The Bank of Nova Scotia
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including … Read more
The Bank of Nova Scotia (BNS) - Net Assets
Latest net assets as of January 2026: MX$89.02 Billion MXN
Based on the latest financial reports, The Bank of Nova Scotia (BNS) has net assets worth MX$89.02 Billion MXN as of January 2026.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$1.48 Trillion) and total liabilities (MX$1.39 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$89.02 Billion |
| % of Total Assets | 6.03% |
| Annual Growth Rate | 5.49% |
| 5-Year Change | 21.53% |
| 10-Year Change | 43.75% |
| Growth Volatility | 78.63 |
The Bank of Nova Scotia - Net Assets Trend (2014–2025)
This chart illustrates how The Bank of Nova Scotia's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Bank of Nova Scotia (2014–2025)
The table below shows the annual net assets of The Bank of Nova Scotia from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | MX$88.59 Billion | +5.37% |
| 2024-10-31 | MX$84.08 Billion | +6.88% |
| 2023-10-31 | MX$78.67 Billion | +5.24% |
| 2022-10-31 | MX$74.75 Billion | +2.55% |
| 2021-10-31 | MX$72.89 Billion | +3.39% |
| 2020-10-31 | MX$70.50 Billion | +0.44% |
| 2019-10-31 | MX$70.19 Billion | +3.71% |
| 2018-10-31 | MX$67.68 Billion | -12.55% |
| 2017-12-31 | MX$77.39 Billion | +25.58% |
| 2017-10-31 | MX$61.62 Billion | +141.96% |
| 2017-03-31 | MX$25.47 Billion | -66.51% |
| 2016-12-31 | MX$76.05 Billion | +31.53% |
| 2016-10-31 | MX$57.82 Billion | +196.78% |
| 2016-03-31 | MX$19.48 Billion | -74.09% |
| 2015-12-31 | MX$75.18 Billion | +40.58% |
| 2015-10-31 | MX$53.48 Billion | +201.15% |
| 2015-03-31 | MX$17.76 Billion | -63.91% |
| 2014-10-31 | MX$49.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Bank of Nova Scotia's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 105.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$58.92 Billion | 67.82% |
| Other Components | MX$27.95 Billion | 32.18% |
| Total Equity | MX$86.87 Billion | 100.00% |
The Bank of Nova Scotia Competitors by Market Cap
The table below lists competitors of The Bank of Nova Scotia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investor AB Series B
LSE:0NC6
|
$76.75 Billion |
|
BNP Paribas SA
OTCQX:BNPQF
|
$76.94 Billion |
|
FedEx Corporation
NYSE:FDX
|
$77.00 Billion |
|
HCA Holdings Inc
NYSE:HCA
|
$77.08 Billion |
|
Brookfield Corp
NYSE:BN
|
$76.43 Billion |
|
AIA Group Ltd
PINK:AAIGF
|
$75.83 Billion |
|
Marriott International Inc
NASDAQ:MAR
|
$75.49 Billion |
|
Safran SA
PINK:SAFRF
|
$75.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Bank of Nova Scotia's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 82,369,000,000 to 86,866,000,000, a change of 4,497,000,000 (5.5%).
- Net income of 7,789,000,000 contributed positively to equity growth.
- Dividend payments of 5,875,000,000 reduced retained earnings.
- Share repurchases of 2,583,000,000 reduced equity.
- New share issuances of 3,058,000,000 increased equity.
- Other factors increased equity by 2,108,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$7.79 Billion | +8.97% |
| Dividends Paid | MX$5.88 Billion | -6.76% |
| Share Repurchases | MX$2.58 Billion | -2.97% |
| Share Issuances | MX$3.06 Billion | +3.52% |
| Other Changes | MX$2.11 Billion | +2.43% |
| Total Change | MX$- | 5.46% |
Book Value vs Market Value Analysis
This analysis compares The Bank of Nova Scotia's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 18.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 25.92x to 18.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | MX$50.06 | MX$1297.39 | x |
| 2018-10-31 | MX$53.16 | MX$1297.39 | x |
| 2019-10-31 | MX$55.52 | MX$1297.39 | x |
| 2020-10-31 | MX$56.23 | MX$1297.39 | x |
| 2021-10-31 | MX$58.26 | MX$1297.39 | x |
| 2022-10-31 | MX$61.46 | MX$1297.39 | x |
| 2023-10-31 | MX$63.37 | MX$1297.39 | x |
| 2024-10-31 | MX$66.19 | MX$1297.39 | x |
| 2025-10-31 | MX$70.26 | MX$1297.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Bank of Nova Scotia utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.00%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 16.81x
- Recent ROE (8.97%) is below the historical average (13.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.73% | 32.29% | 0.03x | 17.92x | MX$2.57 Billion |
| 2015 | 16.81% | 15.05% | 0.24x | 4.61x | MX$1.21 Billion |
| 2015 | 14.29% | 31.73% | 0.03x | 17.45x | MX$2.11 Billion |
| 2015 | 8.15% | 17.43% | 0.04x | 10.47x | MX$-1.39 Billion |
| 2016 | 19.13% | 19.63% | 0.22x | 4.35x | MX$1.78 Billion |
| 2016 | 12.65% | 27.44% | 0.03x | 15.93x | MX$1.49 Billion |
| 2016 | 7.86% | 17.26% | 0.04x | 10.72x | MX$-1.63 Billion |
| 2017 | 38.27% | 51.84% | 0.23x | 3.23x | MX$7.20 Billion |
| 2017 | 13.33% | 29.93% | 0.03x | 15.25x | MX$2.00 Billion |
| 2017 | 7.90% | 16.10% | 0.04x | 11.01x | MX$-1.63 Billion |
| 2018 | 13.10% | 30.29% | 0.03x | 15.31x | MX$2.03 Billion |
| 2019 | 12.43% | 27.61% | 0.03x | 16.09x | MX$1.64 Billion |
| 2020 | 9.95% | 21.80% | 0.03x | 16.68x | MX$-34.70 Million |
| 2021 | 13.59% | 31.81% | 0.03x | 16.73x | MX$2.54 Billion |
| 2022 | 13.54% | 31.84% | 0.02x | 18.43x | MX$2.59 Billion |
| 2023 | 9.54% | 23.15% | 0.02x | 18.34x | MX$-354.80 Million |
| 2024 | 9.42% | 23.08% | 0.02x | 17.14x | MX$-478.90 Million |
| 2025 | 8.97% | 21.00% | 0.03x | 16.81x | MX$-897.60 Million |
Industry Comparison
This section compares The Bank of Nova Scotia's net assets metrics with peer companies in the Banks - Diversified industry.
No peer company data available for comparison.