Canadian banking interest margin
A wider gap between interest earned and interest paid would support profit in the bank’s largest business.
Bank of Nova Scotia reports its Q4 FY2026 results on 2 December 2026, before the market opens. Analysts expect earnings per share of 1.58 USD and revenue of 7.40B USD.
In Q3 FY2026, reported on 25 August 2026, Bank of Nova Scotia earned 1.64 USD a share against the 1.53 USD analysts expected (+7.2%), on revenue of 7.52B USD against 7.11B USD (+5.7%).
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth | Next-day move |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2027 | 1.59 | — | — | +7.58% | 7.26B | — | — | -1.89% | — | |
| Q4 FY2026 | 1.58 | — | — | +13.67% | 7.40B | — | — | -43.02% | — | |
| Q3 FY2026 | 1.53 | 1.64 | +7.19% | +19.71% | 7.11B | 7.52B | +5.68% | -42.33% | +7.2% | |
| Q2 FY2026 | 1.42 | 1.47 | +3.52% | +38.68% | 7.13B | 7.24B | +1.53% | -44.28% | +0.4% | |
| Q1 FY2026 | 1.42 | 1.48 | +4.23% | +21.31% | 7.13B | 7.40B | +3.66% | -42.80% | -0.7% | |
| Q4 FY2025 | 1.33 | 1.39 | +4.51% | +20.87% | 6.99B | 12.99B | +85.81% | -4.26% | +2.9% | |
| Q3 FY2025 | 1.28 | 1.37 | +7.03% | +15.13% | 6.82B | 13.03B | +91.02% | -6.17% | +7.1% | |
| Q2 FY2025 | 1.14 | 1.06 | -7.02% | -8.62% | 6.75B | 13.00B | +92.55% | -4.26% | +1.0% | |
| Q1 FY2025 | 1.17 | 1.22 | +4.27% | -2.40% | 6.29B | 12.93B | +105.68% | +107.19% | -1.5% | |
| Q4 FY2024 | 1.16 | 1.15 | -0.86% | +23.66% | 6.23B | 13.57B | +117.74% | +135.76% | -3.5% | |
| Q3 FY2024 | 1.19 | 1.19 | 0.00% | -8.46% | 4.66B | 13.89B | +197.94% | +130.78% | +2.9% | |
| Q2 FY2024 | 1.14 | 1.16 | +1.75% | -7.20% | 4.63B | 13.58B | +193.14% | +134.73% | -0.2% | |
| Q1 FY2024 | 1.19 | 1.25 | +5.04% | -8.76% | 4.52B | 6.24B | +38.08% | +4.62% | +2.9% | |
| Q4 FY2023 | 1.19 | 0.93 | -21.85% | -40.00% | 4.47B | 5.76B | +28.87% | +3.60% | -4.2% | |
| Q3 FY2023 | 1.28 | 1.30 | +1.56% | -38.10% | 4.43B | 6.02B | +35.95% | -0.41% | +3.0% | |
| Q2 FY2023 | 1.32 | 1.25 | -5.30% | -42.66% | 4.39B | 5.78B | +31.66% | -5.52% | -1.8% | |
| Q1 FY2023 | 1.52 | 1.37 | -9.87% | -36.28% | 6.22B | 5.96B | -4.12% | -4.84% | -6.1% | |
| Q4 FY2022 | 1.49 | 1.55 | +4.03% | -6.63% | 5.91B | 5.56B | -5.93% | -9.47% | -3.0% | |
| Q3 FY2022 | 2.11 | 2.10 | -0.47% | +4.48% | 6.38B | 6.04B | -5.24% | -1.66% | -4.6% | |
