BANK OF NOVA SCOTIA (BNS) financial statements: income statement, balance sheet and cash flow

BANK OF NOVA SCOTIA's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Oct 31, 2025 · FY), BANK OF NOVA SCOTIA reported revenue of $37.7B (+12.1% year on year) and net income of $7.8B (+0.4% year on year).

Income statement

BANK OF NOVA SCOTIA income statement, fiscal years

Line item	Oct 31, 2025 · FY	Oct 31, 2024 · FY	Oct 31, 2023 · FY	Oct 31, 2022 · FY
Loans	$44.3B	$47.8B	$45.0B	$29.4B
Securities	$7.9B	$9.2B	$6.8B	$2.9B
Securities purchased under resale agreements and securities borrowed	$2.8B	$1.6B	$1.5B	$459.0M
Deposits with financial institutions	$2.6B	$3.1B	$3.5B	$832.0M
Total interest income	$57.6B	$61.7B	$56.8B	$33.6B
Deposits	$33.4B	$39.5B	$35.6B	$12.8B
Subordinated debentures	$385.0M	$490.0M	$471.0M	$270.0M
Other	$2.3B	$2.4B	$2.4B	$2.4B
Total interest expenses	$36.1B	$42.4B	$38.5B	$15.4B
Net interest income	$21.5B	$19.3B	$18.3B	$18.1B
Card revenues	$892.0M	$869.0M	$778.0M	$779.0M
Banking services fees	$2.0B	$2.0B	$1.9B	$1.8B
Credit fees	$1.2B	$1.6B	$1.9B	$1.6B
Mutual funds	$2.6B	$2.3B	$2.1B	$2.3B
Brokerage fees	$1.4B	$1.3B	$1.1B	$1.1B
Investment management and trust	$1.2B	$1.1B	$1.0B	$999.0M
Underwriting and advisory fees	$964.0M	$702.0M	$554.0M	$543.0M
Non-trading foreign exchange	$948.0M	$930.0M	$911.0M	$878.0M
Trading revenues	$2.0B	$1.6B	$1.6B	$1.8B
Net gain on sale of investment securities	$71.0M	$48.0M	$129.0M	$74.0M
Net income from investments in associated corporations	$608.0M	$198.0M	$153.0M	$268.0M
Insurance service results	$485.0M	$470.0M	—	—
Other fees and commissions	$1.7B	$1.2B	$1.1B	$650.0M
Other	$206.0M	$151.0M	$348.0M	$75.0M
Total non-interest income	$16.2B	$14.4B	$14.0B	$13.3B
Total revenue	$37.7B	$33.7B	$32.3B	$31.4B
Provision for credit losses	$4.7B	$4.1B	$3.4B	$1.4B
Profit from operating activity	$33.0B	$29.6B	$28.9B	$30.0B
Salaries and employee benefits	$10.8B	$9.9B	$9.6B	$8.8B
Premises and technology	$3.3B	$2.9B	$2.7B	$2.4B
Depreciation and amortization	$1.6B	$1.8B	$1.8B	$1.5B
Communications	$384.0M	$381.0M	$395.0M	$361.0M
Advertising and business development	$672.0M	$614.0M	$576.0M	$480.0M
Professional	$880.0M	$793.0M	$780.0M	$826.0M
Business and capital taxes	$708.0M	$682.0M	$634.0M	$541.0M
Other	$4.1B	$2.7B	$2.7B	$2.1B
Total non-interest expenses	$22.5B	$19.7B	$19.1B	$17.1B
Income before taxes	$10.5B	$9.9B	$9.8B	$12.9B
Income tax expense	$2.8B	$2.0B	$2.2B	$2.8B
Net income	$7.8B	$7.9B	$7.5B	$10.2B
Net income attributable to non-controlling interests in subsidiaries	($31.0M)	$134.0M	$118.0M	$258.0M
Net income attributable to equity holders of the Bank	$7.8B	$7.8B	$7.4B	$9.9B
Preferred shareholders and other equity instrument holders	$506.0M	$472.0M	$419.0M	$260.0M
Common shareholders	$7.3B	$7.3B	$7.0B	$9.7B
Basic	$5.84	$5.94	$5.84	$8.05

