National Bank of Canada

NA-PC · TO · Financial Services / Banks - Diversified

25.92CAD+0.06 (+0.23%)

Price History

Full chart

Market Stats

Previous Close25.86

Open25.92

Day Range25.92 – 25.92

52-Week Range24.44 – 26.95

Volume120

Market Cap26.21B

P/E (TTM)2.71

Forward P/E0.00

EPS9.75

Dividend Yield6.66%

Beta1.17

50-Day Avg26.46

200-Day Avg26.46

About

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers banking, financing, and investing services to individuals, advisors, and businesses, as well as insurance operations. The Wealth Management segment provides investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. The Financial Markets segment offers corporate and investment banking solutions for large and mid-size corporations, public sector organizations, and institutional investors. The U.S. Specialty Finance and International segment provides specialty finance products; and personal and commercial banking in Cambodia. National Bank of Canada was founded in 1859 and is headquartered in Montreal, Canada.

Company Details

SectorFinancial Services
IndustryBanks - Diversified
CEOMr. Laurent Ferreira
Employees34.82K
Headquarters800 Saint-Jacques Street, Montreal, QC, Canada, H3C 1A3, Canada
Websitehttps://www.nbc.ca

Leadership

Mr. Laurent FerreiraPresident, CEO & Director · b. 1971
Ms. Marie Chantal GingrasCFO & Executive VP of Finance
Ms. Lucie BlanchetStrategic Advisor to the CEO
Mr. Etienne DubucExecutive VP of Capital Markets, Co-President & Co-CEO of National Bank Financial
Ms. Nancy PaquetExecutive VP of Wealth Management and Co-President & Co-CEO of National Bank Financial
Ms. Marie BraultVP of Governance, Investments, NBI Legal Affairs & Corporate Secretary
Louis ArcandMD and Head of Specialized Transactions, Products & Legal
Ms. Brigitte HebertExecutive VP of Human Experience & Performance
Mr. Dominic ParadisExecutive VP and General Counsel of Enterprise Technology & Resilience
Ms. Julie LevesqueExecutive VP of Personal Banking

