Bank Of Nova Scotia (BNS) Provision for Credit Losses (2009 - 2026)
Bank Of Nova Scotia (BNS) recorded Provision for Credit Losses of $773.86 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 2.1% from $757.62 million a year earlier but down 12.8% from the prior quarter.
Bank Of Nova Scotia (BNS) Provision for Credit Losses (2009 - 2026) Analysis & Trends
On a TTM basis, Bank Of Nova Scotia's Provision for Credit Losses came in at $3.31 billion as of Jul 31, 2026, unchanged year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $3.37 billion, up 13.1% from FY2024.
- Annual Provision for Credit Losses has increased for three straight fiscal years, though with a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- Across earlier fiscal years, Provision for Credit Losses came in at $2.98 billion in FY2024 (+17.3%), $2.54 billion in FY2023 (+136.2%), $1.07 billion in FY2022 (-40.6%) and $1.81 billion in FY2021 (-60.0%).
- Quarterly Provision for Credit Losses has ranged from $168 million in fiscal Q4 2021 to $982.41 million in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, Provision for Credit Losses rose in five of the last eight quarters, with growth averaging 3.7%.
- Peak year-over-year performance for Provision for Credit Losses in the last five years was growth of 203.0% in fiscal Q2 2023, against a decline of 80.4% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $887.81 million (Q2 2026), $847.39 million (Q1 2026) and $802.34 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 2.42 Bn |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 773.86 Mn |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | - |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | - |
| 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 | 773.86 Mn |
| Apr 30, 2026 | 887.81 Mn |
| Jan 31, 2026 | 847.39 Mn |
| Oct 31, 2025 | 802.34 Mn |
| Jul 31, 2025 | 757.62 Mn |
| Apr 30, 2025 | 982.41 Mn |
| Jan 31, 2025 | 818.54 Mn |
| Oct 31, 2024 | 754.26 Mn |
| Jul 31, 2024 | 768.29 Mn |
| Apr 30, 2024 | 742.68 Mn |
| Jan 31, 2024 | 711.61 Mn |
| Oct 31, 2023 | 926.29 Mn |
| Jul 31, 2023 | 613.60 Mn |
| Apr 30, 2023 | 523.99 Mn |
| Jan 31, 2023 | 473.01 Mn |
| Oct 31, 2022 | 398.28 Mn |
| Jul 31, 2022 | 320.34 Mn |
| Apr 30, 2022 | 172.91 Mn |
| Jan 31, 2022 | 175.40 Mn |
| Oct 31, 2021 | 133.63 Mn |
Bank Of Nova Scotia Provision for Credit Losses 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=provision-for-credit-losses&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "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=provision-for-credit-losses&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();