National Bank of Canada

National Bank of Canada

207.48
CAD
-0.07
(-0.03%)
12.35EPS
18.74P/E
87.01BMarket Cap
Dec 02Next Earn

Total Valuation

CAD

As of July 31, 2026, National Bank of Canada carries a market capitalization of 87.01B, placing it among publicly traded companies globally. Its enterprise value stands at 141.82B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap87.01B
Enterprise Value141.82B

Important Dates

National Bank of Canada's next confirmed earnings release is scheduled for December 2, 2026.

Earnings Date12/2/2026

Share Statistics

As of July 31, 2026, National Bank of Canada has 383.58M shares outstanding.

Shares Outstanding383.58M

Valuation Ratios

As of July 31, 2026, National Bank of Canada trades at a trailing price-to-earnings ratio of 18.74. The price-to-sales ratio is 5.67, and the price-to-book ratio stands at 2.63.

PE Ratio18.74
PS Ratio5.67
PB Ratio2.63
P/TBV Ratio3.07
P/FCF Ratio2.80
P/OCF Ratio2.77

Enterprise Valuation

These figures are as of July 31, 2026. The EV/Sales ratio of 9.13 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. National Bank of Canada trades at an EV/FCF ratio of 4.46, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 141.82B versus a market cap of 87.01B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales9.13
EV / FCF4.46

Financial Position

These figures are as of July 31, 2026.

Debt / Equity365.89

Financial Efficiency

CAD

Over the twelve months ended July 31, 2026, National Bank of Canada posted a return on equity (ROE) of 14.50, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 0.82, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.32, useful for judging operating efficiency across full business cycles. The company generates approximately 467,650.60 in revenue per employee across its workforce of 33,200.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)14.50
Return on Assets (ROA)0.82
Return on Capital Employed (ROCE)3.32
Revenue Per Employee467,650.60
Employee Count33,200.00

Taxes

CAD

Over the twelve months ended July 31, 2026, National Bank of Canada recorded 1.48B in income tax expense. That works out to an effective tax rate of 23.37, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 6.33B, leaving 4.85B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax1.48B
Effective Tax Rate23.37

Stock Price Statistics

CAD

As of the close on October 22, 2026, National Bank of Canada's stock has gained approximately 36.42% over the past 52 weeks. The 50-day moving average sits at 211.50, while the 200-day moving average is 201.49.

52-Week Price Change36.42%
50-Day Moving Average211.50
200-Day Moving Average201.49

Income Statement

CAD

Over the twelve months ended July 31, 2026, National Bank of Canada generated 15.53B in revenue and converted that into 4.85B in net income, yielding earnings per share of 12.35.

Revenue15.53B
Pretax Income6.33B
Net Income4.85B
Earnings Per Share (EPS)12.35

Balance Sheet

CAD

As of July 31, 2026, National Bank of Canada holds 73.68B in cash and equivalents against 126.87B in total debt, resulting in a net debt position of 78.33B.

Cash & Cash Equivalents73.68B
Total Debt126.87B
Net Debt78.33B
Equity (Book Value)33.06B
Book Value Per Share86.19

Cash Flow

CAD

National Bank of Canada produced 31.82B in operating cash flow over the twelve months ended July 31, 2026.

Operating Cash Flow31.82B
Free Cash Flow31.82B
FCF Per Share81.96

Margins

These figures cover the twelve months ended July 31, 2026.

Pretax Margin40.80
Profit Margin31.26

Dividends & Yields

CAD

Over the twelve months ended July 31, 2026, National Bank of Canada paid dividends of 5.43 per share. The dividend payout ratio of 41.55 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 35.68, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.90, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to National Bank of Canada shareholders.

Dividend Per Share5.43
Payout Ratio41.55
Shareholder Yield4.90
FCF Yield35.68

Stock Splits

National Bank of Canada's most recent stock split took place on February 14, 2014 with a 1:2 split ratio.

Last Split Date2/14/2014
Split Ratio1:2