| Q2 FY2022 | 1.95 | 2.18 | +11.79% | +14.74% | 6.12B | 6.12B | +0.02% | -1.11% | +2.8% | |
| Q1 FY2022 | 2.04 | 2.15 | +5.39% | +14.36% | 6.20B | 6.27B | +1.15% | +0.13% | -1.5% | |
| Q4 FY2021 | 1.53 | 1.66 | +8.50% | +50.91% | 6.23B | 6.14B | -1.51% | +9.23% | -2.2% | |
| Q3 FY2021 | 1.90 | 2.01 | +5.79% | +168.00% | 5.46B | 6.15B | +12.49% | +7.67% | -0.3% | |
| Q2 FY2021 | 1.76 | 1.90 | +7.95% | +150.00% | 5.46B | 6.19B | +13.34% | +9.74% | -0.4% | |
| Q1 FY2021 | 1.57 | 1.88 | +19.75% | +36.23% | 6.43B | 6.26B | -2.69% | +6.26% | +3.0% | |
| Q4 FY2020 | 0.92 | 1.10 | +19.57% | -20.29% | 6.19B | 5.62B | -9.29% | -5.33% | +3.2% | |
| Q3 FY2020 | 0.82 | 0.75 | -8.54% | -46.81% | 8.25B | 5.71B | -30.85% | +5.40% | 0.0% | |
| Q2 FY2020 | 0.71 | 0.76 | +7.04% | -40.63% | 7.57B | 5.64B | -25.50% | +1.70% | +10.7% | |
| Q1 FY2020 | 1.34 | 1.38 | +2.99% | +4.55% | 7.68B | 5.89B | -23.31% | +3.63% | -1.0% | |
| Q4 FY2019 | 1.38 | 1.38 | 0.00% | +2.22% | 7.81B | 5.93B | -23.99% | +6.94% | -0.7% | |
| Q3 FY2019 | 1.37 | 1.41 | +2.92% | +3.68% | 7.31B | 5.42B | -25.88% | -0.11% | +0.5% | |
| Q2 FY2019 | 1.29 | 1.28 | -0.78% | -25.15% | 7.85B | 5.55B | -29.34% | +3.35% | -1.4% | |
| Q1 FY2019 | 1.42 | 1.32 | -7.04% | -24.57% | 7.76B | 5.68B | -26.77% | +0.68% | -2.9% | |
| Q4 FY2018 | 1.35 | 1.35 | 0.00% | -18.18% | 7.32B | 5.55B | -24.19% | +5.86% | -0.4% | |
| Q3 FY2018 | 1.37 | 1.36 | -0.73% | +7.09% | 7.18B | 5.42B | -24.50% | +0.73% | -1.7% | |
| Q2 FY2018 | 1.68 | 1.71 | +1.79% | +39.02% | 6.93B | 5.37B | -22.59% | +12.87% | -4.3% | |
| Q1 FY2018 | 1.68 | 1.75 | +4.17% | +47.06% | 6.69B | 5.65B | -15.57% | +8.80% | +0.3% | |
| Q4 FY2017 | 1.66 | 1.65 | -0.60% | +36.36% | 6.76B | 5.24B | -22.40% | +5.81% | -2.5% | |
| Q3 FY2017 | 1.29 | 1.27 | -1.55% | +5.83% | 6.66B | 5.38B | -19.16% | +8.09% | +0.3% | |
| Q2 FY2017 | 1.15 | 1.23 | +6.96% | +10.81% | 6.19B | 4.76B | -23.20% | -8.01% | +0.9% | |
| Q1 FY2017 | 1.17 | 1.19 | +1.71% | +10.19% | 6.73B | 5.19B | -22.84% | +16.30% | -4.5% | |
| Q4 FY2016 | 1.13 | 1.21 | +7.08% | +9.01% | 6.37B | 4.95B | -22.25% | +8.19% | +1.7% | |
| Q3 FY2016 | 1.14 | 1.20 | +5.26% | +1.69% | 6.34B | 4.98B | -21.46% | +8.03% | +1.1% | |
| Q2 FY2016 | 1.09 | 1.11 | +1.83% | -22.38% | 6.74B | 5.17B | -23.25% | +6.93% | -1.9% | |