BANK OF NOVA SCOTIA income statement, quarters

Line item	Jul 31, 2026 · YTD	Apr 30, 2026 · YTD	Jan 31, 2026 · Q1	Jul 31, 2025 · YTD
Loans	$31.3B	$20.5B	$10.4B	$33.3B
Securities	$5.1B	$3.3B	$1.7B	$6.1B
Securities purchased under resale agreements and securities borrowed	$2.6B	$1.6B	$802.0M	$2.0B
Deposits with financial institutions	$1.4B	$941.0M	$458.0M	$2.0B
Total interest income	$40.5B	$26.4B	$13.3B	$43.4B
Deposits	$21.7B	$14.2B	$7.2B	$25.4B
Subordinated debentures	$211.0M	$143.0M	$76.0M	$295.0M
Other	$1.6B	$984.0M	$466.0M	$1.7B
Total interest expenses	$23.5B	$15.3B	$7.7B	$27.5B
Net interest income	$17.0B	$11.1B	$5.6B	$15.9B
Card revenues	$692.0M	$457.0M	$252.0M	$669.0M
Banking services fees	$1.4B	$937.0M	$482.0M	$1.5B
Credit fees	$1.0B	$642.0M	$327.0M	$931.0M
Mutual funds	$2.2B	$1.4B	$720.0M	$1.9B
Brokerage fees	$1.3B	$818.0M	$413.0M	$1.1B
Investment management and trust	$918.0M	$606.0M	$302.0M	$866.0M
Underwriting and advisory fees	$909.0M	$479.0M	$250.0M	$703.0M
Non-trading foreign exchange	$784.0M	$518.0M	$251.0M	$708.0M
Trading revenues	$1.6B	$1.1B	$703.0M	$1.5B
Net gain on sale of investment securities	$46.0M	$33.0M	$19.0M	$60.0M
Net income from investments in associated corporations	$633.0M	$411.0M	$189.0M	$429.0M
Insurance service results	$398.0M	$257.0M	$122.0M	$365.0M
Other fees and commissions	$1.3B	$833.0M	$418.0M	$1.2B
Other	($106.0M)	($169.0M)	($384.0M)	$111.0M
Total non-interest income	$13.0B	$8.4B	$4.1B	$12.0B
Total revenue	$30.0B	$19.5B	$9.6B	$27.9B
Provision for credit losses	$3.5B	$2.4B	$1.2B	$3.6B
Profit from operating activity	$26.5B	$17.1B	$8.5B	$24.3B
Salaries and employee benefits	$8.8B	$5.7B	$2.9B	$8.0B
Premises and technology	$2.5B	$1.6B	$799.0M	$2.4B
Depreciation and amortization	$1.2B	$795.0M	$385.0M	$1.2B
Communications	$271.0M	$183.0M	$92.0M	$289.0M
Advertising and business development	$565.0M	$364.0M	$185.0M	$484.0M
Professional	$535.0M	$336.0M	$159.0M	$646.0M
Business and capital taxes	$499.0M	$344.0M	$179.0M	$532.0M
Other	$1.7B	$1.1B	$559.0M	$3.1B
Total non-interest expenses	$16.0B	$10.5B	$5.3B	$16.7B
Income before taxes	$10.5B	$6.6B	$3.2B	$7.6B
Income tax expense	$2.6B	$1.7B	$872.0M	$2.1B
Net income	$7.9B	$4.9B	$2.3B	$5.6B
Net income attributable to non-controlling interests in subsidiaries	$94.0M	$49.0M	$12.0M	($18.0M)
Net income attributable to equity holders of the Bank	$7.8B	$4.9B	$2.3B	$5.6B
Preferred shareholders and other equity instrument holders	$389.0M	$259.0M	$132.0M	$391.0M
Common shareholders	$7.4B	$4.6B	$2.2B	$5.2B
Basic	$6.02	$3.75	$1.75	$4.14

