Bank Of Nova Scotia (BNS) Tax Provisions (2009 - 2021)

Bank Of Nova Scotia (BNS) reported Tax Provisions of -$77.0 million for Q4 2021, up 59.9% year-over-year from -$48.2 million in Q4 2020, and up 59.9% quarter-over-quarter from -$192.0 million in Q4 2020.

Bank Of Nova Scotia (BNS) Tax Provisions (2009 - 2021) Analysis & Trends

Bank Of Nova Scotia (BNS) has 12 years of Tax Provisions data on file, last reported at -$77.0 million in Q4 2021.

  • Tax Provisions for Q4 2021 came in at -$77.0 million, up 59.9% year-over-year; the trailing twelve-month figure through Oct 2021 was -$273.0 million (up 89.07% YoY), and the FY2025 annual result was $2.0 billion, up 31.58% from the prior year.
  • Tax Provisions improved to -$77.0 million in Q4 2021 per BNS's latest filing, from -$192.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $1.4 billion in Q2 2017 and troughed at -$2.3 billion in Q3 2017.
  • A 4-year average of -$288.2 million and a median of -$77.0 million in 2021 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2017 and 2020: Tax Provisions soared 225.05% in 2017, then tumbled 1166.67% in 2020.
  • A 4-year view of Tax Provisions shows it stood at -$22.0 million in 2017, then soared by 181.82% to $18.0 million in 2019, then plunged by 1166.67% to -$192.0 million in 2020, then surged by 59.9% to -$77.0 million in 2021.
  • Business Quant data shows BNS's Tax Provisions at -$77.0 million in Q4 2021, -$192.0 million in Q4 2020, and $18.0 million in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 537.65 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -1.98 Bn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.17 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 565.37 Mn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 602.40 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.82 Bn
7 Barclays 379.37 Bn -269.24 Bn - -860.14 Mn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 571.72 Mn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 691.00 Mn
10 Bank Of Nova Scotia - - - -

Historic Data

Download Data
DateValue
Oct 31, 2021 -77.00 Mn
Oct 31, 2020 -192.00 Mn
Oct 31, 2019 18.00 Mn
Oct 31, 2017 -22.00 Mn
Jul 31, 2017 -2.30 Bn
Apr 30, 2017 1.43 Bn
Jan 31, 2017 -877.27 Mn
Oct 31, 2016 851.00 Mn
Jul 31, 2016 744.56 Mn
Apr 30, 2016 441.00 Mn
Jan 31, 2016 1.07 Bn
Oct 31, 2015 445.00 Mn
Jul 31, 2015 372.04 Mn
Apr 30, 2015 468.00
Jan 31, 2015 477.00
Oct 31, 2014 374.00 Mn
Jul 31, 2014 598.00 Mn
Apr 30, 2014 555.00
Jan 31, 2014 475.00 Mn
Oct 31, 2013 426.00 Mn