Bank Of Nova Scotia (BNS) Tax Provisions (2009 - 2026)

Bank Of Nova Scotia (BNS) posted quarterly Tax Provisions of $628.3 million for Q1 2026, up 22.86% YoY from $511.4 million in Q1 2025, and up 32.87% sequentially from $472.9 million in Q4 2025.

Bank Of Nova Scotia (BNS) Tax Provisions (2009 - 2026) Analysis & Trends

Bank Of Nova Scotia has disclosed Tax Provisions across 18 years of filings, most recently posting $628.3 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 22.86% year-over-year to $628.3 million; the TTM figure through Jan 2026 stood at $2.1 billion (up 29.36% YoY), while the FY2025 annual figure was $2.0 billion, up 31.58% from the prior year.
  • Tax Provisions advanced to $628.3 million in Q1 2026, from $472.9 million in the prior quarter.
  • Over the last five years, Tax Provisions for BNS reached as high as $819.2 million in Q1 2023 and fell as low as $99.6 million in Q4 2023.
  • The 5-year median for Tax Provisions is $396.0 million (2024), against an average of $464.2 million.
  • Annual changes were most pronounced in 2023 — Tax Provisions tumbled 72.16% — and 2024, when it soared 275.85%.
  • A 5-year view of Tax Provisions shows it stood at $357.6 million in 2022, then plunged by 72.16% to $99.6 million in 2023, then soared by 275.85% to $374.2 million in 2024, then advanced by 26.38% to $472.9 million in 2025, then soared by 32.87% to $628.3 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $628.3 million, $472.9 million, and $603.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Bank Of Nova Scotia - - - 628.34 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 628.34 Mn
Oct 31, 2025 472.90 Mn
Jul 31, 2025 603.33 Mn
Apr 30, 2025 379.47 Mn
Jan 31, 2025 511.41 Mn
Oct 31, 2024 374.20 Mn
Jul 31, 2024 329.37 Mn
Apr 30, 2024 396.05 Mn
Jan 31, 2024 394.27 Mn
Oct 31, 2023 99.56 Mn
Jul 31, 2023 372.35 Mn
Apr 30, 2023 357.70 Mn
Jan 31, 2023 819.24 Mn
Oct 31, 2022 357.63 Mn
Jul 31, 2022 468.07 Mn
Apr 30, 2022 645.07 Mn
Jan 31, 2022 682.63 Mn
Oct 31, 2021 689.00 Mn
Jul 31, 2021 738.00 Mn
Apr 30, 2021 589.37 Mn