Bank Of Nova Scotia (BNS) Deferred Taxes (2011 - 2026)
Bank Of Nova Scotia's Deferred Taxes was $679.19 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 12.6% from $603.33 million a year earlier and up 16.5% from the prior quarter.
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Analysis
Bank Of Nova Scotia (BNS) Deferred Taxes (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bank Of Nova Scotia's Deferred Taxes was $2.55 billion through Jul 31, 2026, up 27.0% year-over-year; for FY2025 (ended Oct 31, 2025), it was $1.96 billion, up 31.6% from FY2024.
- Deferred Taxes shows a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- In earlier fiscal years, Deferred Taxes was $1.49 billion in FY2024 (-9.3%), $1.65 billion in FY2023 (-23.2%), $2.14 billion in FY2022 (-25.3%) and $2.87 billion in FY2021 (+150.1%).
- The fiscal Q3 2026 figure marks the highest quarterly Deferred Taxes since fiscal Q1 2023.
- Compared with a year earlier, Deferred Taxes has increased for five straight quarters, with growth averaging 63.1% over the last eight quarters.
- The best year-over-year quarter for Deferred Taxes over five years was fiscal Q4 2024 (growth of 278.5%); the worst was fiscal Q4 2023 (a decline of 71.6%).
- Per Business Quant data, BNS's Deferred Taxes in the three fiscal quarters before Q3 2026 was $582.88 million (Q2 2026), $628.34 million (Q1 2026) and $656 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 201.00 Mn |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 679.19 Mn |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | - |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | - |
| 6 | Haleon | 41.09 Bn | 34.80 Bn | - | - |
| 7 | Gold Fields | 32.02 Bn | 28.94 Bn | - | - |
| 8 | Smith & Nephew | 27.46 Bn | 24.86 Bn | - | - |
| 9 | Sprott Physical Gold Trust | 13.93 Bn | 13.78 Bn | - | - |
| 10 | Magnum Ice Cream | 12.19 Bn | 10.88 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 679.19 Mn |
| Apr 30, 2026 | 582.88 Mn |
| Jan 31, 2026 | 628.34 Mn |
| Oct 31, 2025 | 472.90 Mn |
| Jul 31, 2025 | 603.33 Mn |
| Apr 30, 2025 | 379.47 Mn |
| Jan 31, 2025 | 511.41 Mn |
| Oct 31, 2024 | 374.20 Mn |
| Jul 31, 2024 | 329.37 Mn |
| Apr 30, 2024 | 396.05 Mn |
| Jan 31, 2024 | 394.27 Mn |
| Oct 31, 2023 | 99.56 Mn |
| Jul 31, 2023 | 372.35 Mn |
| Apr 30, 2023 | 357.70 Mn |
| Jan 31, 2023 | 819.24 Mn |
| Oct 31, 2022 | 357.63 Mn |
| Jul 31, 2022 | 468.07 Mn |
| Apr 30, 2022 | 645.07 Mn |
| Jan 31, 2022 | 682.63 Mn |
| Oct 31, 2021 | 548.06 Mn |
API Access
Bank Of Nova Scotia Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "BNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();