| Q1 FY2016 | 1.06 | 1.08 | +1.89% | -20.59% | 6.28B | 4.46B | -28.91% | -2.78% | +7.8% | |
| Q4 FY2015 | 1.09 | 1.11 | +1.83% | 0.00% | 6.00B | 4.58B | -23.67% | -9.40% | -0.1% | |
| Q3 FY2015 | 1.15 | 1.18 | +2.61% | -36.56% | 6.08B | 4.61B | -24.22% | -21.41% | -0.5% | |
| Q2 FY2015 | 1.41 | 1.43 | +1.42% | +2.14% | 5.85B | 4.83B | -17.42% | -5.31% | +1.4% | |
| Q1 FY2015 | 1.40 | 1.36 | -2.86% | +1.49% | 6.04B | 4.59B | -23.96% | -7.11% | -1.3% | |
| Q4 FY2014 | 1.40 | 1.11 | -20.71% | -15.27% | 7.36B | 5.05B | -31.32% | +0.14% | -2.4% | |
| Q3 FY2014 | 1.43 | 1.86 | +30.07% | +40.91% | 6.58B | 5.86B | -10.86% | +15.39% | -2.0% | |
| Q2 FY2014 | 1.32 | 1.40 | +6.06% | +12.90% | 5.40B | 5.11B | -5.41% | +1.33% | +1.3% | |
| Q1 FY2014 | 1.39 | 1.34 | -3.60% | +5.51% | 5.94B | 4.94B | -16.81% | -1.90% | +0.0% | |
| Q4 FY2013 | 1.31 | 1.31 | 0.00% | +8.26% | 5.27B | 5.05B | -4.26% | +40.53% | +0.8% | |
| Q3 FY2013 | 1.32 | 1.32 | 0.00% | +7.32% | 5.26B | 5.08B | -3.30% | -7.38% | -1.5% | |
| Q2 FY2013 | 1.27 | 1.24 | -2.36% | +5.08% | 5.21B | 5.04B | -3.22% | +6.03% | -0.2% | |
| Q1 FY2013 | 1.28 | 1.27 | -0.78% | +3.25% | 5.07B | 5.04B | -0.69% | +6.65% | +0.7% | |
| Q4 FY2012 | 1.19 | 1.21 | +1.68% | +10.00% | 4.35B | 3.59B | -17.39% | -16.21% | -0.0% | |
| Q3 FY2012 | 1.20 | 1.23 | +2.50% | +7.89% | 5.37B | 5.49B | +2.10% | +21.33% | +0.2% | |
| Q2 FY2012 | 1.17 | 1.18 | +0.85% | -14.49% | 4.66B | 4.75B | +1.90% | -0.04% | +2.7% | |
| Q1 FY2012 | 1.14 | 1.23 | +7.89% | +12.84% | 4.34B | 4.72B | +8.72% | +13.35% | -2.1% | |
| Q4 FY2011 | 1.13 | 1.10 | -2.65% | +7.84% | 4.46B | 4.29B | -3.91% | +11.24% | -3.0% | |
| Q3 FY2011 | 1.11 | 1.14 | +2.70% | +15.15% | 4.18B | 4.52B | +8.09% | +23.38% | +1.9% | |
| Q2 FY2011 | 1.09 | 1.38 | +26.61% | +32.69% | 3.32B | 4.75B | +43.40% | +24.39% | +1.4% | |
| Q1 FY2011 | 1.05 | 1.09 | +3.81% | +17.20% | 3.97B | 4.17B | +4.99% | +13.74% | -1.3% | |
| Q4 FY2010 | 0.97 | 1.02 | +5.15% | +22.89% | 3.86B | 3.85B | -0.25% | +11.10% | +3.2% | |
| Q3 FY2010 | 0.96 | 0.99 | +3.13% | +12.50% | 3.67B | 3.67B | -0.01% | +4.90% | -1.4% | |
| Q2 FY2010 | 0.96 | 1.04 | +8.33% | +15.56% | 3.55B | 3.82B | +7.65% | +26.91% | +3.0% | |
| Q1 FY2010 | 0.81 | 0.93 | +14.81% | +3.33% | 3.33B | 3.66B | +10.08% | +34.18% | -1.1% | |
