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Bank of Nova Scotia (TSX:BNS.PR.Z.PFD) Net Margin % : 19.35% (As of Oct. 2024)


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What is Bank of Nova Scotia Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bank of Nova Scotia's Net Income for the three months ended in Oct. 2024 was C$1,642.00 Mil. Bank of Nova Scotia's Revenue for the three months ended in Oct. 2024 was C$8,485.00 Mil. Therefore, Bank of Nova Scotia's net margin for the quarter that ended in Oct. 2024 was 19.35%.

The historical rank and industry rank for Bank of Nova Scotia's Net Margin % or its related term are showing as below:

TSX:BNS.PR.Z.PFD' s Net Margin % Range Over the Past 10 Years
Min: 21.8   Med: 28.64   Max: 31.47
Current: 23.08


TSX:BNS.PR.Z.PFD's Net Margin % is ranked worse than
53.62% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs TSX:BNS.PR.Z.PFD: 23.08

Bank of Nova Scotia Net Margin % Historical Data

The historical data trend for Bank of Nova Scotia's Net Margin % 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.

* Premium members only.

Bank of Nova Scotia Net Margin % Chart

Bank of Nova Scotia Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.80 31.13 31.47 23.15 23.08

Bank of Nova Scotia Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.77 25.92 24.92 22.19 19.35

Competitive Comparison of Bank of Nova Scotia's Net Margin %

For the Banks - Diversified subindustry, Bank of Nova Scotia's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Nova Scotia's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bank of Nova Scotia's Net Margin % falls into.



Bank of Nova Scotia Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bank of Nova Scotia's Net Margin for the fiscal year that ended in Oct. 2024 is calculated as

Net Margin=Net Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=7758/33615
=23.08 %

Bank of Nova Scotia's Net Margin for the quarter that ended in Oct. 2024 is calculated as

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=1642/8485
=19.35 %

* 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.


Bank of Nova Scotia  (TSX:BNS.PR.Z.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Bank of Nova Scotia Net Margin % Related Terms

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Bank of Nova Scotia Business Description

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

Bank of Nova Scotia Headlines

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