Bank Of Nova Scotia vs Royal Bank Of Canada
Royal Bank Of Canada is the larger business, with $47.57bn of revenue in fiscal 2025 against $26.96bn for Bank Of Nova Scotia (1.8 times as much). Royal Bank Of Canada grew faster (12.9% against 9.0%). Royal Bank Of Canada kept more of each dollar of sales as profit: a net margin of 30.6% against 20.6%. Bank Of Nova Scotia carries less debt relative to equity (0.0% against 2.0%).
| Latest fiscal year | Bank Of Nova ScotiaBNS, 2025 | Royal Bank Of CanadaRY, 2025 |
|---|---|---|
| Revenue | $26.96bn | $47.57bn |
| Revenue growth | 9.0% | 12.9% |
| Net income | $5.56bn | $14.54bn |
| Operating margin | — | — |
| Net margin | 20.6% | 30.6% |
| Return on equity | 9.2% | 15.3% |
| Free cash flow | — | — |
| Cash | $7.32bn | $26.43bn |
| Total debt | $0 | $2.00bn |
| Debt to equity | 0.0% | 2.0% |
| Dividend per share | — | — |
| Dividend yield | 3.6% | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $116.97bn | $287.29bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |