Bank of Nova Scotia Past Earnings Performance
Past criteria checks 2/6
Bank of Nova Scotia has been growing earnings at an average annual rate of 1.2%, while the Banks industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 2.3% per year. Bank of Nova Scotia's return on equity is 9.9%, and it has net margins of 25.3%.
Key information
1.2%
Earnings growth rate
1.7%
EPS growth rate
| Banks Industry Growth | 6.2% |
| Revenue growth rate | 2.3% |
| Return on equity | 9.9% |
| Net Margin | 25.3% |
| Next Earnings Update | 28 May 2024 |
Recent past performance updates
Recent updates
Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.06
Jun 21
With EPS Growth And More, Bank of Nova Scotia (TSE:BNS) Makes An Interesting Case
Jul 07Bank of Nova Scotia (TSE:BNS) Is Increasing Its Dividend To CA$1.03
Jun 02Is Now The Time To Put Bank of Nova Scotia (TSE:BNS) On Your Watchlist?
Apr 05Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90
Sep 24Bank of Nova Scotia (TSE:BNS) Is Due To Pay A Dividend Of CA$0.90
Sep 10Bank of Nova Scotia's (TSE:BNS) Dividend Will Be CA$0.90
Aug 27Bank of Nova Scotia (TSE:BNS) Has Affirmed Its Dividend Of CA$0.90
Jun 04Revenue & Expenses BreakdownBeta
How Bank of Nova Scotia makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jan 24 | 29,399 | 7,437 | 16,033 | 0 |
| 31 Oct 23 | 29,252 | 6,991 | 15,826 | 0 |
| 31 Jul 23 | 28,679 | 7,684 | 15,289 | 0 |
| 30 Apr 23 | 28,795 | 8,102 | 14,993 | 0 |
| 31 Jan 23 | 29,298 | 8,668 | 14,614 | 0 |
| 31 Oct 22 | 29,801 | 9,656 | 14,458 | 0 |
| 31 Jul 22 | 30,447 | 10,118 | 14,268 | 0 |
| 30 Apr 22 | 30,437 | 10,040 | 14,161 | 0 |
| 31 Jan 22 | 29,954 | 9,734 | 14,070 | 0 |
| 31 Oct 21 | 29,435 | 9,391 | 13,965 | 0 |
| 31 Jul 21 | 28,299 | 8,725 | 13,829 | 0 |
| 30 Apr 21 | 26,475 | 7,631 | 13,766 | 0 |
| 31 Jan 21 | 25,345 | 6,585 | 13,892 | 0 |
| 31 Oct 20 | 25,252 | 6,582 | 14,096 | 0 |
| 31 Jul 20 | 26,093 | 6,974 | 14,274 | 0 |
| 30 Apr 20 | 27,486 | 7,481 | 14,429 | 0 |
| 31 Jan 20 | 28,306 | 8,363 | 14,310 | 0 |
| 31 Oct 19 | 27,882 | 8,208 | 14,153 | 0 |
| 31 Jul 19 | 27,650 | 8,185 | 13,992 | 0 |
| 30 Apr 19 | 26,942 | 8,302 | 13,588 | 0 |
| 31 Jan 19 | 26,536 | 8,219 | 13,335 | 0 |
| 31 Oct 18 | 26,164 | 8,361 | 12,691 | 0 |
| 31 Jul 18 | 25,582 | 8,233 | 12,382 | 0 |
| 30 Apr 18 | 25,665 | 8,293 | 12,301 | 0 |
| 31 Jan 18 | 25,135 | 8,216 | 12,143 | 0 |
| 31 Oct 17 | 24,906 | 7,876 | 12,272 | 0 |
| 31 Jul 17 | 24,831 | 7,798 | 12,154 | 0 |
| 30 Apr 17 | 24,579 | 7,642 | 11,958 | 0 |
| 31 Jan 17 | 24,427 | 7,166 | 11,742 | 0 |
| 31 Oct 16 | 23,938 | 6,987 | 11,610 | 0 |
| 31 Jul 16 | 23,311 | 6,833 | 11,291 | 0 |
| 30 Apr 16 | 22,886 | 6,740 | 11,196 | 0 |
| 31 Jan 16 | 22,533 | 6,978 | 11,072 | 0 |
| 31 Oct 15 | 22,107 | 6,897 | 10,836 | 0 |
| 31 Jul 15 | 21,706 | 6,486 | 10,741 | 0 |
| 30 Apr 15 | 22,151 | 6,986 | 10,603 | 0 |
| 31 Jan 15 | 22,012 | 6,958 | 10,439 | 0 |
| 31 Oct 14 | 21,901 | 6,916 | 10,386 | 0 |
| 31 Jul 14 | 21,807 | 7,140 | 10,342 | 0 |
| 30 Apr 14 | 20,919 | 6,510 | 10,230 | 0 |
| 31 Jan 14 | 20,439 | 6,278 | 10,184 | 0 |
| 31 Oct 13 | 20,011 | 6,162 | 9,833 | 0 |
| 31 Jul 13 | 19,475 | 5,993 | 9,736 | 0 |
| 30 Apr 13 | 19,384 | 6,302 | 9,459 | 0 |
Quality Earnings: BNS has high quality earnings.
Growing Profit Margin: BNS's current net profit margins (25.3%) are lower than last year (29.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BNS's earnings have grown by 1.2% per year over the past 5 years.
Accelerating Growth: BNS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BNS had negative earnings growth (-14.2%) over the past year, making it difficult to compare to the Banks industry average (0.5%).
Return on Equity
High ROE: BNS's Return on Equity (9.9%) is considered low.