Bank of Nova Scotia (NYSE: BNS) details capitalization and earnings coverage
Rhea-AI Filing Summary
The Bank of Nova Scotia provides an update on its consolidated capitalization and earnings coverage metrics as of April 30, 2026. Total capitalization was 94,348 million Canadian dollars, including subordinated debentures of 5,766 million and total equity of 88,582 million.
Total common equity was 77,222 million Canadian dollars, with 22,002 million in common shares and 59,876 million in retained earnings, partially offset by negative accumulated other comprehensive income and other reserves. The bank also reports consolidated ratios of earnings to fixed charges for the six months ended April 30, 2026, including 6.49 excluding interest on deposits and 1.40 including interest on deposits, along with comparable figures for each of the prior five fiscal years.
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Key Figures
Total capitalization: 94,348 million Canadian dollars
Subordinated debentures: 5,766 million Canadian dollars
Total equity: 88,582 million Canadian dollars
+5 more
8 metrics
Total capitalization
94,348 million Canadian dollars
As at April 30, 2026
Subordinated debentures
5,766 million Canadian dollars
As at April 30, 2026
Total equity
88,582 million Canadian dollars
As at April 30, 2026
Total common equity
77,222 million Canadian dollars
As at April 30, 2026
Earnings to fixed charges ratio (excl. deposits)
6.49
Six months ended April 30, 2026
Earnings to fixed charges ratio (incl. deposits)
1.40
Six months ended April 30, 2026
Earnings to combined fixed charges and preferred dividends (excl. deposits)
4.96
Six months ended April 30, 2026
Preference security dividend requirements
347 million Canadian dollars
Six months ended April 30, 2026
Key Terms
consolidated capitalization, subordinated debentures, accumulated other comprehensive income, non-controlling interests in subsidiaries, +2 more
6 terms
consolidated capitalization financial
"The following table sets forth the consolidated capitalization of The Bank of Nova Scotia"
subordinated debentures financial
"Subordinated debentures | | | 5,766"
A subordinated debenture is a type of long-term loan a company issues that ranks below other debts when paying creditors, so holders are paid only after higher-priority lenders if the company defaults. It matters to investors because this lower repayment priority raises the risk of loss, which companies typically offset by offering higher interest, making it a trade-off between yield and safety—like standing later in line for a bigger tip.
accumulated other comprehensive income financial
"Accumulated other comprehensive income | | | (4,604 | )"
Accumulated other comprehensive income is a running total on a company’s balance sheet that records certain gains and losses not included in reported profit, such as unrealized gains or losses on some investments, currency translation differences, and pension plan adjustments. Think of it like items in a shopping cart you haven’t paid for yet: it doesn’t affect current profit but changes the company’s overall equity and signals potential future swings in value that investors should watch.
non-controlling interests in subsidiaries financial
"Non-controlling interests in subsidiaries | | | 1,421"
ratios of earnings to fixed charges financial
"The following table provides the Bank’s consolidated ratios of earnings to fixed charges"
International Financial Reporting Standards financial
"based upon financial information calculated in accordance with International Financial Reporting Standards (IFRS)"
International Financial Reporting Standards are a common set of accounting rules used by companies in many countries to prepare and present their financial statements. They matter to investors because they make results easier to compare across borders — like using the same measuring tape — so investors can assess profitability, cash flow and risk more reliably and spot differences that come from business performance rather than differing accounting methods.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is The Bank of Nova Scotia (BNS) total capitalization as of April 30, 2026?
The Bank of Nova Scotia reported total capitalization of 94,348 million Canadian dollars as at April 30, 2026. This figure includes subordinated debentures and total equity, providing a snapshot of the bank’s overall long-term funding and capital structure at that date.
How much equity did The Bank of Nova Scotia (BNS) report as of April 30, 2026?
Total equity was 88,582 million Canadian dollars as at April 30, 2026. This includes 87,161 million attributable to equity holders of the bank and 1,421 million of non-controlling interests in subsidiaries, showing the capital base supporting the bank’s operations.
What was BNS’s consolidated ratio of earnings to fixed charges for the six months ended April 30, 2026?
The consolidated ratio of earnings to fixed charges was 6.49 excluding interest on deposits and 1.40 including interest on deposits. These ratios indicate how many times earnings covered fixed financing costs during the six-month period ended April 30, 2026.
What were The Bank of Nova Scotia’s consolidated ratios of earnings to combined fixed charges and preferred dividends?
For the six months ended April 30, 2026, the ratio was 4.96 excluding interest on deposits and 1.37 including interest on deposits. These measures compare earnings to the sum of fixed charges and preferred security dividend requirements.
How large is BNS’s common equity base according to the latest capitalization table?
Total common equity was 77,222 million Canadian dollars as at April 30, 2026. This consists of 22,002 million in common shares, 59,876 million in retained earnings, and adjustments from accumulated other comprehensive income and other reserves.
What earnings figure underlies BNS’s fixed charge ratios for the six months ended April 30, 2026?
Earnings used for the fixed charge ratio excluding deposits were 7,318 million Canadian dollars. This is based on income from continuing operations before income taxes, adjusted for gains from investees and combined with fixed charges, as detailed in the computation table.