Bank Of Nova Scotia (BNS) Tax Rate (2011 - 2021)

Bank Of Nova Scotia (BNS) reported Tax Rate of 2.37% for Q4 2021, up 859.0% year-over-year from 0.25% in Q4 2020, and up 78.36% quarter-over-quarter from 10.96% in Q4 2020.

Bank Of Nova Scotia (BNS) Tax Rate (2011 - 2021) Analysis & Trends

Bank Of Nova Scotia (BNS) has 10 years of Tax Rate data on file, last reported at 2.37% in Q4 2021.

  • Tax Rate for Q4 2021 came in at 2.37%, up 859.0% year-over-year; the trailing twelve-month figure through Oct 2021 was 2.38% (up 3743.0% YoY), and the FY2025 annual result was 26.18%, up 570.0% from the prior year.
  • Tax Rate grew to 2.37% in Q4 2021 per BNS's latest filing, from 10.96% in the prior quarter.
  • Over five years, Tax Rate peaked at 79.65% in Q2 2017 and troughed at 86.85% in Q3 2017.
  • A 4-year average of 9.43% and a median of 2.37% in 2021 frame the typical range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 5072 bps in 2017 and fell as far as 12445 bps in 2017.
  • A 4-year view of Tax Rate shows it stood at 1.05% in 2017, then soared by 114 bps to 0.15% in 2019, then tumbled by 7321 bps to 10.96% in 2020, then jumped by 78 bps to 2.37% in 2021.
  • Business Quant data shows BNS's Tax Rate at 2.37% in Q4 2021, 10.96% in Q4 2020, and 0.15% in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 23.02%
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -21.14%
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 21.90%
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 25.14%
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.49%
7 Barclays 379.37 Bn -269.24 Bn - -22.67%
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 26.08%
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 11.55%
10 Bank Of Nova Scotia - - - -

Historic Data

Download Data
DateValue
Oct 31, 2021 -2.37%
Oct 31, 2021 -2.37%
Oct 31, 2020 -10.96%
Oct 31, 2020 -10.96%
Oct 31, 2019 0.15%
Oct 31, 2019 0.15%
Oct 31, 2017 -1.05%
Oct 31, 2017 -1.05%
Jul 31, 2017 -86.85%
Jul 31, 2017 -86.85%
Apr 30, 2017 79.65%
Apr 30, 2017 79.65%
Jan 31, 2017 -44.55%
Jan 31, 2017 -44.55%
Oct 31, 2016 43.70%
Oct 31, 2016 43.70%
Jul 31, 2016 37.60%
Jul 31, 2016 37.60%
Apr 30, 2016 28.93%
Apr 30, 2016 28.93%