Bank Of Nova Scotia (BNS) Tax Rate (2011 - 2026)

Bank Of Nova Scotia has disclosed Tax Rate across 16 years of filings, most recently posting 27.5% for Q1 2026.

• In Q1 2026, Tax Rate fell 1473.0% year-over-year to 27.5%; the TTM figure through Jan 2026 stood at 24.24% (down 60.0% YoY), while the FY2025 annual figure was 26.18%, up 570.0% from the prior year.
• Tax Rate rose to 27.5% in Q1 2026, from 22.92% in the prior quarter.
• Over the last five years, Tax Rate for BNS reached as high as 42.23% in Q1 2025 and fell as low as 9.07% in Q4 2023.
• The 5-year median for Tax Rate is 21.0% (2025), against an average of 22.9%.
• Annual changes were most pronounced in 2024 — Tax Rate tumbled 1909 bps — and 2025, when it surged 2272 bps.
• A 5-year view of Tax Rate shows it stood at 18.5% in 2022, then tumbled by 51 bps to 9.07% in 2023, then jumped by 156 bps to 23.23% in 2024, then slipped by 1 bps to 22.92% in 2025, then rose by 20 bps to 27.5% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 27.5%, 22.92%, and 24.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.