The Bank of Nova Scotia (BNS) Income Statement
BNS FY2025 at a glance
Fiscal year ended October 31, 2025 · U.S. dollarsBNS revenue and net income
Where BNS's revenue goes
FY2025Each bar shows an amount and its share of revenue. BNS kept 10.6% of revenue as net income.
BNS profit margins
BNS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BNS quarterly EPS vs estimates
Bank of Nova Scotia beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: December 1, 2026 (estimate $1.59).
BNS income statement
| FY2025 | |
|---|---|
| Revenue | $73.18B |
| Cost of revenue | $40.79B |
| Gross profit | $32.38B |
| Sales, general & admin | $11.50B |
| Total operating expenses | $21.87B |
| Operating income | $10.51B |
| Interest income | $57.60B |
| Interest expense | $36.08B |
| Income before taxes | $10.51B |
| Income taxes | $2.75B |
| Net income | $7.79B |
| EBITDA | $12.11B |
| EPS (diluted) | $7.05 |
| Gross margin | 44.3% |
| Operating margin | 14.4% |
| Net margin | 10.6% |
| Oct '25 | Jan '25 | Jul '24 | |
|---|---|---|---|
| Revenue | $18.21B | $19.07B | $19.27B |
| Cost of revenue | $9.74B | $10.97B | $11.87B |
| Gross profit | $8.47B | $8.10B | −$1.82B |
| Sales, general & admin | $3.00B | $2.87B | $2.60B |
| Total operating expenses | $5.60B | $6.38B | $8.45B |
| Operating income | $2.86B | $1.72B | $2.07B |
| Interest income | $14.21B | $14.98B | $15.68B |
| Interest expense | $8.63B | $9.81B | $10.82B |
| Income before taxes | $2.86B | $1.72B | $2.36B |
| Income taxes | $656.0M | $726.0M | $451.0M |
| Net income | $2.22B | $1.15B | $1.88B |
| EBITDA | $3.27B | $2.12B | $2.79B |
| EPS (diluted) | $1.93 | $1.76 | $1.63 |
| Gross margin | 46.5% | 42.5% | −9.4% |
| Operating margin | 15.7% | 9.0% | 10.8% |
| Net margin | 12.2% | 6.0% | 9.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BNS's financial statements (latest annual report filed December 2, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BNS financial results
In fiscal year 2025 (ended October 31, 2025), Bank of Nova Scotia reported revenue of $73.2 billion. It had net income of $7.8 billion, a net profit margin of 10.6%. Diluted earnings per share came to $7.05.
See the BNS stock overview for the latest quote and news, or the BNS chart for price history and technical indicators.
BNS income statement FAQ
What is Bank of Nova Scotia's annual revenue?
Bank of Nova Scotia reported total revenue of $73.2 billion for fiscal year 2025, which ended on October 31, 2025.
Is Bank of Nova Scotia profitable?
Yes. Bank of Nova Scotia reported net income of $7.8 billion in fiscal 2025, a net profit margin of 10.6%; its operating margin was 14.4%.
What is Bank of Nova Scotia's gross margin?
Bank of Nova Scotia's gross margin was 44.3% in fiscal 2025: for every $100 of revenue, Bank of Nova Scotia kept $44 after the direct cost of its products and services.
What are Bank of Nova Scotia's earnings per share?
Bank of Nova Scotia earned $7.05 per diluted share in fiscal 2025.
When will Bank of Nova Scotia report its next earnings?
Bank of Nova Scotia is expected to report results for the quarter ending October 31, 2026 on December 1, 2026.
When does Bank of Nova Scotia's fiscal year end?
Bank of Nova Scotia's fiscal year ends in October. The latest annual report covers the year ended October 31, 2025 and was filed on December 2, 2025.