Bank Of Nova Scotia (BNS) Operating Margin (2011 - 2026)
Bank Of Nova Scotia (BNS) posted Operating Margin of 89.76% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 0.73 percentage points from 89.03% a year earlier and up 2.13 percentage points from the prior quarter.
Bank Of Nova Scotia (BNS) Operating Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Operating Margin at Bank Of Nova Scotia was 88.48%, up 1.16 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 87.51%, down 0.46 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive fiscal years, though with a five-year change of +6.92 percentage points (FY2020 to FY2025).
- In prior fiscal years, Bank Of Nova Scotia's Operating Margin was 87.97% in FY2024 (-1.41 pp), 89.38% in FY2023 (-6.22 pp), 95.60% in FY2022 (+1.39 pp) and 94.21% in FY2021 (+13.63 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Operating Margin since fiscal Q3 2023.
- On a year-over-year basis, Operating Margin has increased in each of the last five quarters, with an average year-over-year change of +0.63 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q4 2021, with a gain of 12.88 percentage points; the weakest was fiscal Q4 2023, with a drop of 8.25 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 87.63% (Q2 2026), 87.81% (Q1 2026) and 88.65% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 41.14% |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 89.76% |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | -40.88% |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | 9.01% |
| 6 | Haleon | 41.09 Bn | 34.80 Bn | - | - |
| 7 | Gold Fields | 32.02 Bn | 28.94 Bn | - | - |
| 8 | Smith & Nephew | 27.46 Bn | 24.86 Bn | - | - |
| 9 | Sprott Physical Gold Trust | 13.93 Bn | 13.78 Bn | - | - |
| 10 | Magnum Ice Cream | 12.19 Bn | 10.88 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 89.76% |
| Apr 30, 2026 | 87.63% |
| Jan 31, 2026 | 87.81% |
| Oct 31, 2025 | 88.65% |
| Jul 31, 2025 | 89.03% |
| Apr 30, 2025 | 84.60% |
| Jan 31, 2025 | 87.60% |
| Oct 31, 2024 | 87.92% |
| Jul 31, 2024 | 87.42% |
| Apr 30, 2024 | 87.94% |
| Jan 31, 2024 | 88.59% |
| Oct 31, 2023 | 84.82% |
| Jul 31, 2023 | 89.85% |
| Apr 30, 2023 | 91.04% |
| Jan 31, 2023 | 91.99% |
| Oct 31, 2022 | 93.06% |
| Jul 31, 2022 | 94.72% |
| Apr 30, 2022 | 97.24% |
| Jan 31, 2022 | 97.24% |
| Oct 31, 2021 | 97.81% |
Bank Of Nova Scotia Operating Margin 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-margin&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();