Bank of Nova Scotia (Bank of Nova Scotia) Capital Adequacy Tier - Tier 1 Ratio % : 14.80% (As of Oct. 2023)

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What is Bank of Nova Scotia Capital Adequacy Tier - Tier 1 Ratio %?

Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.

Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Oct. 2023 was 14.80% , which is higher than 0.00% for the pervious quarter ended in . 20.

Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio % for the annual that ended in Oct. 2023 was 14.80% , which is higher than 13.20% for the pervious year ended in Oct. 2022.

The historical rank and industry rank for Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:

BNS's Capital Adequacy Tier - Tier 1 Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Tier 1 Ratio % only.

Bank of Nova Scotia Capital Adequacy Tier - Tier 1 Ratio % Historical Data

The historical data trend for Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio % 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 Capital Adequacy Tier - Tier 1 Ratio % Chart

Bank of Nova Scotia Annual Data

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Oct19

Oct20

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Oct22

Oct23

Capital Adequacy Tier - Tier 1 Ratio %

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Capital Adequacy Tier - Leverage Ratio %

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Capital Adequacy Tier - Total Capital Ratio %

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Bank of Nova ScotiaQuarterly Data

Trend

Oct23

Capital Adequacy Tier - Tier 1 Ratio %

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Capital Adequacy Tier - Leverage Ratio %

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Capital Adequacy Tier - Total Capital Ratio %

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Competitive Comparison of Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio %

For the Banks - Diversified subindustry, Bank of Nova Scotia's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bank of Nova Scotia (NYSE:BNS) Capital Adequacy Tier - Tier 1 Ratio % Calculation

Capital Adequacy Tier - Tier 1 Ratio % is calculated as

Capital Adequacy Tier - Tier 1 Ratio %

Tier 1 Capital

Total Risk Weighted Assets

Bank of Nova Scotia (NYSE:BNS) Capital Adequacy Tier - Tier 1 Ratio % Explanation

Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).

The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.

Bank of Nova Scotia Capital Adequacy Tier - Tier 1 Ratio % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (NYSE:BNS) » Definitions » Capital Adequacy Tier - Tier 1 Ratio %

Comparable Companies

Traded in Other Exchanges

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.