Financials

Income Statement

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Revenue	1.96B	2.08B	2.14B	2.34B	2.67B	2.64B	2.73B	3.40B	3.33B	3.52B	3.54B	4.77B	3.74B	3.79B	3.42B	3.54B	5.40B	4.29B	6.33B	5.04B	4.97B	5.26B	5.52B	5.36B	6.37B	7.14B	7.30B	11.12B	8.90B	9.62B	9.77B	10.83B	30.80B
Growth (%)	-	+6.09%	+2.97%	+9.55%	+13.84%	-0.86%	+3.33%	+24.54%	-2.00%	+5.58%	+0.60%	+34.70%	-21.63%	+1.58%	-9.80%	+3.48%	+52.40%	-20.54%	+47.66%	-20.40%	-1.41%	+5.75%	+4.98%	-2.94%	+18.84%	+12.11%	+2.30%	+52.32%	-19.92%	+8.03%	+1.60%	+10.83%	+184.33%
Cost of Revenue	2.11B	2.07B	2.66B	2.33B	2.08B	2.26B	2.40B	2.76B	2.25B	1.64B	1.38B	1.13B	1.65B	-50.00M	3.79B	2.55B	1.27B	11.00M	1.74B	1.97B	-173.00M	-180.00M	-179.00M	-664.00M	-203.00M	-9.00M	4.92B	3.22B	2.21B	4.41B	-388.00M	17.60B	17.79B
Gross Profit	1.96B	2.08B	2.14B	2.34B	2.67B	2.64B	2.73B	3.40B	3.33B	3.52B	3.54B	3.63B	3.74B	3.85B	3.42B	3.54B	4.13B	4.28B	4.59B	5.04B	5.14B	5.44B	5.70B	6.02B	6.57B	7.14B	7.30B	7.90B	8.90B	9.62B	10.16B	10.84B	13.01B
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	76.25%	100.00%	101.32%	100.00%	100.00%	76.53%	99.74%	72.51%	100.00%	103.48%	103.42%	103.24%	112.40%	103.19%	100.13%	100.00%	71.01%	100.00%	100.00%	103.97%	100.08%	42.24%
Operating Expense	-87.30M	-63.50M	1.75B	-200.00M	2.08B	3.00M	-136.00M	68.00M	2.45B	3.05B	2.64B	2.56B	973.00M	67.00M	1.61B	205.00M	2.93B	2.95B	2.98B	2.96B	3.00B	3.26B	3.40B	3.99B	3.68B	3.94B	3.99B	4.81B	4.47B	4.93B	5.52B	6.30B	7.87B
Operating Income	2.04B	2.14B	391.00M	2.54B	580.00M	2.64B	2.87B	3.33B	886.00M	468.00M	899.00M	1.07B	2.76B	3.78B	1.82B	3.34B	1.20B	1.33B	1.61B	2.08B	2.14B	2.18B	2.30B	2.03B	2.89B	3.21B	3.31B	3.09B	4.44B	4.69B	4.64B	4.54B	5.13B
Operating Margin	104.46%	103.06%	18.30%	108.54%	21.76%	99.89%	104.98%	98.00%	26.59%	13.30%	25.40%	22.47%	73.96%	99.55%	53.05%	94.21%	22.25%	31.06%	25.45%	41.32%	43.02%	41.42%	41.66%	37.94%	45.37%	44.98%	45.30%	27.78%	49.84%	48.76%	47.51%	41.95%	16.67%
EBITDA	315.30M	402.30M	444.00M	505.00M	640.00M	633.00M	707.00M	821.00M	934.00M	526.00M	948.00M	1.12B	1.74B	2.00B	1.82B	880.00M	1.69B	1.83B	1.70B	2.07B	1.94B	1.96B	2.13B	1.88B	2.82B	3.05B	3.08B	2.96B	4.46B	4.73B	4.43B	5.06B	5.79B
EBITDA Margin	16.12%	19.39%	20.78%	21.57%	24.02%	23.96%	25.90%	24.15%	28.03%	14.95%	26.79%	23.56%	46.52%	52.75%	53.05%	24.84%	31.23%	42.60%	26.78%	41.14%	39.05%	37.21%	38.56%	35.16%	44.37%	42.74%	42.16%	26.59%	50.03%	49.17%	45.35%	46.70%	18.79%
Net Income	174.60M	217.20M	245.00M	318.00M	342.00M	316.00M	417.00M	509.00M	563.00M	429.00M	624.00M	725.00M	855.00M	871.00M	541.00M	776.00M	854.00M	1.03B	1.19B	1.56B	1.45B	1.47B	1.55B	1.18B	1.94B	2.15B	2.26B	2.04B	3.14B	3.38B	3.34B	3.82B	4.02B
Net Income Margin	8.93%	10.47%	11.46%	13.58%	12.83%	11.96%	15.27%	14.97%	16.90%	12.19%	17.63%	15.21%	22.89%	22.95%	15.80%	21.91%	15.82%	24.11%	18.79%	30.97%	29.15%	27.95%	28.07%	22.05%	30.48%	30.06%	30.90%	18.36%	35.27%	35.18%	34.15%	35.24%	13.04%
Interest Expense	1.79B	1.79B	2.41B	2.09B	1.79B	2.07B	2.21B	2.56B	2.04B	1.15B	1.21B	1.22B	1.61B	2.63B	3.68B	2.41B	1.23B	981.00M	1.64B	1.79B	1.96B	2.05B	1.90B	1.92B	2.35B	3.55B	4.58B	3.32B	2.20B	4.27B	13.19B	17.03B	16.78B
Interest Expense % of Total Revenue	91.39%	86.30%	112.63%	89.41%	67.02%	78.24%	80.99%	75.41%	61.31%	32.60%	34.05%	25.63%	43.17%	69.30%	107.60%	67.96%	22.79%	22.87%	25.88%	35.49%	39.46%	39.04%	34.41%	35.83%	36.89%	49.79%	62.71%	29.89%	24.75%	44.43%	134.97%	157.25%	54.49%

