Bank of Nova Scotia (Bank of Nova Scotia) Allowance For Loans And Lease Losses : $-4,714 Mil (As of Jan. 2024)

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What is Bank of Nova Scotia Allowance For Loans And Lease Losses?

Bank of Nova Scotia's Allowance For Loans And Lease Losses for the quarter that ended in Jan. 2024 was $-4,714 Mil.

Bank of Nova Scotia's quarterly Allowance For Loans And Lease Losses declined from Jul. 2023 ($-4,461 Mil) to Oct. 2023 ($-4,647 Mil) and declined from Oct. 2023 ($-4,647 Mil) to Jan. 2024 ($-4,714 Mil).

Bank of Nova Scotia's annual Allowance For Loans And Lease Losses increased from Oct. 2021 ($-4,525 Mil) to Oct. 2022 ($-3,907 Mil) but then declined from Oct. 2022 ($-3,907 Mil) to Oct. 2023 ($-4,647 Mil).

Bank of Nova Scotia Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bank of Nova Scotia's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of Nova Scotia Allowance For Loans And Lease Losses Chart

Bank of Nova Scotia Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Allowance For Loans And Lease Losses

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-3,849.42

-5,779.24

-4,524.69

-3,906.79

-4,647.03

Bank of Nova Scotia Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4,107.44	-4,253.93	-4,460.68	-4,647.03	-4,714.30

Bank of Nova Scotia Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Bank of Nova Scotia Allowance For Loans And Lease Losses Related Terms

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Bank of Nova Scotia (Bank of Nova Scotia) Business Description

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BNSPF.PFD:USA BNS:Mexico BKN:Germany BKN:Germany BNS.PR.I.PFD:Canada BNS:Canada

Address

1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1

Website

https://www.scotiabank.com

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.