Bank of Nova Scotia (BNS)
Bank of Nova Scotia reported revenue of CA$37.7B in fiscal 2025, up 12.1% from a year earlier. Net income was CA$7.8B, a net margin of 20.6%. At October 31, 2025 it held CA$10.3B in cash.
Key facts about Bank of Nova Scotia
- Net worth
- Bank of Nova Scotia has a market value (market cap) of $113.8B at the latest share price, and shareholders' equity of CA$86.9B on its balance sheet at October 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was CA$37.7B (+12.1% year on year), with net income of CA$7.8B.
- Cash flow
- In fiscal 2025 operations brought in CA$5.4B of cash.
What Bank of Nova Scotia does
Bank of Nova Scotia, operating as Scotiabank, provides personal, commercial, and wealth management banking services. It offers deposit accounts, residential mortgages, credit cards, corporate lending, and investment services to retail and corporate customers across Canada, the United States, and Latin America. Its shares trade on NYSE under the ticker BNS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | CA$37.7B | CA$7.8B | CA$5.67 | n/a |
| 2024 | CA$33.7B | CA$7.8B | CA$5.87 | n/a |
| 2023 | CA$32.2B | CA$7.3B | CA$5.72 | n/a |
| 2022 | CA$31.4B | CA$9.9B | CA$8.02 | n/a |
| 2021 | CA$31.3B | CA$9.6B | CA$7.70 | n/a |
| 2020 | CA$31.3B | CA$6.8B | CA$5.30 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BNS ranks in Finance
Dividends
It paid out CA$5.9B in cash dividends, 75% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | CA$5.9B | 75% |
| 2024 | n/a | CA$5.7B | 73% |
| 2023 | n/a | CA$5.4B | 74% |
| 2022 | n/a | CA$5.1B | 52% |
| 2021 | n/a | CA$4.6B | 48% |
| 2020 | n/a | CA$4.6B | 67% |
Latest SEC filings
What Bank of Nova Scotia has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 21, 2026
- October 20, 2026Form SBSE-A/A filing SBSE-A/A
- October 19, 2026Passive stake changed SCHEDULE 13G/A
- October 19, 2026Passive stake changed SCHEDULE 13G/A
- October 19, 2026Passive stake (5% or more) SCHEDULE 13G
- October 19, 2026Passive stake changed SCHEDULE 13G/A
- October 19, 2026Passive stake (5% or more) SCHEDULE 13G
- October 19, 2026Passive stake changed SCHEDULE 13G/A
- October 19, 2026Passive stake (5% or more) SCHEDULE 13G
- October 19, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Bank of Nova Scotia did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns BNS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 211 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 13,594,189 | +2,752,009 |
| State Street Corp | 13,268,551 | +1,788,024 |
| AIGH Capital Management LLC | 7,271,000 | new |
| Vanguard Capital Management LLC | 6,820,265 | +1,005,068 |
| Two Sigma Investments, LP | 6,561,957 | +704,351 |
| D. E. Shaw & Co., Inc. | 4,258,980 | +269,760 |
| Marshall Wace, Llp | 3,931,656 | +745,961 |
| Geode Capital Management, LLC | 3,758,927 | +368,199 |
| Needham Investment Management LLC | 3,525,200 | new |
| Goldman Sachs Group Inc | 3,301,749 | +1,803,753 |
| Medina Value Partners, LLC | 3,279,375 | new |
| Nuveen, LLC | 3,081,184 | +1,088,159 |
| Silverberg Bernstein Capital Management LLC | 2,788,920 | +135,008 |
| Dimensional Fund Advisors LP | 2,293,072 | +411,761 |
| Northern Trust Corp | 1,935,273 | +790,043 |
| Balyasny Asset Management L.P. | 1,759,470 | +1,743,802 |
| Archon Capital Management LLC | 1,746,221 | +1,200,000 |
| Renaissance Technologies LLC | 1,632,334 | +472,784 |
| Clark Estates Inc | 1,418,614 | 0 |
| UBS Group AG | 1,309,459 | -773,299 |
Insiders
Questions about BNS
What does Bank of Nova Scotia do?
Bank of Nova Scotia, operating as Scotiabank, provides personal, commercial, and wealth management banking services. It offers deposit accounts, residential mortgages, credit cards, corporate lending, and investment services to retail and corporate customers across Canada, the United States, and Latin America. Its shares trade on NYSE under the ticker BNS.
What is Bank of Nova Scotia's net worth?
Bank of Nova Scotia has a market value (market cap) of $113.8B at the latest share price, and shareholders' equity of CA$86.9B on its balance sheet at October 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bank of Nova Scotia profitable?
Yes. In fiscal 2025 it reported net income of CA$7.8B on revenue of CA$37.7B, a net margin of 20.6%.
How much revenue does Bank of Nova Scotia make?
In fiscal 2025 Bank of Nova Scotia reported revenue of CA$37.7B. That is 12.1% more than a year earlier.
When did Bank of Nova Scotia last report?
Its newest filing of any kind is the foreign issuer update from October 21, 2026.
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Where the numbers come from
Financial figures are the values Bank of Nova Scotia tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.