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% year-over-year from $511.4 million in Q1 2025, and up 32.87% quarter-over-quarter from $472.9 million in Q4 2025.
Bank Of Nova Scotia (BNS) Tax Provisions (2009 - 2026) Analysis & Trends
Bank Of Nova Scotia (BNS) has reported Tax Provisions for 18 consecutive years, with $628.3 million the latest figure, recorded in 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 climbed to $628.3 million in Q1 2026 per BNS's latest filing, from $472.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $819.2 million in Q1 2023 and bottomed at $99.6 million in Q4 2023.
- Historically, Tax Provisions has averaged $464.2 million across 5 years, with a median of $396.0 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 72.16% — and 2024, when it soared 275.85%.
- Bank Of Nova Scotia's Tax Provisions stood at $357.6 million in 2022, then tumbled by 72.16% to $99.6 million in 2023, then jumped by 275.85% to $374.2 million in 2024, then climbed by 26.38% to $472.9 million in 2025, then jumped by 32.87% to $628.3 million in 2026.
- Business Quant data shows BNS's Tax Provisions at $628.3 million in Q1 2026, $472.9 million in Q4 2025, and $603.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.19 Bn | -146.30 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Hsbc Holdings | 357.13 Bn | 357.13 Bn | - | 6.18 Bn |
| 3 | Royal Bank Of Canada | 287.76 Bn | 88.84 Bn | - | 1.17 Bn |
| 4 | Wells Fargo & Company | 255.06 Bn | 51.09 Bn | - | 1.40 Bn |
| 5 | Mitsubishi Ufj Financial | 251.82 Bn | -141.80 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Citigroup | 223.75 Bn | -2,078.55 Bn | 24.75 Bn | 2.01 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 195.06 Bn | 20.57 Bn | - | 565.37 Mn |
| 9 | UBS Group AG | 167.67 Bn | -48.05 Bn | - | - |
| 10 | Bank Of Nova Scotia | 108.36 Bn | -55.98 Bn | - | 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 |