Bank Of Nova Scotia (BNS) Change in Taxes (2009 - 2026)
Bank Of Nova Scotia (BNS) posted quarterly Change in Taxes of -$653.6 million for Q1 2026, up 25.42% year-over-year from -$521.1 million in Q1 2025, and up 18.41% quarter-over-quarter from -$801.0 million in Q4 2025.
Bank Of Nova Scotia (BNS) Change in Taxes (2009 - 2026) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Change in Taxes for 18 consecutive years, with -$653.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes rose 25.42% year-over-year to -$653.6 million; the TTM figure through Jan 2026 stood at -$2.6 billion (down 3.39% YoY), while the FY2025 annual figure was -$2.6 billion, down 75.28% from the prior year.
- Change in Taxes rose to -$653.6 million in Q1 2026 per BNS's latest filing, from -$801.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at -$22.9 million in Q1 2024 and bottomed at -$1.2 billion in Q1 2022.
- Historically, Change in Taxes has averaged -$569.9 million across 5 years, with a median of -$600.0 million in 2024.
- Annual changes were most pronounced in 2024 — Change in Taxes jumped 94.41% — and 2025, when it plunged 3721.43%.
- Bank Of Nova Scotia's Change in Taxes stood at -$742.0 million in 2022, then surged by 30.73% to -$514.0 million in 2023, then declined by 16.73% to -$600.0 million in 2024, then sank by 33.5% to -$801.0 million in 2025, then climbed by 18.41% to -$653.6 million in 2026.
- Business Quant data shows BNS's Change in Taxes at -$653.6 million in Q1 2026, -$801.0 million in Q4 2025, and -$625.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | - |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.98 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank Of Nova Scotia | 108.17 Bn | -56.16 Bn | - | -653.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -653.56 Mn |
| Jan 31, 2026 | -653.56 Mn |
| Oct 31, 2025 | -801.00 Mn |
| Oct 31, 2025 | -801.00 Mn |
| Jul 31, 2025 | -625.90 Mn |
| Jul 31, 2025 | -625.90 Mn |
| Apr 30, 2025 | -474.34 Mn |
| Apr 30, 2025 | -474.34 Mn |
| Jan 31, 2025 | -876.31 Mn |
| Jan 31, 2025 | -876.31 Mn |
| Oct 31, 2024 | -600.00 Mn |
| Oct 31, 2024 | -600.00 Mn |
| Jul 31, 2024 | -388.53 Mn |
| Jul 31, 2024 | -388.53 Mn |
| Apr 30, 2024 | -606.24 Mn |
| Apr 30, 2024 | -606.24 Mn |
| Jan 31, 2024 | -22.93 Mn |
| Jan 31, 2024 | -22.93 Mn |
| Oct 31, 2023 | -514.00 Mn |
| Oct 31, 2023 | -514.00 Mn |