Balance sheet

BANK OF NOVA SCOTIA balance sheet, fiscal years

Line item	Oct 31, 2025 · FY	Oct 31, 2024 · FY	Oct 31, 2023 · FY	Oct 31, 2022 · FY
Cash and deposits with financial institutions	$66.0B	$63.9B	$90.3B	$65.9B
Precious metals	$5.2B	$2.5B	$937.0M	$543.0M
Securities	$140.8B	$119.9B	$107.6B	$103.5B
Loans	$8.5B	$7.6B	$7.5B	$7.8B
Other	$2.9B	$2.2B	$2.7B	$1.8B
Total trading assets	$152.2B	$129.7B	$117.9B	$113.2B
Securities purchased under resale agreements and securities borrowed	$203.0B	$200.5B	$199.3B	$175.3B
Derivative financial instruments	$46.5B	$44.4B	$51.3B	$55.7B
Investment securities	$149.9B	$152.8B	$118.2B	$110.0B
Residential mortgages	$370.2B	$350.9B	$344.2B	$349.3B
Personal loans	$110.6B	$106.4B	$104.2B	$99.4B
Credit cards	$18.0B	$17.4B	$17.1B	$14.5B
Business and government	$279.7B	$292.7B	$291.8B	$287.1B
Total loans gross	$778.5B	$767.4B	$757.3B	$750.3B
Allowance for credit losses	$7.5B	$6.5B	$6.4B	$5.3B
Total loans net	$771.0B	$760.8B	$750.9B	$745.0B
Customers' liability under acceptances, net of allowance	$177.0M	$148.0M	$18.6B	$19.5B
Property and equipment	$4.9B	$5.3B	$5.6B	$5.7B
Investments in associates	$6.3B	$1.8B	$1.9B	$2.6B
Goodwill and other intangible assets	$16.2B	$16.9B	$17.2B	$16.8B
Deferred tax assets	$3.3B	$2.9B	$3.5B	$1.9B
Other assets	$35.4B	$30.3B	$34.9B	$37.3B
Total other	$66.2B	$57.3B	$81.9B	$83.8B
Total assets	$1.5T	$1.4T	$1.4T	$1.3T
Personal	$301.7B	$298.8B	$288.6B	$265.9B
Business and government	$627.7B	$600.1B	$612.3B	$597.6B
Financial institutions	$36.9B	$44.9B	$51.4B	$52.7B
Total deposits	$966.3B	$943.8B	$952.3B	$916.2B
Financial instruments designated at fair value through profit or loss	$47.2B	$36.3B	$26.8B	$22.4B
Acceptances	$178.0M	$149.0M	$18.7B	$19.5B
Obligations related to securities sold short	$38.1B	$35.0B	$36.4B	$40.4B
Derivative financial instruments	$56.0B	$51.3B	$58.7B	$65.9B
Obligations related to securities sold under repurchase agreements and securities lent	$189.1B	$190.4B	$160.0B	$139.0B
Subordinated debentures	$7.7B	$7.8B	$9.7B	$8.5B
Other liabilities	$66.9B	$63.0B	$69.5B	$62.7B
Total other	$358.0B	$347.8B	$353.0B	$336.1B
Total liabilities	$1.4T	$1.3T	$1.3T	$1.3T
Common shares	22.1B	22.1B	20.1B	18.7B
Retained earnings	$58.9B	$57.8B	$55.7B	$53.8B
Accumulated other comprehensive income (loss)	($3.8B)	($6.1B)	($6.9B)	($7.2B)
Other reserves	($230.0M)	($68.0M)	($84.0M)	($152.0M)
Total common equity	$76.9B	$73.6B	$68.9B	$65.2B
Preferred shares and other equity instruments	9.9B	8.8B	8.1B	8.1B
Total equity attributable to equity holders of the Bank	$86.9B	$82.4B	$76.9B	$73.2B
Non-controlling interests in subsidiaries	$1.7B	$1.7B	$1.7B	$1.5B

