Bank of Nova Scotia filings document the regulatory disclosures of a Canadian bank and foreign private issuer whose securities trade on the TSX and NYSE under BNS. Its Form 6-K reports include earnings-related releases, capitalization and earnings-ratio exhibits, Canadian certification materials, and updates incorporated by reference into Form F-3 and Form S-8 registration statements.
The bank’s filings also record governance and shareholder matters, including proxy circular materials, board mandates, by-law amendments, annual and special meeting voting results, and director-election outcomes. Capital-structure disclosures cover common shares, preferred shares and other equity instruments, subordinated indebtedness, normal course issuer bids, and other regulatory capital matters.
The Bank of Nova Scotia priced a preliminary offering of senior, unsecured equity index-linked securities with a face amount of $1,000 per security linked to the EURO STOXX 50® Index, with an expected Issue Date of April 6, 2026 and a stated maturity date of October 4, 2029.
The securities provide at least an 162% upside participation rate if the ending level exceeds the starting level, contingent principal protection to a 75% threshold (no loss above that threshold), and full downside exposure if the ending level is below the threshold. The Bank's estimated value at pricing is between $922.06 and $952.06 per security.
The Bank of Nova Scotia priced a preliminary senior note offering: auto-callable, equity-linked securities tied to NVIDIA Corporation with a stated maturity of March 22, 2027.
Each security has a $1,000 face amount and an original offering price of $1,000. The contingent coupon rate will be set on the pricing date and will be at least 16.50% per annum; coupon payments are paid monthly only if the Underlying Stock's closing price on a calculation day is at least 70% of the starting price. The securities may be automatically called on monthly calculation days from September 2026 through February 2027 if the closing price is at or above the starting price. If not called, principal at maturity depends on the ending price versus a downside threshold equal to 70% of the starting price; losses can exceed 30% of the face amount. The Bank's estimated value at pricing is between $929.13 and $959.13 per security.
The Bank of Nova Scotia is offering Dual Directional Capped Buffered Notes linked to the S&P 500® Index due March 2, 2028. The Notes have a $1,000 Principal Amount per Note with an Original Issue Price of 100.00% and an initial estimated value range of $949.81 to $979.81 per $1,000 Principal Amount. The Trade Date is expected to be February 27, 2026, Original Issue Date March 4, 2026, Final Valuation Date February 28, 2028 and Maturity Date March 2, 2028. The Notes provide upside participation capped at a Maximum Upside Return of at least 17.79%, a Buffer Value equal to 80.00% of the Initial Value, and a Downside Leverage Factor of 1.25. All payments are cash-settled at maturity and are subject to the credit risk of the Bank.
The Bank of Nova Scotia has furnished a Form 6-K providing updated consolidated capitalization and earnings coverage ratios as supplemental information to its existing shelf and employee plans.
As at January 31, 2026, subordinated debentures were 5,807 million Canadian dollars and total capitalization was 94,829 million. Total equity attributable to equity holders was 87,588 million, including common equity of 77,649 million and preferred shares and other equity instruments of 9,939 million.
For the three months ended January 31, 2026, the consolidated ratio of earnings to fixed charges was 6.50 excluding interest on deposits and 1.38 including interest on deposits. The ratio of earnings to combined fixed charges and preferred dividends was 4.87 excluding deposit interest and 1.35 including it, with comparable figures shown for each of the prior five fiscal years.
The Bank of Nova Scotia filed a report providing detailed earnings coverage ratios for its preferred shares, other equity instruments, and subordinated debt for the twelve months ended January 31, 2026.
The Bank’s grossed up dividend coverage on outstanding preferred shares and other equity instruments was 17.37 times, and interest coverage on subordinated indebtedness was 33.67 times. Combined grossed up dividend and interest coverage on preferred shares, other equity instruments and subordinated indebtedness was 11.69 times. Dividend requirements on all outstanding preferred shares and other equity instruments were $681 million, using an effective income tax rate of 24.22%, while interest requirements on subordinated indebtedness were $362 million. Earnings before interest on subordinated indebtedness and income tax were $12,188 million after non-controlling interest. The Bank also reported consolidated ratios of earnings to fixed charges of 5.55 times excluding interest on deposits and 1.33 times including interest on deposits, all based on IFRS figures.
