National Bank of Canada

National Bank of Canada

129.40
EUR
-0.10
(-0.08%)
8.45EPS
Dec 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
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
Dividend per Share
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
Book Value per Share
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
Tangible Book Value per Share
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
Basic Weighted Avg Shares
324
327
330
337
341
339
335
336
337
337
338
340
378
351
Sales/Revenue/Turnover
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
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
150
167
301
417
351
302
328
448
456
481
524
514
654
724
Net Income, GAAP
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
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
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
Total Equity
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
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
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 Common Equity (%)
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

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
- -
- -
- -

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
- -
- -

Company Description

CEO
Laurent Ferreira
Full Time Employees
33,200
Sector
Finance
Industry
Major banks
Address
800 Saint-Jacques Street Montréal QC Canada H3C 1A3
IPO Date
Mar 17, 1980
Website
nbc.ca
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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