• Bank Of Nova Scotia average return on equity for 2023 was 10.28, a 24.02% decline from 2022.
• Bank Of Nova Scotia average return on equity for 2022 was 13.53, a 18.37% decline from 2021.
• Bank Of Nova Scotia average return on equity for 2021 was 11.43, a 8.75% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.