The Bank of Nova Scotia filed a Form 6-K furnishing Canadian officer certifications for its interim financial report and MD&A for the period ended January 31, 2026. The filing states that, based on reasonable diligence, these interim filings contain no material misrepresentations and fairly present the bank’s financial condition, performance and cash flows.
The President and Chief Executive Officer and the Group Head and Chief Financial Officer confirm their responsibility for disclosure controls and procedures and internal control over financial reporting. They note that the bank’s internal control framework is based on the 2013 COSO criteria and that any material changes in internal control over financial reporting during the period from November 1, 2025 to January 31, 2026 have been disclosed in the interim MD&A.
The Bank of Nova Scotia reported Q1 2026 net income of $2,299 million, up sharply from $993 million a year earlier, as last year included a large Latin American impairment. Diluted EPS rose to $1.73 from $0.66, while return on equity improved to 11.1% from 5.5%.
On an adjusted basis, net income was $2,695 million, up 14% year over year, with adjusted diluted EPS of $2.05. Total revenue grew to $10,077 million on an adjusted basis, supported by higher net interest income and stronger wealth and trading revenues, partly offset by divested operations.
The bank completed the sale of its Colombia, Costa Rica and Panama businesses to Davivienda Group, recording a further pre-tax loss of $434 million ($377 million after tax). The net interest margin widened to 2.45%, the adjusted productivity ratio improved to 52.3%, and the Common Equity Tier 1 capital ratio rose to 13.3%, indicating a solid capital position.
The Bank of Nova Scotia announced a dividend on its outstanding shares, payable on April 28, 2026 to shareholders of record at the close of business on April 7, 2026. Holders may choose to receive this dividend in common shares instead of cash through the Bank’s Shareholder Dividend and Share Purchase Plan.
Under the plan, Scotiabank has discontinued issuing common shares from treasury and will instead have Computershare Trust Company of Canada purchase any required shares in the secondary market, with related brokerage commissions and service charges paid by the Bank. Scotiabank reports assets of approximately $1.5 trillion as of January 31, 2026.
Bank of Nova Scotia posted much stronger results for the first quarter of 2026. Reported net income rose to $2,299 million from $993 million a year earlier, with diluted EPS increasing to $1.73 from $0.66, reflecting the absence of last year’s sizeable Latin American impairment.
On an adjusted basis, net income grew to $2,695 million from $2,362 million and diluted EPS climbed 16% to $2.05 from $1.76, driving adjusted return on equity up to 13% from 11.8%. All major business lines contributed: Canadian Banking earnings rose to $960 million, International Banking to $737 million, Global Wealth Management adjusted earnings to $491 million and Global Banking and Markets earnings to $544 million.
Credit costs remained elevated but stable, with provision for credit losses at $1,176 million versus $1,162 million last year, while the common equity Tier 1 capital ratio strengthened to 13.3%, leaving the bank comfortably above regulatory minimums.
The Bank of Nova Scotia offers Autocallable Contingent Coupon Trigger Notes linked to the common stock of Verisk Analytics, Inc.
The notes have a principal amount of $1,000 per note and an expected maturity date of April 8, 2027. They pay a contingent coupon of 1.075% monthly (up to 12.90% per annum) on an observation date when the closing price of the reference asset is at or above the coupon barrier. Observation dates are expected monthly beginning April 2026; call observation dates begin in September 2026.
If any call observation date has a closing price equal to or above the initial price the notes are automatically called and investors receive $1,000 plus the contingent coupon. If not called and the final price is below the trigger price (set at 68.00% of the initial price), holders will receive a share delivery amount at maturity, which may result in a substantial loss of principal. The initial estimated value range on the trade date is expected to be between $925.00 and $955.00 per $1,000 principal amount; original issue price is 100%.