National Bank of Canada

National Bank of Canada

129.90
EUR
-0.45
(-0.35%)
8.45EPS
17.05P/E
54.18BMarket Cap
Dec 02Next Earn
National Bank of Canada
FRA:NBC
(Frankfurt Stock Exchange)

Recent

price

129.90

P/E

ratio

17.05

div

yld

2.86%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
13.23
14.33
15.62
15.83
16.6
17.27
17.84
19.27
21.03
21.78
23.53
26.4
28.53
29.76
33.58
37.03
44.25
Revenue per Share
3
3.6
4.7
4.34
4.36
4.56
3.31
5.44
6.01
6.39
5.73
8.95
9.72
9.33
10.78
10.18
13.39
Basic EPS, GAAP
-17.57
6.39
6.02
2.15
11.62
18.28
16.11
4.46
16.59
24.28
59.01
17.91
-5.7
15.3
13.69
12.25
90.68
Free Cash Flow per Basic Share
1.21
1.51
1.64
1.79
2.43
2.17
1.78
2.48
2.7
2.96
3.87
3.27
3.93
4.45
4.83
5.16
6.01
Dividend per Share
16.43
17.82
20.02
22.97
25.76
28.26
28.52
31.51
34.33
36.89
39.97
50.39
59.7
64.83
70.14
82.22
86.19
Book Value per Share
12.67
12.86
14.31
16.95
18.87
21.34
20.97
23.71
26.21
28.46
31.49
42.17
51.15
56.62
62.06
69.82
73.81
Tangible Book Value per Share
324
325
323
324
327
330
337
341
339
335
336
337
337
338
340
378
351
Basic Weighted Avg Shares
4,289
4,655
5,041
5,137
5,436
5,697
6,020
6,568
7,136
7,300
7,896
8,904
9,619
10,049
11,407
14,016
15,526
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
120
127
143
150
167
301
417
351
302
328
448
456
481
524
514
654
724
Depreciation Expense
1,034
1,224
1,561
1,449
1,469
1,549
1,181
1,940
2,145
2,256
2,041
3,140
3,384
3,291
3,817
4,017
4,854
Net Income, GAAP
16.7
17.5
16.63
14.29
16.09
12.63
15.19
19.3
19.6
16.59
17.86
21.93
20.9
15.84
20.12
21.76
23.37
Effective Tax Rate (%)
24.11
26.29
30.97
28.21
27.02
27.19
19.62
29.54
30.06
30.9
25.85
35.27
35.18
32.75
33.46
28.66
31.26
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4,033
3,502
3,936
3,883
3,353
2,922
21,397
21,568
23,986
23,726
23,114
25,422
27,712
32,631
41,982
44,148
50,690
LT Debt
7,461
7,505
8,240
8,953
10,502
11,355
12,102
13,558
14,355
15,136
16,383
18,682
21,746
23,584
25,550
33,769
34,674
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
3.42
5.65
12.84
11.08
10.49
6.86
2.96
3.98
4.17
4.05
3.64
5.45
5.25
4.58
4.3
3.31
3.32
Return on Capital (%)
18.09
21.16
24.93
20.21
17.89
16.7
11.65
18.24
18.36
17.94
14.93
19.81
17.65
14.99
15.98
13.74
14.5
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
ST Debt
69,721
67,382
76,177
LT Borrowings
50,564
48,866
49,907
LT Finance Leases
568
677
783
Preferred Equity and Hybrid Capital
1,614
1,614
1,614
Shares Outstanding
388
386
384
Market Capitalization
63,088
76,979
87,575

Working Capital

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
41,779
67,243
73,675
Accounts Receivable, Net
4,133
3,301
2,972
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
6,647
8,038
7,947
ST Debt
69,721
67,382
76,177
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.76%
15.88%
32.17%
Free Cash Flow
-20.42%
-116.09%
-0.37%
Net Income, GAAP
12.68%
16.02%
5.24%
Sales/Revenue/Turnover
9.55%
12.33%
22.87%
Total Cash Common Dividend
11.97%
9.69%
20.26%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,709
2,748
3,006
2,944
11,407
2025
3,231
3,649
3,440
3,696
14,016
2026
3,883
3,898
4,049
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.61
2.56
2.92
4.07
10.78
2025
2.81
2.19
2.61
4.2
10.18
2026
3.12
3.1
3.29
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.18
1.19
1.23
1.87
4.83
2025
1.27
1.28
1.3
2.1
5.16
2026
1.35
1.34
1.44
- -
- -
Business
National Bank of Canada (NA.TO) operates as a diversified financial institution providing a broad range of banking and financial products and services to individual, commercial, corporate, and institutional clients primarily in Canada. The company offers personal banking services including deposit accounts, mortgages, credit cards, loans, and investment products; commercial banking solutions such as business loans, cash management, trade finance, and leasing; wealth management through its National Bank Financial subsidiary encompassing brokerage, advisory services, and mutual funds; and corporate and institutional banking featuring capital markets, debt and equity underwriting, and treasury management services. It also provides insurance products via Peoples Trust and other specialized financial services like real estate financing and international banking support. Founded in 1859 and headquartered in Montreal, Quebec, National Bank of Canada conducts its operations across Canada with a strong presence in Quebec and Ontario, serving retail customers, small and medium-sized enterprises, and large corporations through approximately 400 branches and digital platforms. The bank targets diverse customer segments including households, agribusinesses, manufacturers, and public sector entities, positioning itself as the sixth-largest bank in Canada by assets. In recent developments, National Bank of Canada completed the acquisition of Canadian Western Bank in 2025, significantly expanding its footprint into Western Canada and enhancing its commercial banking capabilities. The company also launched new digital wealth management tools and formed strategic partnerships to bolster sustainable finance offerings amid growing demand for ESG-focused products. These moves reflect ongoing efforts to diversify revenue streams and strengthen market position in a competitive landscape.

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