Bank Of Nova Scotia (BNS) Interest Expense - Debt (2009 - 2026)
Bank Of Nova Scotia (BNS) reported Interest Expense - Debt of $48.77 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 27.9% from $67.68 million a year earlier and down 0.2% from the prior quarter.
Bank Of Nova Scotia (BNS) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Bank Of Nova Scotia's Interest Expense - Debt came in at $217.29 million, down 25.5% year-over-year; for FY2025 (ended Oct 31, 2025), it was $274.99 million, down 23.6% from FY2024.
- Interest Expense - Debt has a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- By fiscal year, Interest Expense - Debt came in at $360.12 million in FY2024 (+3.1%), $349.33 million in FY2023 (+66.4%), $209.91 million in FY2022 (+16.6%) and $180 million in FY2021 (+0.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Interest Expense - Debt since fiscal Q2 2022.
- Year over year, Interest Expense - Debt has now declined in each of the last nine quarters, with an average decline of 24.0% over the last eight quarters.
- The high point for year-over-year Interest Expense - Debt in five years was fiscal Q1 2023 (growth of 119.0%); the low point was fiscal Q2 2026 (a decline of 32.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $48.88 million (Q2 2026), $54.76 million (Q1 2026) and $64.88 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 2.43 Bn |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 48.77 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
| Date | Value |
|---|---|
| Jul 31, 2026 | 48.77 Mn |
| Apr 30, 2026 | 48.88 Mn |
| Jan 31, 2026 | 54.76 Mn |
| Oct 31, 2025 | 64.88 Mn |
| Jul 31, 2025 | 67.68 Mn |
| Apr 30, 2025 | 72.38 Mn |
| Jan 31, 2025 | 69.74 Mn |
| Oct 31, 2024 | 82.02 Mn |
| Jul 31, 2024 | 89.10 Mn |
| Apr 30, 2024 | 89.24 Mn |
| Jan 31, 2024 | 99.86 Mn |
| Oct 31, 2023 | 98.09 Mn |
| Jul 31, 2023 | 92.15 Mn |
| Apr 30, 2023 | 81.30 Mn |
| Jan 31, 2023 | 77.85 Mn |
| Oct 31, 2022 | 70.02 Mn |
| Jul 31, 2022 | 59.87 Mn |
| Apr 30, 2022 | 43.43 Mn |
| Jan 31, 2022 | 35.55 Mn |
| Oct 31, 2021 | 36.59 Mn |
Bank Of Nova Scotia Interest Expense - Debt 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=interest-expense-debt&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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=interest-expense-debt&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();