BANK OF NOVA SCOTIA balance sheet, quarters

Line item	Jul 31, 2026	Apr 30, 2026	Jan 31, 2026	Jul 31, 2025
Cash and deposits with financial institutions	$62.5B	$79.3B	$73.8B	$69.7B
Precious metals	$5.9B	$10.2B	$11.5B	$5.8B
Securities	$154.7B	$149.7B	$151.8B	$125.4B
Loans	$6.5B	$6.5B	$8.1B	$8.1B
Other	$1.4B	$1.4B	$1.2B	$2.9B
Total trading assets	$162.5B	$157.7B	$161.0B	$136.5B
Securities purchased under resale agreements and securities borrowed	$273.6B	$253.2B	$215.4B	$185.4B
Derivative financial instruments	$50.5B	$46.7B	$47.8B	$43.8B
Investment securities	$152.7B	$149.8B	$142.4B	$149.2B
Residential mortgages	$366.6B	$368.5B	$368.6B	$360.9B
Personal loans	$108.0B	$108.4B	$107.6B	$107.9B
Credit cards	$16.4B	$16.0B	$16.1B	$17.5B
Business and government	$286.9B	$271.7B	$270.2B	$282.5B
Total loans gross	$777.9B	$764.6B	$762.5B	$768.8B
Allowance for credit losses	$7.3B	$7.2B	$7.0B	$7.2B
Total loans net	$770.6B	$757.4B	$755.5B	$761.6B
Customers' liability under acceptances, net of allowance	$161.0M	$155.0M	$173.0M	$133.0M
Property and equipment	$5.6B	$5.3B	$5.3B	$4.8B
Investments in associates	$8.2B	$7.7B	$7.6B	$6.0B
Goodwill and other intangible assets	$16.0B	$16.0B	$16.1B	$16.1B
Deferred tax assets	$3.1B	$3.1B	$3.3B	$3.0B
Other assets	$36.9B	$35.0B	$36.1B	$32.7B
Total other	$70.0B	$67.2B	$68.5B	$62.8B
Total assets	$1.5T	$1.5T	$1.5T	$1.4T
Personal	$298.1B	$295.2B	$295.2B	$301.5B
Business and government	$668.7B	$644.3B	$631.4B	$605.9B
Financial institutions	$39.3B	$41.9B	$45.1B	$39.4B
Total deposits	$1.0T	$981.5B	$971.7B	$946.8B
Financial instruments designated at fair value through profit or loss	$52.9B	$48.6B	$47.7B	$43.5B
Acceptances	$162.0M	$157.0M	$174.0M	$134.0M
Obligations related to securities sold short	$40.0B	$38.1B	$33.1B	$34.7B
Derivative financial instruments	$58.3B	$56.9B	$58.2B	$52.9B
Obligations related to securities sold under repurchase agreements and securities lent	$226.3B	$238.7B	$204.8B	$182.2B
Subordinated debentures	$6.9B	$5.8B	$5.8B	$7.6B
Other liabilities	$67.1B	$63.3B	$65.5B	$61.3B
Total other	$398.8B	$402.8B	$367.5B	$338.8B
Total liabilities	$1.5T	$1.4T	$1.4T	$1.3T
Common shares	21.9B	22.0B	22.1B	22.1B
Retained earnings	$60.4B	$59.9B	$59.3B	$58.7B
Accumulated other comprehensive income (loss)	($3.0B)	($4.6B)	($3.7B)	($5.3B)
Other reserves	($58.0M)	($52.0M)	($51.0M)	($224.0M)
Total common equity	$79.2B	$77.2B	$77.6B	$75.3B
Preferred shares and other equity instruments	9.9B	9.9B	9.9B	8.5B
Total equity attributable to equity holders of the Bank	$89.2B	$87.2B	$87.6B	$83.8B
Non-controlling interests in subsidiaries	$1.5B	$1.4B	$1.4B	$1.7B

