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| Date | Value |
|---|---|
| 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 |