Bank Of Nova Scotia key statistics and ratios

In fiscal 2025, Bank Of Nova Scotia had return on equity of 9.2%, a net margin of 20.6% and debt equal to 0.0% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bank Of Nova Scotia: financial ratios, annual
Fiscal year	2016Oct 2016	2017Oct 2017	2018Oct 2018	2019Oct 2019	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Oct 2025
Net margin	27.0%	29.5%	29.7%	27.0%	21.6%	30.8%	31.6%	22.8%	23.0%	20.6%
Return on equity	12.5%	13.7%	13.8%	12.5%	9.8%	14.2%	13.9%	10.0%	10.0%	9.2%
Return on assets	—	0.9%	0.9%	0.8%	0.6%	0.8%	0.8%	0.5%	0.6%	0.5%
Asset turnover	—	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.03
Debt to equity	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Effective tax rate	21.6%	19.8%	21.4%	21.9%	18.4%	22.4%	21.3%	23.0%	20.5%	26.2%
Dividends ÷ net income	50.6%	47.4%	48.8%	52.9%	67.3%	47.8%	51.6%	73.9%	73.1%	75.4%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Bank Of Nova Scotia's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bank Of Nova Scotia.