Cash flow statement

BANK OF NOVA SCOTIA cash flow statement, fiscal years

Line item	Oct 31, 2025 · FY	Oct 31, 2024 · FY	Oct 31, 2023 · FY	Oct 31, 2022 · FY
Net income	$7.8B	$7.9B	$7.5B	$10.2B
Net interest income	($21.5B)	($19.3B)	($18.3B)	($18.1B)
Depreciation and amortization	$1.6B	$1.8B	$1.8B	$1.5B
Provision for credit losses	$4.7B	$4.1B	$3.4B	$1.4B
Equity-settled share-based payment expense	$15.0M	$13.0M	$14.0M	$10.0M
Net gain on sale of investment securities	($71.0M)	($48.0M)	($129.0M)	($74.0M)
Net (gain)/loss on divestitures	$1.4B	$136.0M	($367.0M)	$233.0M
Net income from investments in associated corporations	($608.0M)	($198.0M)	($153.0M)	($268.0M)
Income tax expense	$2.8B	$2.0B	$2.2B	$2.8B
Trading assets	($20.5B)	($11.4B)	($2.7B)	$37.5B
Securities purchased under resale agreements and securities borrowed	($4.0M)	$108.0M	($19.0B)	($41.4B)
Loans	($6.6B)	($17.7B)	$4.4B	($97.2B)
Deposits	$19.5B	($816.0M)	$19.5B	$95.9B
Obligations related to securities sold short	$2.7B	($1.7B)	($4.6B)	($1.3B)
Obligations related to securities sold under repurchase agreements and securities lent	($4.0B)	$28.8B	$15.9B	$10.8B
Net derivative financial instruments	$6.5B	$4.2B	$2.1B	$115.0M
Other, net	($5.6B)	$457.0M	($219.0M)	($1.4B)
Interest and dividends received	$58.1B	$61.3B	$55.6B	$31.9B
Interest paid	($37.2B)	($42.3B)	($34.7B)	($13.3B)
Income tax paid	($3.6B)	($2.0B)	($2.1B)	($3.5B)
Net cash from/(used in) operating activities	$5.4B	$15.7B	$31.7B	$16.9B
Interest-bearing deposits with financial institutions	($344.0M)	$25.6B	($23.5B)	$25.8B
Purchase of investment securities	($70.1B)	($108.3B)	($100.9B)	($97.7B)
Proceeds from sale and maturity of investment securities	$75.5B	$76.8B	$94.9B	$63.1B
Acquisition/divestiture of subsidiaries, associated corporations or business units, net of cash acquired	($2.6B)	—	$895.0M	($549.0M)
Property and equipment, net of disposals	($347.0M)	($489.0M)	($442.0M)	($571.0M)
Other, net	($463.0M)	($1.0B)	($911.0M)	($1.4B)
Net cash from/(used in) investing activities	$1.6B	($7.5B)	($30.0B)	($11.3B)
Redemption of subordinated debentures	($250.0M)	($3.3B)	($78.0M)	($1.3B)
Proceeds from preferred shares and other equity instruments issued	2.8B	1.0B	—	2.5B
Redemption of preferred shares and other equity instruments	-1.7B	—	—	—
Proceeds from common shares issued	210.0M	1.9B	1.4B	137.0M
Common shares purchased for cancellation	-895.0M	—	—	-2.9B
Cash dividends and distributions paid	($5.9B)	($5.7B)	($5.4B)	($5.1B)
Distributions to non-controlling interests	($82.0M)	($88.0M)	($101.0M)	($115.0M)
Payment of lease liabilities	($298.0M)	($303.0M)	($325.0M)	($322.0M)
Other, net	($278.0M)	($3.2B)	$311.0M	($391.0M)
Net cash from/(used in) financing activities	($6.3B)	($8.8B)	($2.8B)	($4.6B)
Effect of exchange rate changes on cash and cash equivalents	$183.0M	($131.0M)	$190.0M	$301.0M
Net change in cash and cash equivalents	$850.0M	($767.0M)	($892.0M)	$1.4B
Cash and cash equivalents at beginning of year	$9.4B	$10.2B	$11.1B	$9.7B
Cash and cash equivalents at end of year	$10.3B	$9.4B	$10.2B	$11.1B

