The Bank of Nova Scotia (BNS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	71.5B	73.2B	29.5B	31.8B	31.1B
Cost of Revenue	36.7B	40.8B	46.5B	—	—
Gross Profit	34.8B	32.4B	29.6B	31.8B	31.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	13.0B	11.5B	10.5B	10.2B	9.3B
General & Admin Expense	12.5B	10.8B	9.9B	9.6B	8.8B
Selling & Marketing Expense	552.0M	672.0M	614.0M	576.0M	480.0M
Other Expenses	8.6B	10.4B	9.2B	21.6B	(12.3B)
Total Operating Expenses	21.7B	21.9B	19.6B	31.8B	(3.0B)
Cost and Expenses	58.4B	62.7B	16.3B	31.8B	(3.0B)
Operating Income (EBIT)	13.4B	10.5B	13.2B	8.7B	28.1B
Non-Operating
Interest Income	54.7B	57.6B	61.7B	56.8B	33.6B
Interest Expense	32.1B	36.1B	42.4B	38.5B	15.4B
Net Interest Income	22.6B	21.5B	19.3B	18.3B	18.1B
Other Non-Op Income/Expense	(712.8M)	(433.7M)	(3.3B)	1.1B	(2.4B)
Non-Operating Income (excl Interest)	712.8M	433.7M	13.2B	10.5B	2.7B
EBT (Pre-Tax Income)	13.2B	10.5B	9.9B	9.8B	12.9B
Income Tax Expense	3.3B	2.8B	2.0B	2.2B	2.8B
Bottom Line
Net Income	10.0B	7.8B	7.8B	7.4B	9.9B
Earnings from Cont. Ops	9.9B	7.8B	7.9B	7.5B	9.9B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	9.5B	7.1B	7.3B	7.0B	9.7B
Per Share
Basic EPS	$7.72	$5.69	$5.94	$5.84	$8.05
Diluted EPS	$7.68	$5.69	$5.86	$5.81	$8.02
Revenue Per Share	$82.02	$58.82	$24.05	$26.56	$25.98
Shares
Basic Shares Outstanding	871.9M	1.2B	1.2B	1.2B	1.2B
Diluted Shares Outstanding	874.0M	1.2B	1.2B	1.2B	1.2B
Profitability Metrics
EBITDA	14.3B	12.1B	10.6B	11.5B	14.2B
D&A	1.2B	1.6B	1.8B	1.8B	1.5B
EBIT	13.1B	10.5B	8.8B	(1.8B)	12.7B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026