Bank Of Nova Scotia (BNS) Research & Development (2009 - 2026)
Bank Of Nova Scotia (BNS) posted quarterly 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 reported Research & Development for 18 consecutive years, with $66.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 2.98% year-over-year to $66.3 million; the TTM figure through Jan 2026 stood at $271.9 million (up 0.7% YoY), while the FY2025 annual figure was $274.3 million, down 2.05% from the prior year.
- Research & Development fell to $66.3 million in Q1 2026 per BNS's latest filing, from $68.5 million in the prior quarter.
- Across five years, Research & Development topped out at $78.4 million in Q1 2024 and bottomed at $63.7 million in Q4 2024.
- Historically, Research & Development has averaged $70.2 million across 5 years, with a median of $69.7 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development decreased 27.14% — and 2024, when it rose 12.51%.
- Bank Of Nova Scotia's Research & Development stood at $67.8 million in 2022, then increased by 7.75% to $73.0 million in 2023, then dropped by 12.74% to $63.7 million in 2024, then advanced by 7.49% to $68.5 million in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 255.80 Mn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 2.27 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank Of Nova Scotia | 108.17 Bn | -56.16 Bn | - | 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 |