The Bank of Nova Scotia

TSX:BNS Stock Report

Market Cap: CA$96.4b

Bank of Nova Scotia Past Earnings Performance

Past criteria checks 3/6

Bank of Nova Scotia's earnings have been declining at an average annual rate of -0.6%, while the Banks industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 2.2% per year. Bank of Nova Scotia's return on equity is 9.4%, and it has net margins of 24.7%.

Key information

-0.6%

Earnings growth rate

-0.4%

EPS growth rate

Banks Industry Growth6.2%
Revenue growth rate2.2%
Return on equity9.4%
Net Margin24.7%
Last Earnings Update31 Oct 2024

Recent past performance updates

Recent updates

Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Dec 06
Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Aug 30
Bank of Nova Scotia (TSE:BNS) Is Paying Out A Dividend Of CA$1.06

Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Jun 14
Bank of Nova Scotia (TSE:BNS) Will Pay A Dividend Of CA$1.06

Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

May 31
Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$1.06

Revenue & Expenses Breakdown

How Bank of Nova Scotia makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:BNS Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2429,4837,28616,2990
31 Jul 2429,5997,05116,2940
30 Apr 2429,5357,36216,1140
31 Jan 2429,3997,43716,0330
31 Oct 2329,1596,91915,8170
31 Jul 2328,6407,65415,2850
30 Apr 2328,7798,09114,9930
31 Jan 2329,2988,66814,6140
31 Oct 2229,8019,65614,4580
31 Jul 2230,44710,11814,2680
30 Apr 2230,43710,04014,1610
31 Jan 2229,9549,73414,0700
31 Oct 2129,4359,39113,9650
31 Jul 2128,2998,72513,8290
30 Apr 2126,4757,63113,7660
31 Jan 2125,3456,58513,8920
31 Oct 2025,2526,58214,0960
31 Jul 2026,0936,97414,2740
30 Apr 2027,4867,48114,4290
31 Jan 2028,3068,36314,3100
31 Oct 1927,8828,20814,1530
31 Jul 1927,6508,18513,9920
30 Apr 1926,9428,30213,5880
31 Jan 1926,5368,21913,3350
31 Oct 1826,1648,36112,6910
31 Jul 1825,5828,23312,3820
30 Apr 1825,6658,29312,3010
31 Jan 1825,1358,21612,1430
31 Oct 1724,9067,87612,2720
31 Jul 1724,8317,79812,1540
30 Apr 1724,5797,64211,9580
31 Jan 1724,4277,16611,7420
31 Oct 1623,9386,98711,6100
31 Jul 1623,3116,83311,2910
30 Apr 1622,8866,74011,1960
31 Jan 1622,5336,97811,0720
31 Oct 1522,1076,89710,8360
31 Jul 1521,7066,48610,7410
30 Apr 1522,1516,98610,6030
31 Jan 1522,0126,95810,4390
31 Oct 1421,9016,91610,3860
31 Jul 1421,8077,14010,3420
30 Apr 1420,9196,51010,2300
31 Jan 1420,4396,27810,1840

Quality Earnings: BNS has high quality earnings.

Growing Profit Margin: BNS's current net profit margins (24.7%) are higher than last year (23.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BNS's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: BNS's earnings growth over the past year (5.3%) exceeds its 5-year average (-0.6% per year).

Earnings vs Industry: BNS earnings growth over the past year (5.3%) did not outperform the Banks industry 7.2%.

Return on Equity

High ROE: BNS's Return on Equity (9.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 05:03
End of Day Share Price 2024/12/18 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Bank of Nova Scotia is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
John AikenBarclays
Brian MortonBarclays