Bank of Nova Scotia Balance Sheet Health
Financial Health criteria checks 5/6
Bank of Nova Scotia has total assets of CA$1,412.0B and total equity of CA$84.1B. Total deposits are CA$943.8B, and total loans are CA$760.8B earning a Net Interest Margin of 2.2%. It has insufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are CA$433.2B.
Key information
16.8x
Asset to equity ratio
2.2%
Net interest margin
| Total deposits | CA$943.85b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | CA$433.19b |
Recent financial health updates
No updates
Recent updates
Scotiabank: Still Time To Buy This High-Yielding Blue-Chip Now
Dec 09Bank of Nova Scotia: Fixed Income Vs. Equity Investment
Oct 31Trade Alert: My Top Canadian Bank Pays High Dividends - Scotiabank
Oct 19Bank of Nova Scotia: Still Not The Time To Invest In Banks
Sep 27Scotiabank: This 6%-Yielding Dividend Stock Remains Buyable Now
Aug 29Scotiabank: 3 Reasons To Buy This 7% Yielding Anti-Bubble Blue Chip
Jul 11Scotiabank: A 7%-Yielding Blue Chip Dividend Stock To Buy Now
Jun 21Bank of Nova Scotia: Pressure On Residential Mortgage Loans Remains
Jun 07Scotiabank: Hold Rating Maintained Ahead Of Q2 Earnings
May 21Scotiabank: Appealing 6% Yield With Momentum On Its Side
Apr 01Scotiabank: A Sustainable 6.4% Yield At A Bargain Valuation
Mar 20Bank of Nova Scotia: Stable Fundamentals And High Expected Returns
Feb 06Scotiabank: A 7%-Yielding Ultra SWAN On Sale
Jan 06Scotiabank: Buy The +6% Yield While It's Undervalued
Dec 27Scotiabank: A 7% Dividend You Can Count On
Dec 05It's The Best Time In 4 Years To Buy 7% Yielding Scotiabank
Nov 24Scotiabank's Attractive Valuation
Nov 04Bank of Nova Scotia: Getting Closer To An Entry Point
Oct 18The Bank of Nova Scotia: Canadian Bank With LATAM Exposure For Income-Minded Investors
Sep 27Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors
Sep 14Near 7% Dividend Yield At Bank of Nova Scotia, A Buy Opportunity
Aug 24Scotiabank: Overlooked Risks Discussed
Jul 31Scotiabank: Dark Clouds On The Horizon Make Valuation Incidental
Jul 19Bank Of Nova Scotia Vs. Toronto-Dominion: High-Yield Showdown (Rating Upgrade)
Jun 06Bank of Nova Scotia: High 6% Dividend Yield, Safe Income Investment
May 29Scotiabank launches hybrid robo-adviser platform
Feb 06Bank Of Nova Scotia Is Forming A Bottom And The 6% Yield Looks Enticing
Jan 24Scotiabank: Back In Deep Bargain Territory
Dec 23Scotiabank: A Safe Bet For The Future
Oct 21Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BNS's Assets to Equity ratio (16.8x) is moderate.
Allowance for Bad Loans: BNS has a low allowance for bad loans (97%).
Low Risk Liabilities: 71% of BNS's liabilities are made up of primarily low risk sources of funding.
Loan Level: BNS has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: BNS's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: BNS has an appropriate level of bad loans (0.9%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 08:43 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| John Aiken | Barclays |
| Brian Morton | Barclays |