Balance Sheet

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Assets	42.73B	44.77B	48.91B	53.13B	66.23B	70.66B	69.80B	75.83B	75.97B	74.59B	82.42B	88.81B	107.60B	116.80B	113.08B	129.33B	132.14B	154.75B	166.85B	177.90B	188.22B	205.43B	216.09B	232.21B	245.83B	262.47B	281.46B	331.63B	355.62B	403.74B	423.58B	462.23B	576.92B
Total Liabilities	40.72B	42.41B	46.55B	50.59B	63.01B	67.44B	66.06B	71.53B	71.36B	70.21B	77.93B	84.23B	102.51B	111.44B	107.49B	121.79B	124.46B	136.89B	159.35B	169.66B	179.27B	194.93B	204.74B	220.10B	232.27B	248.12B	266.32B	315.24B	336.94B	381.99B	399.90B	436.68B	543.15B
Total Equity	1.97B	2.32B	2.33B	2.50B	2.76B	2.69B	3.30B	3.83B	4.12B	3.90B	4.10B	4.20B	4.60B	4.79B	4.64B	5.51B	6.48B	7.21B	6.48B	7.22B	8.14B	9.71B	10.55B	11.29B	12.75B	13.98B	14.78B	16.38B	18.68B	21.74B	23.68B	25.55B	33.77B
Cash	3.20B	3.77B	5.17B	3.53B	4.48B	4.85B	3.56B	5.66B	5.83B	6.86B	7.05B	5.78B	10.31B	10.88B	3.33B	3.66B	2.23B	2.38B	2.86B	3.01B	3.28B	8.09B	7.57B	8.18B	8.80B	12.76B	13.70B	29.14B	33.88B	31.87B	35.23B	31.55B	27.92B
Total Debt	1.76B	2.04B	1.90B	3.62B	1.07B	966.00M	1.03B	1.36B	1.65B	1.59B	1.52B	1.41B	1.10B	2.33B	1.60B	20.87B	19.03B	22.32B	3.50B	3.94B	3.88B	3.35B	17.89B	33.43B	34.08B	36.75B	41.91B	36.49B	43.64B	44.88B	53.51B	74.78B	149.84B
Net Debt	-1.45B	-1.73B	-3.28B	87.00M	-3.41B	-3.89B	-2.53B	-4.29B	-4.18B	-5.27B	-5.53B	-4.37B	-9.21B	-8.54B	-1.72B	17.21B	16.80B	19.94B	651.00M	687.00M	287.00M	-4.73B	10.32B	25.25B	25.27B	23.99B	28.21B	7.35B	9.76B	13.01B	18.28B	43.23B	121.93B

