Bank Of Nova Scotia (BNS) Interest Expenses (2009 - 2026)
Bank Of Nova Scotia (BNS) posted Interest Expenses of $5.85 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 6.8% from $6.28 billion a year earlier but up 5.9% from the prior quarter.
Bank Of Nova Scotia (BNS) Interest Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Interest Expenses at Bank Of Nova Scotia was $23.18 billion, down 14.6% year-over-year; for FY2025 (ended Oct 31, 2025), it was $4.15 billion, up 52.9% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of -14.8% (FY2020 to FY2025).
- In prior fiscal years, Bank Of Nova Scotia's Interest Expenses was $2.71 billion in FY2024 (-90.5%), $28.6 billion in FY2023, $2.1 billion in FY2022 (-1.8%) and $2.14 billion in FY2021 (-76.8%).
- Quarterly Interest Expenses has run from a low of $1.67 billion in fiscal Q1 2022 to a high of $7.9 billion in fiscal Q3 2024 over five years.
- On a year-over-year basis, Interest Expenses has declined in each of the last eight quarters, with an average decline of 13.7% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was fiscal Q1 2023, with growth of 280.5%; the weakest was fiscal Q3 2025, with a decline of 20.6%.
- According to Business Quant data, Interest Expenses for the three prior fiscal quarters was $5.53 billion (Q2 2026), $5.58 billion (Q1 2026) and $6.22 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn | 20.54 Bn |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - | - |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - | 5.85 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 | 5.85 Bn |
| Apr 30, 2026 | 5.53 Bn |
| Jan 31, 2026 | 5.58 Bn |
| Oct 31, 2025 | 6.22 Bn |
| Jul 31, 2025 | 6.28 Bn |
| Apr 30, 2025 | 6.34 Bn |
| Jan 31, 2025 | 6.91 Bn |
| Oct 31, 2024 | 7.62 Bn |
| Jul 31, 2024 | 7.90 Bn |
| Apr 30, 2024 | 7.76 Bn |
| Jan 31, 2024 | 7.89 Bn |
| Oct 31, 2023 | 7.70 Bn |
| Jul 31, 2023 | 7.58 Bn |
| Apr 30, 2023 | 6.95 Bn |
| Jan 31, 2023 | 6.37 Bn |
| Oct 31, 2022 | 4.89 Bn |
| Jul 31, 2022 | 3.27 Bn |
| Apr 30, 2022 | 2.07 Bn |
| Jan 31, 2022 | 1.67 Bn |
| Oct 31, 2021 | 1.97 Bn |
Bank Of Nova Scotia Interest Expenses 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-expenses&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();