• Bank Of Nova Scotia average return on assets for 2023 was 0.58, a 27.5% decline from 2022.
• Bank Of Nova Scotia average return on assets for 2022 was 0.8, a 14.29% decline from 2021.
• Bank Of Nova Scotia average return on assets for 2021 was 0.7, a 7.69% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.