Scotiabank
Connects Canadian banking, international franchises, wealth management, and capital markets across the Americas.
Something off on this page? Send us feedback.
Profile
Provides personal and commercial banking, wealth and private banking, and corporate, investment-banking, and capital-markets services across Canada and international markets. Four reportable businesses span Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets, with capital increasingly directed toward a Canada–United States–Mexico corridor.
Provides personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital-markets services across Canada and international markets. Its reportable businesses are Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets.
Builds client relationships through a Canadian branch-bank franchise and an international network rooted in the Caribbean and Latin America. Management is directing incremental capital toward a Canada–United States–Mexico corridor while simplifying Canadian operations and regionalizing the wider international footprint.
Execution depends on connecting business lines, deepening primary client relationships, and operating within overlapping prudential and conduct regimes. Capital, leverage, liquidity, deposit-insurance, consumer-protection, anti-money-laundering, sanctions, broker-dealer, swaps, and market-recordkeeping requirements shape the balance sheet and cross-border operations.
Company facts
Categories
Key statistics
Year to date +24.0% · Average volume (30d) 2.0M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating |
|---|---|---|---|---|
| Aug 26, 2026 | Scotiabank | Upgrade | Outperform | Positive |
| Aug 25, 2026 | TD Securities | Upgrade | Hold | Buy |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 25, 2026Q3 FY26 | $1.53 | $1.64 | +7.2% | $7.11B | $7.52B | +5.7% | +7.18% |
| May 27, 2026Q2 FY26 | $1.42 | $1.47 | +3.5% | $7.13B | $7.24B | +1.5% | −1.10% |
| Feb 24, 2026Q1 FY26 | $1.42 | $1.48 | +4.2% | $7.13B | $7.40B | +3.7% | +0.72% |
| Dec 2, 2025Q4 FY25 | $1.33 | $1.39 | +4.5% | $6.99B | $12.99B | +85.8% | −0.34% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $12.91B | $12.92B | $13.10B | $12.68B | $12.36B | $13.30B | |
| Gross profit | $5.42B | $5.96B | $6.09B | $6.26B | $6.04B | $6.65B | |
| Operating income | $1.85B | $2.41B | $2.06B | $2.28B | $2.47B | $2.81B | |
| Net income | $1.42B | $1.76B | $1.60B | $1.65B | $1.87B | $2.09B | |
| Diluted EPS | $1.06 | $1.32 | $1.19 | $1.24 | $1.44 | $1.63 | |
| Gross margin | 42.0% | 46.2% | 46.5% | 49.4% | 48.9% | 50.0% | |
| Operating margin | 14.3% | 18.7% | 15.7% | 18.0% | 20.0% | 21.1% |
Fiscal years (4-quarter sums)FY21 $22.24B · FY22 $22.41B · FY23 $22.87B · FY24 $46.84B · FY25 $52.64B
Balance sheet, Jul 31, 2026Cash & short-term investments $7.43B · Total debt $196.09B · Total assets $1.11T · Shareholders' equity $64.16B
Dividends
Last raised to $0.803 from $0.791 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 7, 2026 | Jul 7 | Jul 29 | $0.803 | raised from $0.791 |
| Apr 7, 2026 | Apr 7 | Apr 28 | $0.791 | cut from $0.7979 |
| Jan 6, 2026 | Jan 6 | Jan 28 | $0.7979 | raised from $0.7885 |
| Oct 7, 2025 | Oct 7 | Oct 29 | $0.7885 | cut from $0.8075 |
| Jul 2, 2025 | Jul 2 | Jul 29 | $0.8075 | raised from $0.7404 |
| Apr 1, 2025 | Apr 1 | Apr 28 | $0.7404 | raised from $0.7389 |
| Jan 7, 2025 | Jan 7 | Jan 29 | $0.7389 | cut from $0.786 |
| Oct 2, 2024 | Oct 2 | Oct 29 | $0.786 | raised from $0.775 |
Ownership
Shares outstanding 1.22B · Float 1.21B · 99.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Royal Bank of Canada | 65.85M | 5.40% | 13F | Aug 14, 2026 |
| Bank of Montreal /Can/ | 51.92M | 4.26% | 13F | Aug 12, 2026 |
| Vanguard Capital Management LLC | 35.71M | 2.93% | 13F | Aug 13, 2026 |
| CIBC World Market Inc. | 25.21M | 2.07% | 13F | Aug 13, 2026 |
| Norges Bank | 18.39M | 1.51% | 13F | Aug 12, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Royal Bank of Canada
Broad Canadian overlap across banking, wealth and capital markets
- Toronto-Dominion Bank
Canadian banking, wealth and wholesale-banking peer
- Bank of Montreal
Canadian universal-bank rival across banking, wealth, and capital markets
- CIBC
Broad Canadian banking rival spanning wealth, direct banking, and markets
- BBVA (ADR)
Major Mexican banking rival across retail, commercial, digital, and CIB
- Nano Labs (ADR)
Canadian banking, wealth and capital-markets rival with a Quebec lead
- Banco Santander-Chile (ADR)
Chile-focused banking rival across retail, SME and corporate clients
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Scotiabank | $92.09 | −0.31% | $112.63B | 16.8 | 13.8 | 2.2 | −42.3% |
| Royal Bank of Canada | $204.20 | −0.03% | $283.83B | 17.9 | 16.3 | 2.8 | −22.1% |
| Toronto-Dominion Bank | $120.19 | −0.90% | $204.85B | 18.1 | 15.8 | 2.5 | −22.1% |
| Bank of Montreal | $171.86 | −0.04% | $120.37B | 19.6 | 14.7 | 2.2 | −20.6% |
| CIBC | $114.24 | −0.10% | $105.94B | 15.3 | 14.4 | 2.3 | −17.4% |
| BBVA (ADR) | $28.93 | −0.24% | $160.23B | 13.3 | 10.5 | 3.4 | +17.8% |
| Nano Labs (ADR) | $2.14 | −4.89% | $149.5M | 0.0 | — | 0.0 | −66.1% |
| Banco Santander-Chile (ADR) | $35.14 | 0.00% | $16.55B | 13.3 | 16.0 | 3.1 | +103.5% |
| Median | 15.3 | 15.3 | 2.5 | −20.6% |