The Bank of Nova Scotia (BNS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Net Interest Income | 5.52B | 5.58B | 5.59B | 5.49B | 5.27B | 5.17B | 4.92B | 4.86B | 4.69B | 4.77B | 4.67B | 4.57B | 4.46B | 4.56B | 4.62B | 4.68B | 4.47B | 4.34B | 4.22B | 4.22B |
| NII Growth % | 4.76% | 7.91% | 13.47% | 12.98% | 12.27% | 8.38% | 5.37% | 6.32% | 5.25% | 4.6% | 1.08% | -2.2% | -0.29% | 5.04% | 9.6% | 10.88% | 7.11% | -0.16% | -0.96% | -0.85% |
| Net Interest Margin % | 0.36% | 0.38% | 0.38% | 0.39% | 0.37% | 0.36% | 0.35% | 0.35% | 0.34% | 0.34% | 0.33% | 0.33% | 0.32% | 0.33% | 0.34% | 0.36% | 0.35% | 0.35% | 0.36% | 0.36% |
| Interest Income | 13.1B | 13.33B | 14.21B | 14.12B | 14.29B | 14.98B | 15.32B | 15.68B | 15.21B | 15.44B | 15.11B | 14.69B | 13.87B | 13.16B | 11.12B | 8.88B | 7.09B | 6.46B | 6.19B | 6.1B |
| Interest Expense | 7.57B | 7.75B | 8.63B | 8.63B | 9.02B | 9.81B | 10.4B | 10.82B | 10.52B | 10.67B | 10.44B | 10.11B | 9.4B | 8.59B | 6.5B | 4.21B | 2.62B | 2.12B | 1.97B | 1.88B |
| Loan Loss Provision | 1.22B | 1.18B | 1.11B | 1.04B | 1.4B | 1.16B | 1.03B | 1.05B | -10.52B | -10.67B | -10.44B | -10.11B | -9.4B | -8.59B | -6.5B | -4.21B | -2.62B | -2.12B | -1.97B | -1.88B |
| Non-Interest Income | 4.09B | 4.3B | 3.99B | 3.84B | 3.66B | 4.09B | 3.56B | 3.59B | 3.35B | -7.05B | -7.19B | -6.65B | -6B | -5.19B | -3.54B | -1.13B | 766M | 1.5B | 1.41B | 1.58B |
| Non-Interest Income % | 23.82% | 24.38% | 21.93% | 21.36% | 20.39% | 21.43% | 18.86% | 18.63% | 18.05% | -84.08% | -90.7% | -82.81% | -76.35% | -65.19% | -46.73% | -14.57% | 9.75% | 18.79% | 18.51% | 20.6% |
| Total Revenue | 17.19B | 17.63B | 18.21B | 17.96B | 17.95B | 19.07B | 18.89B | 19.27B | 18.56B | 8.39B | 7.92B | 8.04B | 7.87B | 7.96B | 7.58B | 7.75B | 7.86B | 7.96B | 7.59B | 7.68B |
| Revenue Growth % | -4.22% | -7.54% | -3.6% | -6.84% | -3.32% | 127.33% | 138.38% | 139.88% | 136.02% | 5.31% | 4.57% | 3.61% | 0.09% | 0.08% | -0.18% | 0.92% | 3.08% | -0.71% | 1.7% | 0.47% |
| Non-Interest Expense | 4.97B | 5.53B | 5.6B | 4.93B | 4.96B | 6.38B | 8.48B | 8.45B | 976M | -5.68B | -6.43B | -5.35B | 4.16B | 3.46B | 1.45B | -404M | -1.75B | -2.32B | -2.44B | -2.6B |
| Efficiency Ratio | 28.9% | 31.39% | 30.78% | 27.47% | 27.64% | 33.45% | 44.93% | 43.86% | 5.26% | -67.72% | -81.17% | -66.55% | 52.85% | 43.46% | 19.12% | -5.21% | -22.31% | -29.19% | -32.2% | -33.85% |
| Operating Income | 3.43B | 3.17B | 2.86B | 3.36B | 2.57B | 1.72B | 0 | 2.07B | 31M | 2.71B | 1.49B | 2.69B | 12.02B | 11.43B | 9.03B | 7.35B | 6.11B | 5.63B | 5.15B | 5.08B |
