← BANK OF NOVA SCOTIA
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $26.4b | $27.2b | $28.8b | $31.0b | $31.3b | $31.3b | $31.4b | $32.3b | $33.7b | $37.7b | |
| Revenue From Interest | $22.2b | $23.9b | $28.1b | $32.8b | $29.7b | $25.0b | $33.6b | $56.8b | $61.7b | $57.6b | |
| Additional Financial Items | |||||||||||
| Card revenues | — | $1.0b | $1.1b | $977.0m | $789.0m | $749.0m | $779.0m | $778.0m | $869.0m | $892.0m | |
| Trading revenues | $1.2b | $986.0m | $1.4b | $1.5b | $2.4b | $2.0b | $1.8b | $1.6b | $1.6b | $2.0b | |
| Applicable Tax Rate | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Average Effective Tax Rate | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment Loss Recognised In Profit Or Loss Goodwill | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Profit Loss Attributable To Noncontrolling Interests | — | — | ($176.0m) | ($408.0m) | ($75.0m) | ($331.0m) | $258.0m | $118.0m | $134.0m | ($31.0m) | |
| Profit Loss Attributable To Owners Of Parent | $7.1b | $8.0b | $8.5b | $8.4b | $6.8b | $9.6b | $9.9b | $7.4b | $7.8b | $7.8b | |
| Profit Loss Before Tax | $9.4b | $10.3b | $11.1b | $11.3b | $8.4b | $12.8b | $12.9b | $9.8b | $9.9b | $10.5b | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | $414.0m | $407.0m | $559.0m | $650.0m | $242.0m | $339.0m | $268.0m | $153.0m | $198.0m | $608.0m | |
| Loans | $20.4b | $21.7b | $25.0b | $29.1b | $27.0b | $23.2b | $29.4b | $45.0b | $47.8b | $44.3b | |
| Securities | $1.2b | $1.4b | $1.8b | $2.2b | $2.0b | $1.5b | $2.9b | $6.8b | $9.2b | $7.9b | |
| Securities purchased under resale agreements and securities borrowed | $158.0m | $283.0m | $446.0m | $502.0m | $286.0m | $178.0m | $459.0m | $1.5b | $1.6b | $2.8b | |
| Deposits with financial institutions | $394.0m | $522.0m | $859.0m | $928.0m | $414.0m | $182.0m | $832.0m | $3.5b | $3.1b | $2.6b | |
| Deposits | $6.8b | $7.9b | $10.5b | $13.9b | $10.7b | $6.5b | $12.8b | $35.6b | $39.5b | $33.4b | |
| Subordinated debentures | $232.0m | $226.0m | $214.0m | $294.0m | $240.0m | $180.0m | $270.0m | $471.0m | $490.0m | $385.0m | |
| Other | $2.4b | $1.8b | $1.8b | $2.0b | $2.1b | $2.1b | $2.1b | $2.7b | $2.7b | $4.1b | |
| Net interest income | $14.3b | $15.0b | $16.2b | $17.2b | $17.3b | $17.0b | $18.1b | $18.3b | $19.3b | $21.5b | |
| Banking services fees | $3.7b | $3.9b | $4.0b | $1.8b | $1.5b | $1.6b | $1.8b | $1.9b | $2.0b | $2.0b | |
| Credit fees | — | $1.2b | $1.2b | $1.3b | $1.3b | $1.5b | $1.6b | $1.9b | $1.6b | $1.2b | |
| Mutual funds | — | $1.6b | $1.7b | $1.8b | $1.9b | $2.4b | $2.3b | $2.1b | $2.3b | $2.6b | |
| Brokerage fees | — | $1.0b | $895.0m | $876.0m | $902.0m | $1.0b | $1.1b | $1.1b | $1.3b | $1.4b | |
| Investment management and trust | — | $632.0m | $732.0m | $1.1b | $946.0m | $994.0m | $999.0m | $1.0b | $1.1b | $1.2b | |
| Underwriting and advisory fees | $594.0m | $598.0m | $514.0m | $497.0m | $690.0m | $724.0m | $543.0m | $554.0m | $702.0m | $964.0m | |
| Non-trading foreign exchange | $540.0m | $557.0m | $622.0m | $667.0m | $708.0m | $787.0m | $878.0m | $911.0m | $930.0m | $948.0m | |
| Net gain on sale of investment securities | $534.0m | $380.0m | $146.0m | $351.0m | $607.0m | $419.0m | $74.0m | $129.0m | $48.0m | $71.0m | |
| Insurance service results | — | — | — | — | — | — | — | $413.0m | $470.0m | $485.0m | |
| Other fees and commissions | $732.0m | $903.0m | $841.0m | $949.0m | $688.0m | $677.0m | $650.0m | $1.1b | $1.2b | $1.7b | |
| Provision for credit losses | $2.4b | $2.2b | $2.6b | $3.0b | $6.1b | $1.8b | $1.4b | $3.4b | $4.1b | $4.7b | |
| Profit from operating activity | $23.9b | $24.9b | $26.2b | $28.0b | $25.3b | $29.4b | $30.0b | $28.9b | $29.6b | $33.0b | |