Cash Flow

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31

Currency: CAD	1993-10-31	1994-10-31	1995-10-31	1996-10-31	1997-10-31	1998-10-31	1999-10-31	2000-10-31	2001-10-31	2002-10-31	2003-10-31	2004-10-31	2005-10-31	2006-10-31	2007-10-31	2008-10-31	2009-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Operating Cash Flow	531.40M	387.70M	1.00B	70.00M	1.57B	313.00M	625.00M	1.00B	-1.07B	-1.46B	-4.72B	282.00M	-5.60B	-2.40B	2.63B	-1.55B	-369.00M	-5.48B	2.08B	1.94B	696.00M	4.15B	6.38B	5.44B	1.52B	5.86B	8.28B	19.98B	6.04B	-1.92B	5.17B	4.65B	4.63B
Investing Cash Flow	99.40M	-1.88B	-3.09B	-4.81B	-11.26B	-4.23B	1.09B	-2.23B	1.66B	2.76B	-1.57B	-4.14B	-11.27B	826.00M	-2.03B	-9.58B	-2.50B	-6.19B	-250.00M	-1.37B	370.00M	455.00M	-5.62B	-4.26B	840.00M	-1.53B	-6.25B	-3.35B	1.39B	-1.46B	-80.00M	-7.34B	-7.08B
Financing Cash Flow	-1.12B	2.05B	3.50B	2.85B	10.64B	4.29B	-3.01B	3.33B	-419.00M	-263.00M	6.47B	2.59B	17.82B	6.17B	-8.47B	11.61B	1.57B	11.53B	-1.36B	-174.00M	-690.00M	-731.00M	-1.03B	10.11B	-1.53B	-645.00M	-1.26B	25.08B	-1.74B	-381.00M	-2.27B	-1.10B	-1.18B
Capital Expenditure	52.00M	0	57.00M	102.00M	53.00M	48.00M	238.00M	0	49.00M	63.00M	57.00M	56.00M	67.00M	97.00M	119.00M	167.00M	228.00M	226.00M	268.00M	176.00M	146.00M	50.00M	1.57B	51.00M	94.00M	164.00M	144.00M	182.00M	217.00M	296.00M	651.00M	703.00M	502.00M
Free Cash Flow	479.40M	387.70M	946.00M	-32.00M	1.52B	265.00M	387.00M	1.00B	-1.12B	-1.53B	-4.78B	226.00M	-5.67B	-2.50B	2.51B	-1.72B	-597.00M	-5.70B	1.81B	1.58B	417.00M	3.81B	4.59B	5.17B	1.25B	5.38B	7.78B	19.47B	5.55B	-2.59B	4.51B	3.95B	4.13B
Dividends Paid	89.10M	102.00M	104.00M	108.00M	124.00M	140.00M	143.00M	165.00M	187.00M	195.00M	260.00M	202.00M	305.00M	332.00M	372.00M	509.00M	429.00M	393.00M	490.00M	528.00M	581.00M	795.00M	717.00M	600.00M	846.00M	918.00M	992.00M	1.30B	1.10B	1.32B	1.50B	1.64B	1.95B
FCF to OCF	90.21%	100.00%	94.32%	-45.71%	96.63%	84.66%	61.92%	100.00%	104.59%	104.30%	101.21%	80.14%	101.20%	104.04%	95.47%	110.75%	161.79%	104.13%	87.10%	81.12%	59.91%	91.75%	71.97%	95.07%	82.38%	91.66%	93.93%	97.43%	91.85%	134.86%	87.40%	84.89%	89.17%
Dividend Paid to FCF	18.59%	26.31%	10.99%	-337.50%	8.16%	52.83%	36.95%	16.47%	-16.74%	-12.77%	-5.44%	89.38%	-5.38%	-13.28%	14.84%	-29.59%	-71.86%	-6.89%	27.09%	33.48%	139.33%	20.89%	15.63%	11.61%	67.52%	17.08%	12.76%	6.68%	19.85%	-51.12%	33.29%	41.53%	47.23%

Key Statistics & Ratios

Market Cap26.21B

Enterprise Value-137.10B

Trailing P/E2.71

Forward P/E0.00

Price / Sales1.95

Price / Book0.00

EPS9.75

Book Value86.19

Revenue (TTM)14.58B

Gross Profit (TTM)14.58B

Profit Margin33.28%

Operating Margin45.02%

Return on Equity14.27%

Return on Assets0.82%

Shares Outstanding338.22M

Shares Float382.77M

Beta1.17

Dividend Yield6.66%

Dividend Rate1.76

Payout Ratio0.00%

Dividends

20264×

0.44Oct 6, 20260.44Jul 6, 20260.44Apr 6, 20260.44Jan 6, 2026

20254×

0.44Oct 6, 20250.44Jul 7, 20250.44Apr 7, 20250.44Jan 6, 2025

20244×

0.44Oct 7, 20240.44Jul 8, 20240.44Apr 5, 20240.44Jan 5, 2024

20234×

0.44Oct 5, 20230.44Jul 5, 20230.44Apr 4, 20230.44Jan 5, 2023

20224×

0.28Oct 5, 20220.28Jul 5, 20220.28Apr 4, 20220.28Jan 5, 2022

20214×

0.28Oct 5, 20210.28Jul 5, 20210.28Apr 1, 20210.28Jan 5, 2021