Bank Of Nova Scotia (BNS) Interest Coverage Ratio (2011 - 2026)
Bank Of Nova Scotia (BNS) posted quarterly Interest Coverage Ratio of 1.01 for Q1 2026, down 28.85% year-over-year from 1.41 in Q1 2025, and down 40.69% quarter-over-quarter from 0.72 in Q4 2025.
Bank Of Nova Scotia (BNS) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Interest Coverage Ratio for 16 consecutive years, with 1.01 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 28.85% year-over-year to 1.01; the TTM figure through Jan 2026 stood at 0.84 (up 29.94% YoY), while the FY2025 annual figure was 0.23, down 232.17% from the prior year.
- Interest Coverage Ratio slipped to 1.01 in Q1 2026 per BNS's latest filing, from 0.72 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.95 in Q2 2022 and bottomed at 3.6 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 0.13 across 5 years, with a median of 0.5 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 191.89% — and 2025, when it sank 221.31%.
- Bank Of Nova Scotia's Interest Coverage Ratio stood at 0.99 in 2022, then surged by 46.79% to 0.53 in 2023, then gained by 4.91% to 0.5 in 2024, then slumped by 42.51% to 0.72 in 2025, then tumbled by 40.69% to 1.01 in 2026.
- Business Quant data shows BNS's Interest Coverage Ratio at 1.01 in Q1 2026, 0.72 in Q4 2025, and 0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.23 Bn | -146.26 Bn | 30.39 Bn | 0.66 |
| 2 | Hsbc Holdings | 357.15 Bn | 357.15 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.43 Bn | 88.51 Bn | - | 1.42 |
| 4 | Wells Fargo & Company | 255.23 Bn | 51.26 Bn | - | 1.73 |
| 5 | Mitsubishi Ufj Financial | 251.82 Bn | -141.80 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.71 Bn | -2,078.60 Bn | 24.75 Bn | 0.51 |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | 0.66 |
| 8 | Toronto Dominion Bank | 194.95 Bn | 20.46 Bn | - | 0.08 |
| 9 | UBS Group AG | 167.49 Bn | -48.22 Bn | - | - |
| 10 | Bank Of Nova Scotia | 108.29 Bn | -56.05 Bn | - | 1.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -1.01 |
| Oct 31, 2025 | -0.72 |
| Jul 31, 2025 | 0.31 |
| Apr 30, 2025 | -0.85 |
| Jan 31, 2025 | -0.78 |
| Oct 31, 2024 | -0.50 |
| Jul 31, 2024 | -0.67 |
| Apr 30, 2024 | 0.70 |
| Jan 31, 2024 | 0.70 |
| Oct 31, 2023 | -0.53 |
| Jul 31, 2023 | 0.72 |
| Apr 30, 2023 | 0.40 |
| Jan 31, 2023 | 0.85 |
| Oct 31, 2022 | -0.99 |
| Jul 31, 2022 | 0.83 |
| Apr 30, 2022 | 2.95 |
| Jan 31, 2022 | -3.60 |
| Oct 31, 2021 | 3.04 |
| Jul 31, 2021 | 3.19 |
| Apr 30, 2021 | -3.21 |