| Salaries and employee benefits | $7.0b | $7.4b | $7.5b | $8.4b | $8.6b | $8.5b | $8.8b | $9.6b | $9.9b | $10.8b | |
| Premises and technology | $2.2b | $2.4b | $2.6b | $2.8b | $2.4b | $2.4b | $2.4b | $2.7b | $2.9b | $3.3b | |
| Depreciation and amortization | $684.0m | $761.0m | $848.0m | $1.1b | $1.5b | $1.5b | $1.5b | $1.8b | $1.8b | $1.6b | |
| Communications | $442.0m | $437.0m | $447.0m | $459.0m | $418.0m | $369.0m | $361.0m | $395.0m | $381.0m | $384.0m | |
| Advertising and business development | $617.0m | $581.0m | $581.0m | $625.0m | $445.0m | $404.0m | $480.0m | $576.0m | $614.0m | $672.0m | |
| Professional | $693.0m | $775.0m | $881.0m | $861.0m | $753.0m | $789.0m | $826.0m | $780.0m | $793.0m | $880.0m | |
| Business and capital taxes | $403.0m | $423.0m | $464.0m | $515.0m | $517.0m | $511.0m | $541.0m | $634.0m | $682.0m | $708.0m | |
| Preferred shareholders and other equity instrument holders | $130.0m | $129.0m | $187.0m | $182.0m | $196.0m | $233.0m | $260.0m | $419.0m | $472.0m | $506.0m | |
| Common shareholders | $7.0b | $7.9b | $8.4b | $8.2b | $6.6b | $9.4b | $9.7b | $7.0b | $7.3b | $7.3b | |
| Dividends paid per common share (in dollars) | $3 | $3 | $3 | $3 | $4 | $4 | $4 | $4 | $4 | $4 | |
| Average Dilution Earnings | — | — | — | — | — | — | $36.0m | ($36.0m) | ($49.0m) | ($181.0m) | |
| Depreciation Amortization Depletion Income Statement | $684.0m | $761.0m | $848.0m | $1.1b | $1.5b | $1.5b | $1.5b | $1.8b | $1.8b | $1.6b | |
| Depreciation And Amortization In Income Statement | $684.0m | $761.0m | $848.0m | $1.1b | $1.5b | $1.5b | $1.5b | $1.8b | $1.8b | $1.6b | |
| Diluted EPS | — | — | — | — | — | — | $8.02 | $5.72 | $5.87 | $5.67 | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | — | $9.7b | $6.9b | $7.2b | $7.1b | |
| Gain On Sale Of Business | — | — | — | — | — | — | ($361.0m) | $367.0m | ($136.0m) | ($1.4b) | |
| Gain On Sale Of Security | $534.0m | $380.0m | $146.0m | $351.0m | $607.0m | $419.0m | $74.0m | $129.0m | $48.0m | $71.0m | |
| Impairment Of Capital Assets | — | — | — | — | — | — | $0 | $161.0m | $97.0m | $0 | |
| Interest Income | $22.2b | $23.9b | $28.1b | $32.8b | $29.7b | $25.0b | $33.6b | $56.8b | $61.7b | $57.6b | |
| Minority Interests | — | — | — | — | — | — | ($258.0m) | ($112.0m) | ($134.0m) | $31.0m | |
| Net Income From Continuing And Discontinued Operation | — | — | — | — | — | — | $9.9b | $7.3b | $7.8b | $7.8b | |
| Net Income From Continuing Operation Net Minority Interest | — | — | — | — | — | — | $9.9b | $7.3b | $7.8b | $7.8b | |
| Normalized Income | — | — | — | — | — | — | $10.4b | $7.7b | $8.4b | $9.1b | |
| Other Special Charges | — | — | — | — | — | — | $133.0m | — | $176.0m | $74.0m | |
| Preferred Stock Dividends | $130.0m | $129.0m | $187.0m | $182.0m | $196.0m | $233.0m | $260.0m | $419.0m | $472.0m | $506.0m | |
| Reconciled Depreciation | $684.0m | $761.0m | $848.0m | $1.1b | $1.5b | $1.5b | $1.5b | $1.8b | $1.8b | $1.6b | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | — | $85.0m | $441.0m | $53.0m | $373.0m | |
| Salaries And Wages | $7.0b | $7.4b | $7.5b | $8.4b | $8.6b | $8.5b | $8.8b | $9.6b | $9.9b | $10.8b | |
| Selling General And Administration | — | — | — | — | — | — | $9.3b | $10.2b | $10.5b | $11.5b | |
| Special Income Charges | — | — | — | — | — | — | ($579.0m) | ($420.0m) | ($805.0m) | ($1.8b) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($123.3m) | ($96.6m) | ($164.8m) | ($479.8m) | |
| Tax Provision | — | — | — | — | — | — | $2.8b | $2.2b | $2.0b | $2.8b | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Write Off | — | — | — | — | — | — | $0 | $185.0m | $343.0m | $0 | |
