diluted Shares Outstanding	1,249	1,232	1,204	1,208	1,225	1,243
Shares Change (YoY)	1.98%	2.33%	-0.33%	-1.39%	-1.45%	-0.64%
EPS (Basic)	5.37	5.94	5.78	8.05	7.74	5.43
EPS (Diluted)	5.24	5.87	5.72	8.02	7.70	5.30
EPS Growth	-7.37%	2.75%	-28.75%	4.18%	45.30%	-20.59%
Dividend Per Share	4.280	4.240	4.180	4.060	3.600	3.600
Dividend Growth	0.94%	1.44%	2.96%	12.78%	-	3.15%
Effective Tax Rate	26.46%	20.48%	22.97%	21.33%	22.38%	18.38%

Updated Aug 26, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q