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Side-by-side financial comparison of Amalgamated Financial Corp. (AMAL) and BANK OF NOVA SCOTIA (BNS). Click either name above to swap in a different company.

BANK OF NOVA SCOTIA is the larger business by last-quarter revenue ($7.0B vs $77.9M, roughly 90.4× Amalgamated Financial Corp.).

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by assets and deposits. In 2023, the company's seat in Forbes Global 2000 was 88. Scotiabank serves over 25 million customers globally, offering personal and commercial banking, wealth management, corporate and investment services. With 88,000 employees and assets of approxi...

AMAL vs BNS — Head-to-Head

Bigger by revenue
BNS
BNS
90.4× larger
BNS
$7.0B
$77.9M
AMAL

Income Statement — Q4 2025 vs Q1 2026

Metric
AMAL
AMAL
BNS
BNS
Revenue
$77.9M
$7.0B
Net Profit
$1.7B
Gross Margin
Operating Margin
42.7%
Net Margin
23.8%
Revenue YoY
6.5%
Net Profit YoY
EPS (diluted)
$0.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMAL
AMAL
BNS
BNS
Q1 26
$7.0B
Q4 25
$77.9M
$7.2B
Q3 25
$76.4M
$6.9B
Q2 25
$72.9M
$6.6B
Q1 25
$70.6M
Q4 24
$73.1M
Q3 24
$72.1M
Q2 24
$69.2M
Net Profit
AMAL
AMAL
BNS
BNS
Q1 26
$1.7B
Q4 25
$1.6B
Q3 25
$26.8M
$1.8B
Q2 25
$26.0M
$1.5B
Q1 25
$25.0M
Q4 24
Q3 24
$27.9M
Q2 24
$26.8M
Operating Margin
AMAL
AMAL
BNS
BNS
Q1 26
Q4 25
42.7%
Q3 25
48.0%
Q2 25
48.6%
Q1 25
49.2%
Q4 24
45.2%
Q3 24
53.0%
Q2 24
51.7%
Net Margin
AMAL
AMAL
BNS
BNS
Q1 26
23.8%
Q4 25
22.5%
Q3 25
35.0%
26.6%
Q2 25
35.6%
22.4%
Q1 25
35.5%
Q4 24
Q3 24
38.8%
Q2 24
38.7%
EPS (diluted)
AMAL
AMAL
BNS
BNS
Q1 26
Q4 25
$0.88
Q3 25
$0.88
Q2 25
$0.84
Q1 25
$0.81
Q4 24
$0.78
Q3 24
$0.90
Q2 24
$0.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMAL
AMAL
BNS
BNS
Cash + ST InvestmentsLiquidity on hand
$291.2M
$6.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$794.5M
$65.0B
Total Assets
$8.9B
$1077.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMAL
AMAL
BNS
BNS
Q1 26
$6.4B
Q4 25
$291.2M
Q3 25
$115.5M
$8.6B
Q2 25
$171.1M
$7.9B
Q1 25
$65.7M
Q4 24
$60.7M
Q3 24
$149.2M
Q2 24
$58.0M
Stockholders' Equity
AMAL
AMAL
BNS
BNS
Q1 26
$65.0B
Q4 25
$794.5M
Q3 25
$775.6M
$62.4B
Q2 25
$754.0M
$63.1B
Q1 25
$736.0M
Q4 24
$707.7M
Q3 24
$698.2M
Q2 24
$646.0M
Total Assets
AMAL
AMAL
BNS
BNS
Q1 26
$1077.5B
Q4 25
$8.9B
Q3 25
$8.7B
$1032.7B
Q2 25
$8.6B
$1033.3B
Q1 25
$8.3B
Q4 24
$8.3B
Q3 24
$8.4B
Q2 24
$8.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMAL
AMAL
BNS
BNS
Operating Cash FlowLast quarter
$37.1M
$9.4B
Free Cash FlowOCF − Capex
$36.3M
FCF MarginFCF / Revenue
46.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
5.60×
TTM Free Cash FlowTrailing 4 quarters
$131.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMAL
AMAL
BNS
BNS
Q1 26
$9.4B
Q4 25
$37.1M
Q3 25
$39.5M
$3.2B
Q2 25
$24.9M
$1.8B
Q1 25
$34.2M
Q4 24
$29.0M
Q3 24
$35.8M
Q2 24
$28.0M
Free Cash Flow
AMAL
AMAL
BNS
BNS
Q1 26
Q4 25
$36.3M
Q3 25
$38.3M
Q2 25
$24.2M
Q1 25
$32.5M
Q4 24
$28.3M
Q3 24
$35.2M
Q2 24
$27.8M
FCF Margin
AMAL
AMAL
BNS
BNS
Q1 26
Q4 25
46.6%
Q3 25
50.1%
Q2 25
33.2%
Q1 25
46.0%
Q4 24
38.7%
Q3 24
48.8%
Q2 24
40.1%
Capex Intensity
AMAL
AMAL
BNS
BNS
Q1 26
Q4 25
1.1%
Q3 25
1.6%
Q2 25
1.0%
Q1 25
2.5%
Q4 24
1.0%
Q3 24
0.8%
Q2 24
0.4%
Cash Conversion
AMAL
AMAL
BNS
BNS
Q1 26
5.60×
Q4 25
Q3 25
1.47×
1.73×
Q2 25
0.96×
1.22×
Q1 25
1.37×
Q4 24
Q3 24
1.28×
Q2 24
1.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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