| Q4 FY2009 | 0.87 | 0.83 | -4.60% | -3.49% | 3.91B | 3.47B | -11.22% | +85.65% | -3.2% | |
| Q3 FY2009 | 0.83 | 0.88 | +6.02% | -10.20% | 3.55B | 3.49B | -1.50% | +6.33% | -4.0% | |
| Q2 FY2009 | 0.79 | 0.90 | +13.92% | -7.22% | 3.10B | 3.01B | -2.71% | -3.60% | +0.8% | |
| Q1 FY2009 | 0.89 | 0.90 | +1.12% | -10.89% | 3.31B | 2.73B | -17.64% | -4.21% | +1.2% | |
| Q4 FY2008 | 0.74 | 0.86 | +16.22% | -9.47% | 1.90B | 1.87B | -1.82% | -42.81% | -6.5% | |
| Q3 FY2008 | 0.95 | 0.98 | +3.16% | +2.08% | 3.27B | 3.29B | +0.58% | +8.43% | -2.4% | |
| Q2 FY2008 | 0.97 | 0.97 | 0.00% | +8.99% | 3.17B | 3.12B | -1.50% | +11.54% | -0.2% | |
| Q1 FY2008 | 1.00 | 1.01 | +1.00% | -0.98% | 2.81B | 2.85B | +1.37% | +8.31% | -3.0% | |
| Q4 FY2007 | 0.99 | 0.95 | -4.04% | +10.47% | 3.20B | 3.27B | +2.03% | +28.80% | +0.9% | |
| Q3 FY2007 | 0.95 | 0.96 | +1.05% | +21.52% | 3.17B | 3.03B | -4.31% | +18.13% | -2.3% | |
| Q2 FY2007 | 0.87 | 0.89 | +2.30% | +15.58% | 3.03B | 2.80B | -7.58% | +15.70% | +1.8% | |
| Q1 FY2007 | 0.94 | 1.02 | +8.51% | +20.00% | 2.84B | 2.63B | -7.50% | +10.07% | +2.5% | |
| Q4 FY2006 | 0.78 | 0.86 | +10.26% | +7.50% | 2.57B | 2.54B | -1.42% | +12.66% | -0.0% | |
| Q3 FY2006 | 0.79 | 0.79 | 0.00% | +2.60% | 2.89B | 2.57B | -11.21% | +20.38% | -2.1% | |
| Q2 FY2006 | 0.74 | 0.77 | +4.05% | +1.32% | 2.61B | 2.42B | -7.12% | +16.89% | +3.4% | |
| Q1 FY2006 | 0.83 | 0.85 | +2.41% | +32.81% | 2.67B | 2.39B | -10.43% | +17.25% | +0.2% | |
| Q4 FY2005 | 0.79 | 0.80 | +1.27% | +56.86% | 2.63B | 2.25B | -14.29% | +13.64% | -2.2% | |
| Q3 FY2005 | 0.77 | 0.77 | 0.00% | +11.59% | 2.61B | 2.13B | -18.29% | +13.30% | +0.1% | |
| Q2 FY2005 | 0.75 | 0.76 | +1.33% | +11.76% | 2.56B | 2.07B | -19.10% | +3.37% | +0.8% | |
| Q1 FY2005 | 0.59 | 0.64 | +8.47% | -1.54% | 2.32B | 2.04B | -12.24% | +7.20% | -0.3% | |
| Q4 FY2004 | 0.60 | 0.51 | -15.00% | -20.31% | 2.53B | 1.98B | -21.57% | +3.46% | +0.2% | |
| Q3 FY2004 | 0.69 | 0.69 | 0.00% | +13.11% | 2.50B | 1.88B | -24.81% | +2.63% | -1.5% | |
| Q2 FY2004 | 0.68 | 0.68 | 0.00% | +21.43% | 2.74B | 2.00B | -26.95% | +14.11% | +1.3% | |
| Q1 FY2004 | 0.64 | 0.65 | +1.56% | +16.07% | 2.48B | 1.90B | -23.34% | +12.34% | +0.3% | |
| Q4 FY2003 | 0.62 | 0.64 | +3.23% | +16.36% | 2.44B | 1.91B | -21.62% | +12.65% | +0.3% | |
