Bank of Nova Scotia (BNS) — Tangible Net Worth Ratio
Bank of Nova Scotia (BNS) has a Tangible Net Worth Ratio of 82.3% as of July 2026. This metric is calculated by deducting intangible assets (CA$16.01 Billion) from net assets (CA$90.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Bank of Nova Scotia equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bank of Nova Scotia Tangible Net Worth Ratio (1995–2025)
This chart shows how Bank of Nova Scotia's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of July 2026, the ratio stands at 82.3%, reflecting net assets of CA$90.62 Billion with intangible assets of CA$16.01 Billion CAD. For live market cap and overall valuation, see Bank of Nova Scotia stock valuation.
Annual Tangible Net Worth Ratio for Bank of Nova Scotia (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bank of Nova Scotia from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore BNS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.4% | CA$88.59 Billion | CA$7.58 Billion | CA$1.46 Trillion | ▲ +0.8 pp |
| 2024 | 90.6% | CA$84.08 Billion | CA$7.89 Billion | CA$1.41 Trillion | ▲ +0.8 pp |
| 2023 | 89.8% | CA$78.67 Billion | CA$8.01 Billion | CA$1.41 Trillion | ▲ +0.5 pp |
| 2022 | 89.4% | CA$74.75 Billion | CA$7.96 Billion | CA$1.35 Trillion | ▼ 0.0 pp |
| 2021 | 89.4% | CA$72.89 Billion | CA$7.76 Billion | CA$1.18 Trillion | ▲ +0.3 pp |
| 2020 | 89.0% | CA$70.50 Billion | CA$7.74 Billion | CA$1.14 Trillion | ▲ +0.2 pp |
| 2019 | 88.8% | CA$70.19 Billion | CA$7.83 Billion | CA$1.09 Trillion | ▲ +0.2 pp |
| 2018 | 88.6% | CA$67.68 Billion | CA$7.71 Billion | CA$998.49 Billion | ▼ -3.5 pp |
| 2017 | 92.1% | CA$61.62 Billion | CA$4.86 Billion | CA$915.27 Billion | ▲ +0.3 pp |
| 2016 | 91.8% | CA$57.82 Billion | CA$4.76 Billion | CA$896.27 Billion | ▲ +0.1 pp |
| 2015 | 91.7% | CA$53.48 Billion | CA$4.43 Billion | CA$856.50 Billion | ▼ -0.2 pp |
| 2014 | 91.9% | CA$49.21 Billion | CA$3.98 Billion | CA$805.67 Billion | ▲ +0.2 pp |
| 2013 | 91.8% | CA$46.55 Billion | CA$3.84 Billion | CA$743.79 Billion | ▲ +0.1 pp |
| 2012 | 91.7% | CA$41.38 Billion | CA$3.45 Billion | CA$668.04 Billion | ▲ +1.5 pp |
| 2011 | 90.2% | CA$33.40 Billion | CA$3.29 Billion | CA$575.26 Billion | ▼ -7.8 pp |
| 2010 | 97.9% | CA$28.21 Billion | CA$589.00 Million | CA$526.66 Billion | ▲ +0.1 pp |
| 2009 | 97.8% | CA$25.33 Billion | CA$561.00 Million | CA$496.52 Billion | ▼ -2.2 pp |
| 2008 | 100.0% | CA$22.14 Billion | CA$0.00 | CA$507.63 Billion | ▲ +1.4 pp |
| 2007 | 98.6% | CA$19.30 Billion | CA$273.00 Million | CA$411.51 Billion | ▲ +0.2 pp |
| 2006 | 98.4% | CA$17.98 Billion | CA$294.00 Million | CA$379.01 Billion | ▲ +14.1 pp |
| 2005 | 84.3% | CA$16.39 Billion | CA$2.58 Billion | CA$314.03 Billion | ▼ -0.7 pp |
| 2004 | 85.0% | CA$17.52 Billion | CA$2.63 Billion | CA$279.21 Billion | ▲ +2.7 pp |
| 2003 | 82.3% | CA$16.94 Billion | CA$3.00 Billion | CA$285.89 Billion | ▲ +2.7 pp |
| 2002 | 79.6% | CA$16.69 Billion | CA$3.40 Billion | CA$296.38 Billion | ▲ +2.7 pp |
| 2001 | 76.9% | CA$15.69 Billion | CA$3.63 Billion | CA$284.42 Billion | ▲ +2.8 pp |
| 2000 | 74.1% | CA$13.70 Billion | CA$3.55 Billion | CA$253.17 Billion | ▲ +0.7 pp |
| 1999 | 73.4% | CA$11.60 Billion | CA$3.08 Billion | CA$222.69 Billion | ▲ +0.6 pp |
| 1998 | 72.8% | CA$10.99 Billion | CA$2.99 Billion | CA$233.59 Billion | ▲ +12.8 pp |
| 1997 | 60.0% | CA$9.54 Billion | CA$3.81 Billion | CA$195.15 Billion | ▼ -40.0 pp |
| 1996 | 100.0% | CA$7.85 Billion | CA$0.00 | CA$157.26 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CA$7.45 Billion | CA$0.00 | CA$147.19 Billion | — |