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Bank Of Nova Scotia  (BNS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Bank Of Nova Scotia's ROA from the fourth quarter of 2023 to the fourth quarter of 2020 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Bank Of Nova Scotia's ROA in the fourth quarter of 2023?
Bank Of Nova Scotia achieved a return on average assets (ROA) of 28.55 % in its fourth quarter of 2023, this is above BNS's average return on assets of 0.74%.
Bank Of Nova Scotias assets during the 12 months ending in the fourth quarter of 2023 are valued at $20 billion

ROA has improved compared to 8.94% in the third quarter of 2023, due to net income growth.

However, within the Financial sector 716 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 2419.

What is ROA?


Return On Assets (Oct 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Jan 31 2020)
I. Quarter
Y / Y Total Assets Change 5.41 % 21.48 % 21.48 % 20.1 % 15.24 %
Y / Y Net Income Change 223.65 % - - - -
Net Income (TTM) in million 5,766 1,782 8,521 8,521 8,521
Return On Assets (TTM) 28.55 % 8.94 % 44.74 % 46.94 % 49.24 %
BNS's Total Ranking # 2419 # # # #
Total Assets (TTM) in million 20,196 20,196 20,196 20,196 19,159
Seq. Total Assets Change 0 % 0 % 0 % 5.41 % 15.24 %
Seq. Net Income Change - - - - -73.56 %



Return On Assets Company Ranking
Within: No.
Industry # 184
Sector # 717
Overall # 2416

Return On Assets Statistics
High Average Low
0.87 %
0.74 %
0.53 %
(Oct 31 2018)   (Oct 31 2023)





Financial Statements
Bank Of Nova Scotia's Assets $ 20,196 million BNS's Balance sheet
Bank Of Nova Scotia's Income $ 5,766 million Quarterly BNS's Income Statement
BNS's Income by Division See BNS's Income by Division



Annual Return On Assets (Oct 31 2023)
FY 2023
(Oct 31 2019)
FY 2019
(Oct 31 2018)
FY 2018

FY

FY
Y / Y Total Assets Change 21.48 % -2.85 % - - -
Total Assets in million 20,196 16,625 17,113 0 0
Y / Y Net Income Change -14.44 % 0.85 % - - -
Net Income in million 5,766 6,739 6,683 0 0
Return On Assets 28.55 % 40.54 % 39.05 % - -




Comment on BNS's ROA in the fiscal year ending 2023
In the fiscal year 2023 Bank Of Nova Scotia's ROA decreased compared to previous year to 28.55 %, due to deterioration of net income -14.44 % to $5,766.45 million, from $6,739.27 million a year ago, as BNS's assets were $20,195.59 million.


More Return On Assets Ratios
BNS's' Return on Assets at Yahoo Finance
Regional Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
BNS's Roa Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for BNS's Competitors
Roa for Bank Of Nova Scotia's Suppliers
Return On Assets for BNS's Customers

You may also want to know
BNS's Roi BNS's Inventory Turnover Ratio BNS's Growth Rates BNS's Dividend Comparisons
BNS's Profitability Ratios BNS's Asset Turnover Ratio BNS's Dividend Growth
BNS's Roe BNS's Valuation Ratios BNS's Financial Strength Ratios BNS's Dividend Payout Ratio



Companies with similar Return On Assets at Oct 31 2023, within Financial Sector ROA
Composecure Inc   57.31 %
Avantax Inc   44.04 %
Dynamic Shares Trust  43.43 %
Frontier Funds  24.70 %
United States Oil Fund Lp  24.22 %
United States 12 month Oil Fund Lp  22.91 %
Kingsway Financial Services Inc  22.81 %
Artisan Partners Asset Management Inc   20.76 %
Cohen and Steers Inc   20.16 %
Sei Investments Company  19.26 %
Diamond Hill Investment Group Inc   18.99 %
Landcadia Holdings Iv inc   18.91 %
Corvel Corporation  18.08 %
Erie Indemnity Company  17.01 %
Abrdn Silver Etf Trust  16.72 %
Affiliated Managers Group inc   16.71 %
Hamilton Lane Inc  15.69 %
Marketaxess Holdings Inc   15.03 %
Capitalworks Emerging Markets Acquisition Corp  14.64 %
Federated Hermes Inc   13.74 %
Pjt Partners Inc   13.63 %
Brightsphere Investment Group Inc   13.55 %
Price T Rowe Group Inc  13.49 %
Value Line Inc  13.48 %
Public Storage  11.77 %
Nmi Holdings Inc   11.76 %
Mgic Investment Corp  11.40 %
Futures Portfolio Fund L p   11.37 %
Essent Group Ltd   11.27 %
Enact Holdings Inc   11.11 %


Date modified: 2023-11-29T14:30:52+00:00


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