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Bank Of Nova Scotia (BNS) Tax Rate (2016 - 2026)

Bank Of Nova Scotia has reported Tax Rate over the past 16 years, most recently at 27.5% for Q1 2026.

  • Quarterly Tax Rate fell 1473.0% to 27.5% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.24% through Jan 2026, down 60.0% year-over-year, with the annual reading at 26.18% for FY2025, 570.0% up from the prior year.
  • Tax Rate was 27.5% for Q1 2026 at Bank Of Nova Scotia, up from 22.92% in the prior quarter.
  • Over five years, Tax Rate peaked at 42.23% in Q1 2025 and troughed at 9.07% in Q4 2023.
  • The 5-year median for Tax Rate is 21.0% (2025), against an average of 22.9%.
  • Year-over-year, Tax Rate tumbled -1909bps in 2024 and then surged 2272bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 18.5% in 2022, then plummeted by -51bps to 9.07% in 2023, then skyrocketed by 156bps to 23.23% in 2024, then fell by -1bps to 22.92% in 2025, then rose by 20bps to 27.5% in 2026.
  • Per Business Quant, the three most recent readings for BNS's Tax Rate are 27.5% (Q1 2026), 22.92% (Q4 2025), and 24.7% (Q3 2025).