Bank Of Nova Scotia (BNS) Service Charges (2011 - 2023)
Bank Of Nova Scotia (BNS) posted quarterly Service Charges of $134.0 million for Q4 2023, up 56.12% year-over-year from $85.8 million in Q4 2022, and up 58.28% quarter-over-quarter from $84.7 million in Q3 2023.
Bank Of Nova Scotia (BNS) Service Charges (2011 - 2023) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Service Charges for 13 consecutive years, with $134.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Service Charges rose 56.12% year-over-year to $134.0 million; the TTM figure through Oct 2023 stood at $392.6 million (up 16.71% YoY), while the FY2023 annual figure was $357.5 million, up 6.19% from the prior year.
- Service Charges rose to $134.0 million in Q4 2023 per BNS's latest filing, from $84.7 million in the prior quarter.
- Across five years, Service Charges topped out at $138.2 million in Q1 2019 and bottomed at $79.4 million in Q2 2021.
- Historically, Service Charges has averaged $98.0 million across 5 years, with a median of $87.8 million in 2021.
- Annual changes were most pronounced in 2019 — Service Charges tumbled 58.64% — and 2023, when it surged 56.12%.
- Bank Of Nova Scotia's Service Charges stood at $119.4 million in 2019, then slipped by 23.99% to $90.8 million in 2020, then climbed by 12.38% to $102.0 million in 2021, then dropped by 15.85% to $85.8 million in 2022, then soared by 56.12% to $134.0 million in 2023.
- Business Quant data shows BNS's Service Charges at $134.0 million in Q4 2023, $84.7 million in Q3 2023, and $90.9 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 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 |
| 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 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 134.00 Mn |
| Jul 31, 2023 | 84.66 Mn |
| Apr 30, 2023 | 90.90 Mn |
| Jan 31, 2023 | 83.04 Mn |
| Oct 31, 2022 | 85.83 Mn |
| Jul 31, 2022 | 87.86 Mn |
| Apr 30, 2022 | 82.90 Mn |
| Jan 31, 2022 | 79.80 Mn |
| Oct 31, 2021 | 102.00 Mn |
| Jul 31, 2021 | 83.00 Mn |
| Apr 30, 2021 | 79.43 Mn |
| Jan 31, 2021 | 87.84 Mn |
| Oct 31, 2020 | 90.76 Mn |
| Jul 31, 2020 | 82.64 Mn |
| Apr 30, 2020 | 83.70 Mn |
| Jan 31, 2020 | 113.24 Mn |
| Oct 31, 2019 | 119.41 Mn |
| Jul 31, 2019 | 124.22 Mn |
| Apr 30, 2019 | 126.97 Mn |
| Jan 31, 2019 | 138.25 Mn |