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The Bank of Nova Scotia logo

The Bank of Nova Scotia

BNS.TOโ€ขRank #146โ€ขFinancial Servicesโ€ขBanks - Diversified

Market Cap

$110.2B

Global Rank

#146

All-Time High

$150.1B

2026-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 60% of the 367 companies we track (globally).
  • Equivalent to 4.7% of Canada's GDP (2025 data).
  • Just above: #145 Enbridge Inc. ($114.6B)
  • Just below: #147 Accenture plc ($110.0B)
  • Best year: 1996 (+60%). Worst year: 2008 (-31%).

$27.3B revenue ยท $0.0B operating income ยท $5.7B net income

  • โ—Net income margin: 21.0% โ€” $5.7B in profit.
  • โ—Free cash flow: $3.7B (13.6% of revenue).

Cost / Operating Expenses

Total operating expenses $27.3B

Total

$8.5B

Sales & marketing$0.5B5.8%
General & administrative$8.0B94.2%

Capital Expenditures

$0.3B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$3.7B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About The Bank of Nova Scotia

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by assets and deposits. In 2023, the company's seat in Forbes Global 2000 was 88. Scotiabank serves over 25 million customers globally, offering personal and commercial banking, wealth management, corporate and investment services. With 88,000 employees and assets of approximately $1.5 trillion as of January 31, 2026, Scotiabank trades on the Toronto and New York stock exchanges under the symbol BNS. Scotiabank's institution number is 002, and the SWIFT code is NOSCCATT.

The Bank of Nova Scotia Market Cap History (2026โ€“2026)

The Bank of Nova Scotia vs Sector Peers by Market Cap

S&P Global Inc.SPGI
$120.5B
HDFC Bank LimitedHDB
$119.6B
State Bank of IndiaSBIN.NS
$118.1B
The Bank of Nova ScotiaBNS.TO
$110.2B
ICICI Bank LimitedIBN
$107.1B
Oversea-Chinese Banking Corporation LimitedO39.SI
$104.2B
The PNC Financial Services Group, Inc.PNC
$101.4B
U.S. BancorpUSB
$100.2B

Compare The Bank of Nova Scotia

Ranking History

YearMarket CapRankYoY Change
2026$110.2B#146(โ†‘20)+24.3%
2025$88.6B#166(โ†‘39)+38.8%
2024$63.9B#205(โ†‘17)+27.5%
2023$50.1B#222(โ†“36)+3.7%
2022$48.3B#186(โ†“24)-22.0%
2021$61.9B#162(โ†‘21)+36.5%
2020$45.4B#183(โ†“25)-0.3%
2019$45.5B#158(โ†“26)+13.2%
2018$40.2B#132(โ†“7)-12.5%
2017$46.0B#125(โ†“11)+12.8%
2016$40.7B#114(โ†‘25)+39.8%
2015$29.1B#139(โ†“23)-11.9%
2014$33.1B#116(โ†“7)+3.7%
2013$31.9B#109(โ†“14)+20.5%
2012$26.5B#95(โ†“3)+17.8%
2011$22.5B#92(โ†‘1)-7.7%
2010$24.4B#93(โ†‘1)+20.6%
2009$20.2B#94(โ†‘14)+55.6%
2008$13.0B#108(โ†‘12)-31.0%
2007$18.8B#120(โ†“23)-0.3%
2006$18.9B#97(โ†“4)+16.6%
2005$16.2B#93(โ†“4)+17.1%
2004$13.8B#89(โ†‘7)+25.6%
2003$11.0B#96(โ†“9)+28.7%
2002$8.6B#87(โ†‘34)+10.8%
2001$7.7B#121(โ†‘10)+16.6%
2000$6.6B#131(โ†“15)+43.2%
1999$4.6B#116(โ†“17)-6.1%
1998$4.9B#99(โ†“5)+2.2%
1997$4.8B#94(โ†‘4)+50.8%
1996$3.2B#98(โ†‘7)+60.3%
1995$2.0B#105

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FAQ

What is The Bank of Nova Scotia's market cap?

The Bank of Nova Scotia (BNS.TO) has a market capitalization of $110.2B, making it the #146 largest company in the world by market cap.

What was The Bank of Nova Scotia's highest market cap?

The Bank of Nova Scotia's all-time high market cap was $150.1B, reached in 2026-12-31. Its highest rank was #146 in 2026.

What sector is The Bank of Nova Scotia in?

The Bank of Nova Scotia is in the Financial Services sector, specifically the Banks - Diversified industry. It is based in Canada.

How has The Bank of Nova Scotia's market cap changed over time?

The Bank of Nova Scotia has been tracked since 2026. Its market cap has grown by 0% from $110.2B in 2026 to $110.2B today.