| Total interest income | $22.2b | $23.9b | $28.1b | $32.8b | $29.7b | $25.0b | $33.6b | $56.8b | $61.7b | $57.6b | |
| Total non-interest income | $12.1b | $12.1b | $12.6b | $13.9b | $14.0b | $14.3b | $13.3b | $14.0b | $14.4b | $16.2b | |
| Total Unusual Items | — | — | — | — | — | — | ($579.0m) | ($420.0m) | ($805.0m) | ($1.8b) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | — | ($579.0m) | ($420.0m) | ($805.0m) | ($1.8b) | |
| Income before taxes | $9.4b | $10.3b | $11.1b | $11.3b | $8.4b | $12.8b | $12.9b | $9.8b | $9.9b | $10.5b | |
| Pre-Tax Income | — | — | — | — | — | — | $12.9b | $9.7b | $9.9b | $10.5b | |
| Net income from investments in associated corporations | $414.0m | $407.0m | $559.0m | $650.0m | $242.0m | $339.0m | $268.0m | $153.0m | $198.0m | $608.0m | |
| Net income | $7.4b | $8.2b | $8.7b | $8.8b | $6.9b | $10.0b | $10.2b | $7.5b | $7.9b | $7.8b | |
| Net income attributable to non-controlling interests in subsidiaries | $251.0m | $238.0m | $176.0m | $408.0m | $75.0m | $331.0m | $258.0m | $118.0m | $134.0m | ($31.0m) | |
| Net income attributable to equity holders of the Bank | $7.1b | $8.0b | $8.5b | $8.4b | $6.8b | $9.6b | $9.9b | $7.4b | $7.8b | $7.8b | |
| Net Income Continuous Operations | — | — | — | — | — | — | $10.2b | $7.5b | $7.9b | $7.8b | |
| Net Income Including Noncontrolling Interests | — | — | — | — | — | — | $10.2b | $7.5b | $7.9b | $7.8b | |
| Basic Earnings (Loss) Per Share | $5.80 | $6.55 | $6.90 | $6.72 | $5.43 | $7.74 | $8.05 | $5.84 | $5.94 | $5.84 | |
| Diluted Earnings (Loss) Per Share | $5.77 | $6.49 | $6.82 | $6.68 | $5.30 | $7.70 | $8.02 | $5.78 | $5.87 | $5.67 | |
| Basic | $5.80 | $6.55 | $6.90 | $6.72 | $5.43 | $7.74 | $8.05 | $5.84 | $5.94 | $5.84 | |
| Diluted | $5.77 | $6.49 | $6.82 | $6.68 | $5.30 | $7.70 | $8.02 | $5.78 | $5.87 | $5.67 | |
| Basic Average Shares | — | — | — | — | — | — | $1.2b | $1.2b | $1.2b | $1.2b | |
| Diluted Average Shares | — | — | — | — | — | — | $1.2b | $1.2b | $1.2b | $1.2b | |
| Deferred Tax Expense (Income) | — | — | ($3.0m) | $331.0m | ($669.0m) | $267.0m | ($771.0m) | ($898.0m) | $438.0m | ($549.0m) | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | — | — | ($3.0m) | $331.0m | ($669.0m) | $267.0m | ($771.0m) | ($898.0m) | $438.0m | ($549.0m) | |
| Depreciation And Amortisation Expense | $684.0m | $761.0m | $848.0m | $1.1b | $1.5b | $1.5b | $1.5b | $1.8b | $1.8b | $1.6b | |
| Employee Benefits Expense | $7.0b | $7.4b | $7.5b | $8.4b | $8.6b | $8.5b | $8.8b | $9.6b | $9.9b | $10.8b | |
| Professional Fees Expense | $693.0m | $775.0m | $881.0m | $861.0m | $753.0m | $789.0m | $826.0m | $780.0m | $793.0m | $880.0m | |
| Interest Expense | $7.9b | $8.9b | $11.9b | $15.6b | $12.4b | $8.0b | $15.4b | $38.5b | $42.4b | $36.1b | |
| Interest Expense On Lease Liabilities | — | — | — | — | $117.0m | $105.0m | $107.0m | $114.0m | $119.0m | $125.0m | |
| Income Tax Expense Continuing Operations | $2.0b | $2.0b | $2.4b | $2.5b | $1.5b | $2.9b | $2.8b | $2.2b | $2.0b | $2.8b | |
| Income tax expense | $2.0b | $2.0b | $2.4b | $2.5b | $1.5b | $2.9b | $2.8b | $2.2b | $2.0b | $2.8b | |
| General And Administrative Expense | $7.0b | $7.4b | $7.5b | $8.4b | $8.6b | $8.5b | $8.8b | $9.6b | $9.9b | $10.8b | |
| Selling And Marketing Expense | $617.0m | $581.0m | $581.0m | $625.0m | $445.0m | $404.0m | $480.0m | $576.0m | $614.0m | $672.0m | |
| Total interest expenses | $7.9b | $8.9b | $11.9b | $15.6b | $12.4b | $8.0b | $15.4b | $38.5b | $42.4b | $36.1b | |
| Total non-interest expenses | $14.5b | $14.6b | $15.1b | $16.7b | $16.9b | $16.6b | $17.1b | $19.1b | $19.7b | $22.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.