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| Date | Value |
|---|---|
| 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 |