Scotiabank
Financial Performance
Scotiabank Revenue & Financials
Revenue
~$27.2B (FY2025)
Market Cap
$90B
Net Income
~$5.6B
Employees
88,000
What is Scotiabank's revenue?
Scotiabank had ~$27.2B in revenue for fiscal year 2025, up 12.1% from 2024. Net income was ~$5.6B.
- Latest revenue
- ~$27.2B (FY2025)
- Year-over-year
- +12.1%
- Growth rate (CAGR)
- 4.1% over 9 years
- Peak revenue
- ~$27.2B (FY2025)
- Years of data
- 10
- Employees
- 88,000
- How much profit does Scotiabank make?
- Scotiabank reported net income of ~$5.6B for fiscal year 2025.
- How many employees does Scotiabank have?
- Scotiabank has about 88,000 employees.
Financial Analysis
In fiscal year 2024 (ended October 31, 2024), Scotiabank reported total revenue of C$33.670B and net income of C$7.892B, with total balance sheet assets standing at C$1.412 trillion. Strong performance in Canadian Banking and Global Wealth Management balanced higher loan loss provisions in International Banking, while Common Equity Tier 1 (CET1) capital stood robust at 12.8%.
Revenue Trend Analysis
YoY Change
+12.1%
9-Year CAGR
+4.1%
Peak Year
2025
Trend
Consistent Growth
Scotiabank has 10 full fiscal year figures on this page, compounding at +4.1% annually over 9 years. The most recent year saw a 12.1% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$27.2B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $37.7B | $7.8B | +12.1% |
| FY2024 | $33.7B | $7.9B | +4.5% |
| FY2023 | $32.2B | $7.5B | +2.5% |
| FY2022 | $31.4B | $10.2B | +0.5% |
| FY2021 | $31.3B | $10B | -0.3% |
| FY2020 | $31.3B | $6.9B | +1.0% |
| FY2019 | $31B | $8.8B | +7.9% |
| FY2018 | $28.8B | $8.7B | +6.0% |
| FY2017 | $27.2B | $8.2B | +3.1% |
| FY2016 | $26.4B | $7.4B | — |
Click any row to see year details.
Keep researching Scotiabank
Scotiabank Revenue and Financial FAQ
What was Scotiabank's total revenue and net income for FY2024?
Scotiabank reported consolidated enterprise revenue of CAD $33.67 billion and GAAP net income of CAD $7.892 billion for fiscal year 2024, demonstrating resilient earnings across Canadian and international banking units.
What is Scotiabank's Common Equity Tier 1 (CET1) capital ratio?
Scotiabank maintained a robust CET1 ratio of 13.2% at the end of fiscal 2024, comfortably exceeding the regulatory requirements established by the Office of the Superintendent of Financial Institutions (OSFI).
What is Scotiabank's dividend yield and payout track record?
Scotiabank has paid continuous dividends to shareholders every year since 1833, offering one of the highest dividend yields among Canadian Big 5 banks (typically 5.5% to 6.5%) with a targeted payout ratio of 40% to 50% of adjusted earnings.
What is the scale of Scotiabank's total assets and loans?
Scotiabank manages approximately CAD $1.4 trillion in total consolidated assets, with over CAD $750 billion in net residential mortgages and corporate commercial loans.
What are Scotiabank's credit ratings?
Scotiabank holds top-tier investment-grade credit ratings: Aa2 from Moody's, A+ from S&P Global, and AA from Fitch Ratings, reflecting its high asset quality and protected sovereign banking environment.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Scotiabank Revenue & Financials." CorpDigest, https://corpdigest.com/company/scotiabank/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Scotiabank reported $37.7B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/scotiabank/financials" target="_blank" rel="noopener">CorpDigest — Scotiabank financials</a></div>Related Financial Audits
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