Bank Return On Assets from 2010 to 2024

BNS Stock  USD 55.31  0.53  0.97%   
Bank of Nova Scotia Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Bank of Nova earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.004727
Current Value
0.0063
Quarterly Volatility
0.00143952
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bank of Nova Scotia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Nova Scotia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 0.0 or Selling General Administrative of 28.9 B, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.0762 or PTB Ratio of 1.85. Bank financial statements analysis is a perfect complement when working with Bank of Nova Scotia Valuation or Volatility modules.
  
Check out the analysis of Bank of Nova Scotia Correlation against competitors.

Latest Bank of Nova Scotia's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Bank of Nova over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Bank of Nova Scotia's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of Nova Scotia's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Bank Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation19.35
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000207
Range0.0046
R-Value(0.59)
Mean Square Error0.00000146
R-Squared0.35
Significance0.02
Slope(0.0002)
Total Sum of Squares0.000029

Bank Return On Assets History

2024 0.0063
2023 0.004727
2022 0.005252
2021 0.007348
2020 0.008123
2019 0.005964
2018 0.007724

About Bank of Nova Scotia Financial Statements

Bank of Nova Scotia shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Bank of Nova Scotia investors may analyze each financial statement separately, they are all interrelated. The changes in Bank of Nova Scotia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bank of Nova Scotia's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.00  0.01 

Thematic Opportunities

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Additional Tools for Bank Stock Analysis

When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.