Bank Of Nova Scotia (BNS) Operating Expenses (2009 - 2026)
Bank Of Nova Scotia (BNS) posted quarterly Operating Expenses of $3.8 billion for Q1 2026, down 16.49% year-over-year from $4.6 billion in Q1 2025, and down 9.12% quarter-over-quarter from $4.2 billion in Q4 2025.
Bank Of Nova Scotia (BNS) Operating Expenses (2009 - 2026) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Operating Expenses for 18 consecutive years, with $3.8 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 16.49% year-over-year to $3.8 billion; the TTM figure through Jan 2026 stood at $15.3 billion (down 1.45% YoY), while the FY2025 annual figure was $4.2 billion, up 6.95% from the prior year.
- Operating Expenses fell to $3.8 billion in Q1 2026 per BNS's latest filing, from $4.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.6 billion in Q1 2025 and bottomed at $3.3 billion in Q3 2022.
- Historically, Operating Expenses has averaged $3.6 billion across 5 years, with a median of $3.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses dropped 20.46% — and 2025, when it surged 30.43%.
- Bank Of Nova Scotia's Operating Expenses stood at $3.4 billion in 2022, then gained by 19.54% to $4.1 billion in 2023, then declined by 4.86% to $3.9 billion in 2024, then advanced by 8.33% to $4.2 billion in 2025, then slipped by 9.12% to $3.8 billion in 2026.
- Business Quant data shows BNS's Operating Expenses at $3.8 billion in Q1 2026, $4.2 billion in Q4 2025, and $3.7 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.23 Bn | -146.26 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Hsbc Holdings | 357.15 Bn | 357.15 Bn | - | 16.82 Bn |
| 3 | Royal Bank Of Canada | 287.43 Bn | 88.51 Bn | - | 6.82 Bn |
| 4 | Wells Fargo & Company | 255.23 Bn | 51.26 Bn | - | 13.66 Bn |
| 5 | Mitsubishi Ufj Financial | 251.82 Bn | -141.80 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Citigroup | 223.71 Bn | -2,078.60 Bn | 24.75 Bn | 14.22 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -7.44 Bn |
| 8 | Toronto Dominion Bank | 194.95 Bn | 20.46 Bn | - | 6.11 Bn |
| 9 | UBS Group AG | 167.49 Bn | -48.22 Bn | - | - |
| 10 | Bank Of Nova Scotia | 108.29 Bn | -56.05 Bn | - | 3.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 3.82 Bn |
| Oct 31, 2025 | 4.20 Bn |
| Jul 31, 2025 | 3.70 Bn |
| Apr 30, 2025 | 3.59 Bn |
| Jan 31, 2025 | 4.57 Bn |
| Oct 31, 2024 | 3.88 Bn |
| Jul 31, 2024 | 3.61 Bn |
| Apr 30, 2024 | 3.47 Bn |
| Jan 31, 2024 | 3.51 Bn |
| Oct 31, 2023 | 4.08 Bn |
| Jul 31, 2023 | 3.42 Bn |
| Apr 30, 2023 | 3.38 Bn |
| Jan 31, 2023 | 3.31 Bn |
| Oct 31, 2022 | 3.41 Bn |
| Jul 31, 2022 | 3.26 Bn |
| Apr 30, 2022 | 3.28 Bn |
| Jan 31, 2022 | 3.34 Bn |
| Oct 31, 2021 | 4.27 Bn |
| Jul 31, 2021 | 4.10 Bn |
| Apr 30, 2021 | 3.21 Bn |