Bank Of Nova Scotia (BNS) Operating Expenses (2009 - 2026)
Bank Of Nova Scotia (BNS) reported Operating Expenses of $3.98 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 7.6% from $3.7 billion a year earlier and up 5.3% from the prior quarter.
Bank Of Nova Scotia (BNS) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Bank Of Nova Scotia's Operating Expenses came in at $15.79 billion, up 0.3% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $16.08 billion, up 11.1% from FY2024.
- Operating Expenses has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- By fiscal year, Operating Expenses came in at $14.47 billion in FY2024 (+2.1%), $14.18 billion in FY2023 (+6.7%), $13.3 billion in FY2022 (-20.0%) and $16.62 billion in FY2021 (+32.5%).
- Five-year quarterly Operating Expenses spans a low of $3.26 billion in fiscal Q3 2022 and a high of $4.57 billion in fiscal Q1 2025.
- Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 4.5%.
- The high point for year-over-year Operating Expenses in five years was fiscal Q4 2021 (growth of 39.2%); the low point was fiscal Q3 2022 (a decline of 20.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $3.79 billion (Q2 2026), $3.82 billion (Q1 2026) and $4.2 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 219.44 Bn | -2,080.43 Bn | 24.75 Bn | 14.22 Bn |
| 2 | Bhp | 215.50 Bn | 159.30 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.31 Bn | -320.91 Bn | - | 3.98 Bn |
| 4 | Nokia | 59.49 Bn | 59.49 Bn | 2.58 Bn | -2.56 Bn |
| 5 | Haleon | 40.60 Bn | 33.79 Bn | - | - |
| 6 | Gold Fields | 32.92 Bn | 29.72 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.95 Bn | 14.82 Bn | - | 16.42 Mn |
| 8 | Sprott Physical Silver Trust | 12.17 Bn | 11.84 Bn | - | 20.81 Mn |
| 9 | Magnum Ice Cream | 11.35 Bn | 10.03 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 8.00 Bn | 7.94 Bn | - | 11.34 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.98 Bn |
| Apr 30, 2026 | 3.79 Bn |
| 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 |
Bank Of Nova Scotia Operating 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=operating-expenses&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-expenses&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();