Bank Of Nova Scotia (BNS) Research & Development (2009 - 2026)

Bank Of Nova Scotia (BNS) reported Research & Development of $66.3 million for Q1 2026, down 2.98% year-over-year from $68.3 million in Q1 2025, and down 3.2% quarter-over-quarter from $68.5 million in Q4 2025.

Bank Of Nova Scotia (BNS) Research & Development (2009 - 2026) Analysis & Trends

Bank Of Nova Scotia (BNS) has 18 years of Research & Development data on file, last reported at $66.3 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $66.3 million, down 2.98% year-over-year; the trailing twelve-month figure through Jan 2026 was $271.9 million (up 0.7% YoY), and the FY2025 annual result was $274.3 million, down 2.05% from the prior year.
  • Research & Development slipped to $66.3 million in Q1 2026 per BNS's latest filing, from $68.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $78.4 million in Q1 2024 and troughed at $63.7 million in Q4 2024.
  • A 5-year average of $70.2 million and a median of $69.7 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2024: Research & Development decreased 27.14% in 2022, then rose 12.51% in 2024.
  • A 5-year view of Research & Development shows it stood at $67.8 million in 2022, then grew by 7.75% to $73.0 million in 2023, then slipped by 12.74% to $63.7 million in 2024, then gained by 7.49% to $68.5 million in 2025, then slipped by 3.2% to $66.3 million in 2026.
  • Business Quant data shows BNS's Research & Development at $66.3 million in Q1 2026, $68.5 million in Q4 2025, and $64.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 75.14 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 255.80 Mn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 58.37 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 2.02 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - -
10 Bank Of Nova Scotia - - - 66.29 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 66.29 Mn
Oct 31, 2025 68.48 Mn
Jul 31, 2025 64.77 Mn
Apr 30, 2025 72.38 Mn
Jan 31, 2025 68.33 Mn
Oct 31, 2024 63.71 Mn
Jul 31, 2024 65.00 Mn
Apr 30, 2024 73.01 Mn
Jan 31, 2024 78.41 Mn
Oct 31, 2023 73.01 Mn
Jul 31, 2023 75.67 Mn
Apr 30, 2023 74.64 Mn
Jan 31, 2023 69.69 Mn
Oct 31, 2022 67.76 Mn
Jul 31, 2022 68.42 Mn
Apr 30, 2022 73.43 Mn
Jan 31, 2022 71.11 Mn
Oct 31, 2021 93.00 Mn
Jul 31, 2021 86.00 Mn
Apr 30, 2021 74.66 Mn