| Q3 FY2003 | 0.60 | 0.61 | +1.67% | +15.09% | 2.52B | 1.83B | -27.31% | +9.36% | +0.7% | |
| Q2 FY2003 | 0.56 | 0.56 | 0.00% | 0.00% | 2.50B | 1.76B | -29.82% | +1.62% | -0.1% | |
| Q1 FY2003 | 0.55 | 0.56 | +1.82% | 0.00% | 2.53B | 1.69B | -33.11% | +3.48% | -0.8% | |
| Q4 FY2002 | 0.51 | 0.55 | +7.84% | +3.77% | 2.45B | 1.70B | -30.48% | +1.68% | +0.6% | |
| Q3 FY2002 | 0.53 | 0.53 | 0.00% | +1.92% | 2.66B | 1.68B | -36.97% | -4.24% | -4.4% | |
| Q2 FY2002 | 0.53 | 0.56 | +5.66% | +9.80% | 2.55B | 1.73B | -32.26% | +4.04% | -0.3% | |
| Q1 FY2002 | 0.52 | 0.56 | +7.69% | +16.67% | 2.40B | 1.64B | -31.95% | +2.98% | 0.0% | |
| Q4 FY2001 | 0.51 | 0.53 | +3.92% | +12.77% | 2.55B | 1.67B | -34.55% | +13.29% | +2.5% | |
| Q3 FY2001 | 0.51 | 0.52 | +1.96% | +20.93% | 2.63B | 1.75B | -33.42% | +9.45% | +1.6% | |
| Q2 FY2001 | 0.48 | 0.51 | +6.25% | +15.91% | 2.39B | 1.66B | -30.51% | +8.83% | 0.0% | |
| Q1 FY2001 | 0.47 | 0.48 | +2.13% | +20.00% | 2.33B | 1.59B | -31.89% | +15.78% | +7.3% | |
| Q4 FY2000 | 0.45 | 0.47 | +4.44% | +23.68% | 2.16B | 1.48B | -31.61% | +7.89% | -3.2% | |
| Q3 FY2000 | 0.43 | 0.43 | 0.00% | +13.16% | 2.38B | 1.60B | -32.67% | +24.12% | 0.0% | |
| Q2 FY2000 | 0.40 | 0.44 | +10.00% | +18.92% | 2.03B | 1.53B | -24.68% | +16.85% | 0.0% | |
| Q1 FY2000 | 0.39 | 0.40 | +2.56% | +14.29% | 1.93B | 1.37B | -28.88% | +4.48% | 0.0% | |
| Q4 FY1999 | 0.38 | 0.38 | 0.00% | +11.76% | 2.01B | 1.37B | -32.02% | +14.52% | 0.0% | |
| Q3 FY1999 | 0.38 | 0.38 | 0.00% | +11.76% | 1.94B | 1.29B | -33.66% | +6.11% | — | |
| Q2 FY1999 | 0.36 | 0.37 | +2.78% | +12.12% | 1.86B | 1.31B | -29.75% | -0.32% | — | |
| Q1 FY1999 | 0.34 | 0.35 | +2.94% | +9.38% | 1.93B | 1.31B | -31.98% | +13.82% | — | |
| Q4 FY1998 | 0.32 | 0.34 | +6.25% | +9.68% | 1.73B | 1.19B | -30.80% | +3.52% | — | |
| Q3 FY1998 | 0.33 | 0.34 | +3.03% | +13.33% | 1.78B | 1.21B | -31.66% | +2.52% | — | |
| Q2 FY1998 | 0.32 | 0.33 | +3.13% | +13.79% | 1.82B | 1.31B | -28.07% | +14.18% | — | |
| Q1 FY1998 | 0.32 | 0.32 | 0.00% | +14.29% | 1.68B | 1.15B | -31.41% | +0.07% | — | |
| Q4 FY1997 | 0.31 | 0.31 | 0.00% | +14.81% | 1.62B | 1.15B | -28.83% | +10.08% | — | |
| Q3 FY1997 | 0.30 | 0.30 | 0.00% | +15.38% | 1.64B | 1.18B | -27.57% | +20.95% | — | |
