Bank Of Nova Scotia (BNS) Interest Expense - Deposits (2009 - 2026)
Bank Of Nova Scotia (BNS) posted quarterly Interest Expense - Deposits of $5.2 billion for Q1 2026, down 18.88% year-over-year from $6.4 billion in Q1 2025, and down 9.89% quarter-over-quarter from $5.8 billion in Q4 2025.
Bank Of Nova Scotia (BNS) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Interest Expense - Deposits for 18 consecutive years, with $5.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits fell 18.88% year-over-year to $5.2 billion; the TTM figure through Jan 2026 stood at $22.6 billion (down 19.38% YoY), while the FY2025 annual figure was $23.9 billion, down 17.72% from the prior year.
- Interest Expense - Deposits declined to $5.2 billion in Q1 2026 per BNS's latest filing, from $5.8 billion in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $7.4 billion in Q3 2024 and bottomed at $1.2 billion in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $5.6 billion across 5 years, with a median of $5.9 billion in 2025.
- Annual changes were most pronounced in 2023 — Interest Expense - Deposits soared 367.34% — and 2025, when it decreased 20.37%.
- Bank Of Nova Scotia's Interest Expense - Deposits stood at $4.3 billion in 2022, then surged by 66.5% to $7.2 billion in 2023, then retreated by 0.97% to $7.1 billion in 2024, then declined by 18.86% to $5.8 billion in 2025, then decreased by 9.89% to $5.2 billion in 2026.
- Business Quant data shows BNS's Interest Expense - Deposits at $5.2 billion in Q1 2026, $5.8 billion in Q4 2025, and $5.9 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 7.37 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 7.65 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 5.52 Bn |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | 3.48 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 8.75 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 | - | 5.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 5.19 Bn |
| Oct 31, 2025 | 5.76 Bn |
| Jul 31, 2025 | 5.88 Bn |
| Apr 30, 2025 | 5.81 Bn |
| Jan 31, 2025 | 6.40 Bn |
| Oct 31, 2024 | 7.10 Bn |
| Jul 31, 2024 | 7.38 Bn |
| Apr 30, 2024 | 7.20 Bn |
| Jan 31, 2024 | 7.33 Bn |
| Oct 31, 2023 | 7.17 Bn |
| Jul 31, 2023 | 7.07 Bn |
| Apr 30, 2023 | 6.39 Bn |
| Jan 31, 2023 | 5.81 Bn |
| Oct 31, 2022 | 4.31 Bn |
| Jul 31, 2022 | 2.70 Bn |
| Apr 30, 2022 | 1.60 Bn |
| Jan 31, 2022 | 1.24 Bn |
| Oct 31, 2021 | 1.51 Bn |
| Jul 31, 2021 | 1.54 Bn |
| Apr 30, 2021 | 1.29 Bn |