Bank Of Nova Scotia (BNS) Return on Equity [ROE] (2011 - 2026)
Bank Of Nova Scotia (BNS) reported Return on Equity [ROE] of 11.44% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 2.91 percentage points from 8.53% a year earlier and up 0.55 percentage points from the prior quarter.
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Analysis
Bank Of Nova Scotia (BNS) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Bank Of Nova Scotia posted Return on Equity [ROE] of 9.13%, down 0.97 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of -0.82 percentage points (FY2020 to FY2025).
- By fiscal year, Return on Equity [ROE] came in at 10.11% in FY2024 (unchanged), 10.10% in FY2023 (-4.13 pp), 14.23% in FY2022 (-0.36 pp) and 14.59% in FY2021 (+4.64 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since fiscal Q2 2023.
- Year over year, Return on Equity [ROE] has now increased in each of the last three quarters, with an average year-over-year change of +0.27 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was fiscal Q1 2022 (a gain of 4.51 percentage points); the low point was fiscal Q4 2023 (a drop of 4.61 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 10.89% (Q2 2026), 10.25% (Q1 2026) and 9.05% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 9.34% |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | - |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 11.44% |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.44% |
| Apr 30, 2026 | 10.89% |
| Jan 31, 2026 | 10.25% |
| Oct 31, 2025 | 9.05% |
| Jul 31, 2025 | 8.53% |
| Apr 30, 2025 | 7.94% |
| Jan 31, 2025 | 8.28% |
| Oct 31, 2024 | 9.83% |
| Jul 31, 2024 | 9.52% |
| Apr 30, 2024 | 9.95% |
| Jan 31, 2024 | 10.24% |
| Oct 31, 2023 | 9.79% |
| Jul 31, 2023 | 10.70% |
| Apr 30, 2023 | 11.56% |
| Jan 31, 2023 | 12.93% |
| Oct 31, 2022 | 14.40% |
| Jul 31, 2022 | 15.07% |
| Apr 30, 2022 | 15.18% |
| Jan 31, 2022 | 14.48% |
| Oct 31, 2021 | 13.94% |
API Access
Bank Of Nova Scotia Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();