| Q2 FY1997 | 0.29 | 0.29 | 0.00% | +16.00% | 1.59B | 1.15B | -27.98% | +20.54% | — | |
| Q1 FY1997 | 0.28 | 0.28 | 0.00% | +16.67% | 1.55B | 1.15B | -25.67% | +20.70% | — | |
| Q4 FY1996 | 0.26 | 0.27 | +3.85% | +22.73% | 1.35B | 1.05B | -22.31% | — | — | |
| Q3 FY1996 | 0.25 | 0.26 | +4.00% | +18.18% | 1.29B | 979.08M | -24.23% | — | — | |
| Q2 FY1996 | 0.23 | 0.25 | +8.70% | +19.05% | 1.18B | 951.79M | -19.63% | — | — | |
| Q1 FY1996 | 0.24 | 0.24 | 0.00% | +14.29% | 1.32B | 955.15M | -27.42% | — | — | |
| Q4 FY1995 | 0.22 | 0.22 | 0.00% | +10.00% | — | — | — | — | — | |
| Q3 FY1995 | 0.21 | 0.22 | +4.76% | +10.00% | — | — | — | — | — | |
| Q2 FY1995 | 0.20 | 0.21 | +5.00% | +10.53% | — | — | — | — | — | |
| Q1 FY1995 | 0.21 | 0.21 | 0.00% | 0.00% | — | — | — | — | — | |
| Q4 FY1994 | 0.20 | 0.20 | 0.00% | 0.00% | — | — | — | — | — | |
| Q3 FY1994 | 0.20 | 0.20 | 0.00% | +5.26% | — | — | — | — | — | |
| Q2 FY1994 | 0.19 | 0.19 | 0.00% | +5.56% | — | — | — | — | — | |
| Q1 FY1994 | 0.20 | 0.21 | +5.00% | +16.67% | — | — | — | — | — | |
| Q4 FY1993 | 0.19 | 0.20 | +5.26% | — | — | — | — | — | — | |
| Q3 FY1993 | 0.18 | 0.19 | +5.56% | — | — | — | — | — | — | |
| Q2 FY1993 | 0.17 | 0.18 | +5.88% | — | — | — | — | — | — | |
| Q1 FY1993 | 0.18 | 0.18 | 0.00% | — | — | — | — | — | — | |
| Q1 FY1993 | 0.18 | 0.18 | 0.00% | — | — | — | — | — | — |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 7.23 | — | — | +10.51% | 31.05B | — | — | +6.08% |
| FY2027 | 6.54 | — | — | +6.99% | 29.27B | — | — | +0.73% |
| FY2026 | 6.11 | — | — | +21.26% | 29.06B | — | — | -44.06% |
| FY2025 | 4.98 | 5.04 | +1.17% | +6.11% | 26.65B | 51.95B | +94.91% | +9.89% |
| FY2024 | 4.91 | 4.75 | -3.33% | -2.06% | 28.93B | 47.28B | +63.44% | +100.98% |
| FY2023 | 4.95 | 4.85 | -1.93% | -39.22% | 23.08B | 23.52B | +1.90% | -1.94% |
| FY2022 | 6.17 | 7.98 | +29.24% | +7.11% | 23.41B | 23.99B | +2.46% | -3.01% |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.
A wider gap between interest earned and interest paid would support profit in the bank’s largest business.
On average, analysts' EPS estimate was 5.6% off the result, either way, and their revenue estimate 80.1%, over the last 12 quarters.
See also:Forecast,EPS,Income statement
Source: Financial Modeling Prep
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