| Operating Margin % | 19.96% | 17.99% | 15.72% | 18.69% | 14.33% | 9.02% | 0% | 10.76% | 0.17% | 32.28% | 18.83% | 33.45% | 152.85% | 143.46% | 119.12% | 94.79% | 77.69% | 70.81% | 67.8% | 66.15% |
| Operating Income Growth % | 33.4% | 84.47% | - | 61.89% | 8196.77% | -36.5% | -100% | -22.88% | -99.74% | -76.31% | -83.47% | -63.43% | 96.92% | 102.75% | 75.36% | 44.62% | 19.26% | 8.97% | 10.95% | 17.69% |
| Pretax Income | 3.43B | 3.17B | 2.86B | 3.36B | 2.57B | 1.72B | 2.2B | 2.36B | 2.57B | 2.73B | 1.52B | 2.71B | 2.64B | 2.88B | 2.57B | 3.2B | 3.56B | 3.6B | 3.25B | 3.28B |
| Pretax Margin % | 19.96% | 17.99% | 15.72% | 18.69% | 14.33% | 9.02% | 11.65% | 12.26% | 13.86% | 32.57% | 19.22% | 33.71% | 33.62% | 36.14% | 33.89% | 41.21% | 45.36% | 45.29% | 42.79% | 42.69% |
| Income Tax | 799M | 872M | 656M | 829M | 540M | 726M | 511M | 451M | 537M | 533M | 138M | 497M | 485M | 1.11B | 475M | 602M | 817M | 864M | 689M | 738M |
| Effective Tax Rate % | 23.29% | 27.5% | 22.92% | 24.7% | 21% | 42.23% | 23.23% | 19.09% | 20.88% | 19.51% | 9.06% | 18.35% | 18.34% | 38.43% | 18.5% | 18.84% | 22.92% | 23.97% | 21.21% | 22.5% |
| Net Income | 2.6B | 2.29B | 2.22B | 2.45B | 1.98B | 1.15B | 1.64B | 1.88B | 2.07B | 2.17B | 1.35B | 2.17B | 2.12B | 1.72B | 2.06B | 2.54B | 2.67B | 2.65B | 2.49B | 2.46B |
| Net Margin % | 15.1% | 12.97% | 12.19% | 13.63% | 11.01% | 6.02% | 8.69% | 9.73% | 11.13% | 25.92% | 17.09% | 27.03% | 26.98% | 21.61% | 27.12% | 32.75% | 33.97% | 33.32% | 32.79% | 32.03% |
| Net Income Growth % | 31.33% | 99.39% | 35.14% | 30.44% | -4.36% | -47.24% | 21.27% | -13.63% | -2.64% | 26.32% | -34.11% | -14.49% | -20.49% | -35.11% | -17.44% | 3.21% | 12.81% | 14.9% | 36.23% | 81.62% |
| Net Income (Continuing) | 2.63B | 2.3B | 2.21B | 2.53B | 2.03B | 993M | 1.69B | 1.91B | 2.09B | 2.15B | 1.37B | 2.19B | 2.1B | 1.76B | 2.04B | 2.55B | 2.66B | 2.65B | 2.46B | 2.47B |
| EPS (Diluted) | 2.00 | 1.73 | 1.65 | 1.84 | 1.48 | 0.66 | 1.22 | 1.41 | 1.57 | 1.68 | 1.03 | 1.72 | 1.69 | 1.36 | 1.58 | 2.11 | 2.22 | 2.23 | 1.97 | 1.99 |
| EPS Growth % | 35.14% | 162.12% | 35.25% | 30.5% | -5.73% | -60.71% | 18.45% | -18.02% | -7.1% | 23.53% | -34.81% | -18.48% | -23.87% | -39.01% | -19.8% | 6.03% | 18.09% | 19.89% | 38.73% | 91.35% |
| EPS (Basic) | 2.01 | 1.75 | 1.66 | 1.84 | 1.48 | 0.67 | 1.23 | 1.43 | 1.59 | 1.70 | 1.03 | 1.74 | 1.70 | 1.37 | 1.64 | 2.13 | 2.23 | 2.26 | 1.98 | 2.00 |
| Diluted Shares Outstanding | 906.38M | 1.25B | 1.25B | 1.25B | 1.25B | 1.25B | 1.24B | 1.24B | 1.23B | 1.22B | 1.21B | 1.21B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.23B | 1.22B | 1.22B |