BANK OF NOVA SCOTIA cash flow statement, quarters

Line item	Jul 31, 2026 · YTD	Apr 30, 2026 · YTD	Jan 31, 2026	Jul 31, 2025 · YTD
Net income	$7.9B	$4.9B	—	$5.6B
Net interest income	($17.0B)	($11.1B)	—	($15.9B)
Depreciation and amortization	$1.2B	$795.0M	—	$1.2B
Provision for credit losses	$3.5B	$2.4B	—	$3.6B
Equity-settled share-based payment expense	$9.0M	$10.0M	—	$13.0M
Net gain on sale of investment securities	($46.0M)	($33.0M)	—	($60.0M)
Net (gain)/loss on divestitures	$434.0M	$434.0M	—	$1.4B
Net income from investments in associated corporations	($633.0M)	($411.0M)	—	($429.0M)
Income tax expense	$2.6B	$1.7B	—	$2.1B
Trading assets	($10.3B)	($8.2B)	—	($6.1B)
Securities purchased under resale agreements and securities borrowed	($69.7B)	($54.7B)	—	$15.6B
Loans	($18.0B)	($10.5B)	—	($3.0B)
Deposits	$60.9B	$47.2B	—	$6.6B
Obligations related to securities sold short	$1.8B	$345.0M	—	($501.0M)
Obligations related to securities sold under repurchase agreements and securities lent	$36.6B	$54.8B	—	($8.8B)
Net derivative financial instruments	($1.8B)	($631.0M)	—	$4.6B
Other, net	$1.4B	($5.8B)	—	($6.9B)
Interest and dividends received	$40.5B	$26.5B	—	$43.9B
Interest paid	($23.6B)	($15.8B)	—	($28.4B)
Income tax paid	($2.7B)	($1.9B)	—	($2.8B)
Net cash from/(used in) operating activities	$13.1B	$30.0B	—	$11.6B
Interest-bearing deposits with financial institutions	$2.9B	($16.9B)	—	($3.3B)
Purchase of investment securities	($67.7B)	($45.7B)	—	($57.1B)
Proceeds from sale and maturity of investment securities	$61.2B	$39.6B	—	$60.5B
Acquisition/divestiture of subsidiaries, associated corporations or business units, net of cash acquired	($1.3B)	($1.2B)	—	($2.6B)
Property and equipment, net of disposals	($483.0M)	($356.0M)	—	($197.0M)
Other, net	($24.0M)	$59.0M	—	($308.0M)
Net cash from/(used in) investing activities	($5.5B)	($24.5B)	—	($3.1B)
Proceeds from issue of subordinated debentures	$1.3B	—	—	—
Redemption of subordinated debentures	($1.8B)	($1.8B)	—	($250.0M)
Proceeds from common shares issued	196.0M	140.0M	—	94.0M
Common shares purchased for cancellation	-2.1B	-1.1B	—	-240.0M
Cash dividends and distributions paid	($4.5B)	($3.0B)	—	($4.4B)
Distributions to non-controlling interests	($69.0M)	($52.0M)	—	($63.0M)
Payment of lease liabilities	($230.0M)	($148.0M)	—	($225.0M)
Other, net	($391.0M)	($520.0M)	—	($873.0M)
Net cash from/(used in) financing activities	($7.7B)	($6.5B)	—	($6.2B)
Effect of exchange rate changes on cash and cash equivalents	$60.0M	($124.0M)	—	$1.0M
Net change in cash and cash equivalents	$73.0M	($1.2B)	—	$2.3B
Cash and cash equivalents at beginning of period	$10.3B	$10.3B	—	$9.4B
Cash and cash equivalents at end of period	$10.3B	$9.1B	$8.7B	$11.7B

BANK OF NOVA SCOTIA score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.