Scotiabank
BNS
$49.67
Share price
0.12%
Change (1 day)
-27.03%
Change (1 year)
Categories
Operating Margin for Scotiabank (BNS)
Operating Margin as of June 2023 (TTM): 39.28%
According to Scotiabank's latest financial reports and stock price the company's current Operating Margin is 39.28%. At the end of 2022 the company had an Operating Margin of 41.52%.
Operating Margin history for Scotiabank from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 41.52% | 0.07% |
| 2021 | 41.49% | 53.66% |
| 2020 | 27.00% | -27.2% |
| 2019 | 37.09% | -5.76% |
| 2018 | 39.36% | 2.45% |
| 2017 | 38.42% | 6.02% |
| 2016 | 36.24% | -5.5% |
| 2015 | 38.34% | -4.45% |
| 2014 | 40.13% | -1.99% |
| 2013 | 40.94% | -6.26% |
| 2012 | 43.68% | 13.07% |
| 2011 | 38.63% | -1.56% |
| 2010 | 39.24% | 18.33% |
| 2009 | 33.16% | 2.8% |
| 2008 | 32.26% | -21.13% |
| 2007 | 40.90% | 2.99% |
| 2006 | 39.71% | 1.83% |
| 2005 | 39.00% | 6.67% |
| 2004 | 36.56% | 13.97% |
| 2003 | 32.08% | 41.98% |
| 2002 | 22.59% | -23.8% |
| 2001 | 29.65% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 39.55% | 0.69% | 🇨🇦 Canada |
 HSBC HSBC | 28.50% | -27.44% | 🇬🇧 UK |
 Toronto Dominion Bank TD | 38.04% | -3.16% | 🇨🇦 Canada |
 Banco Santander México BSMX | 39.51% | 0.59% | 🇲🇽 Mexico |
 CIBC CM | 30.52% | -22.30% | 🇨🇦 Canada |
 Bank of Montreal
BMO | 53.12% | 35.23% | 🇨🇦 Canada |
 Bancolombia
CIB | 41.00% | 4.38% | 🇨🇴 Colombia |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.