Financials in CAD. Standardized financial statements.
A compact view of how The Bank of Nova Scotia turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $73.18B | $29.48B | $31.79B | $31.15B | $30.91B | $31.29B | $30.24B | $28.22B | $26.75B | $25.94B |
| Revenue Growth? | +148.2% | -7.2% | +2.1% | +0.8% | -1.2% | +3.5% | +7.2% | +5.5% | +3.1% | 0.0% |
| Cost of Revenue? | $40.79B | $46.46B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $32.38B | $29.56B | $31.79B | $31.15B | $30.91B | $31.29B | $30.24B | $28.22B | $26.75B | $25.94B |
| Gross Margin? | +44.3% | +100.3% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $20.20B | $19.64B | $31.79B | -$3.03B | -$18.42B | -$22.97B | -$19.37B | -$5.41B | -$7.82B | -$8.87B |
| Operating Income? | $10.51B | $8.80B | $8.69B | $28.12B | $12.49B | $8.32B | $10.86B | $22.81B | $18.93B | $17.06B |
| EBITDA? | $10.56B | $10.56B | $0 | $14.20B | $14.00B | $9.70B | $11.67B | $11.39B | $10.63B | $10.10B |
| Income Before Tax | $9.90B | $9.92B | $9.75B | $12.93B | $12.83B | $8.40B | $11.27B | $11.11B | $10.28B | $9.40B |
| Income Tax Expense | $2.75B | $2.03B | $2.23B | $2.76B | $2.87B | $1.54B | $2.47B | $2.38B | $2.03B | $2.03B |
| Net Income? | $7.79B | $7.76B | $7.41B | $9.92B | $9.62B | $6.78B | $8.39B | $8.55B | $8.01B | $7.12B |
| EPS? | $5.84 | $5.94 | $5.84 | $8.05 | $7.74 | $5.43 | $6.72 | $7.05 | $6.55 | $5.80 |
| Diluted EPS? | $5.67 | $5.86 | $5.81 | $8.02 | $7.70 | $5.30 | $6.67 | $6.96 | $6.49 | $5.77 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality