Bank Of Nova Scotia (BNS) Interest Expense - Deposits (2009 - 2026)
Bank Of Nova Scotia's Interest Expense - Deposits came in at $5.36 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 8.7% from $5.88 billion a year earlier but up 5.2% from the prior quarter.
Bank Of Nova Scotia (BNS) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Bank Of Nova Scotia reported Interest Expense - Deposits of $21.42 billion, down 15.0% year-over-year; for FY2025 (ended Oct 31, 2025), it was $23.87 billion, down 17.7% from FY2024.
- Interest Expense - Deposits carries a five-year compound annual growth rate of 24.5% (FY2020 to FY2025).
- Going back by fiscal year, Interest Expense - Deposits was $29.02 billion in FY2024 (+9.7%), $26.44 billion in FY2023 (+165.8%), $9.95 billion in FY2022 (+53.9%) and $6.47 billion in FY2021 (-19.0%).
- The five-year range for quarterly Interest Expense - Deposits is $1.24 billion (fiscal Q1 2022) to $7.38 billion (fiscal Q3 2024).
- Year-over-year, Interest Expense - Deposits has declined for eight consecutive quarters, with an average decline of 14.0% over the last eight quarters.
- The fastest year-over-year change in Interest Expense - Deposits over five years came in fiscal Q1 2023 (growth of 367.3%), and the weakest in fiscal Q3 2025 (a decline of 20.4%).
- Business Quant data shows BNS's Interest Expense - Deposits at $5.1 billion (Q2 2026), $5.19 billion (Q1 2026) and $5.76 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn | 8.75 Bn |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - | - |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - | 5.36 Bn |
| 4 | Nokia | 58.28 Bn | 58.28 Bn | 2.58 Bn | - |
| 5 | Haleon | 40.29 Bn | 33.48 Bn | - | - |
| 6 | Gold Fields | 32.31 Bn | 29.12 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.70 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 11.90 Bn | 11.57 Bn | - | - |
| 9 | Magnum Ice Cream | 10.88 Bn | 9.56 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.36 Bn |
| Apr 30, 2026 | 5.10 Bn |
| 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 |
Bank Of Nova Scotia Interest Expense - Deposits 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-deposits&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();