National Bank of Canada (NA) Stock Overview
Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for NA from our risk checks.
NA Community Fair Values
Create NarrativeSee what 90 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
National Bank of Canada Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$209.80 |
| 52 Week High | CA$214.78 |
| 52 Week Low | CA$134.24 |
| Beta | 1.19 |
| 1 Month Change | 2.53% |
| 3 Month Change | 14.75% |
| 1 Year Change | 54.93% |
| 3 Year Change | 111.00% |
| 5 Year Change | 129.04% |
| Change since IPO | 7,529.09% |
Recent News & Updates
Recent updates
Narrative Update • Jun 03
NA: Future Returns Will Reflect Dividend Strength And Balanced Execution Risks
Analysts have raised the fair value estimate for National Bank of Canada to CA$202.77 from CA$188.15, reflecting recent increases in Street price targets, including moves up to CA$221, CA$217, CA$214, CA$206.50 and CA$188 following fiscal Q2 results and updated estimates across the major Canadian banks. Analyst Commentary Recent Street commentary on National Bank of Canada centers on a series of price target revisions across multiple firms following fiscal Q2 results and refreshed estimates for the large Canadian banks.Narrative Update • Apr 27
NA: Future Returns Will Reflect Buybacks And Easing Mortgage Renewal Concerns
Analysts have nudged the fair value anchor higher for National Bank of Canada as Street price targets cluster in the CA$179 to CA$202 range, citing Q1 results modestly above consensus, refreshed FY26 and FY27 estimates for Canadian banks, and reduced concern around mortgage renewals. Analyst Commentary Street research on National Bank of Canada has tilted more constructive, with a series of higher price targets clustering in the CA$179 to CA$202 band.Narrative Update • Apr 10
NA: Future Returns Will Reflect Buybacks Balanced Against Mortgage Renewal Execution Risks
Analysts have inched up the average price target for National Bank of Canada to around CA$190, with recent moves into the CA$179 to CA$202 range reflecting updated views on Q1 results, mortgage renewal risks, and refreshed earnings estimates across the Canadian bank group. Analyst Commentary Recent Street research on National Bank of Canada clusters around higher price targets in the CA$179 to CA$202 range, with a mix of Buy, Outperform, Hold, Sector Perform and Equal Weight ratings.Narrative Update • Mar 27
NA: Future Returns Will Reflect Buybacks And Discipline On Expenses And Mortgage Risk
Analysts have raised the average price target range on National Bank of Canada to roughly the CA$182 to CA$202 band, citing modestly better than expected Q1 results, updated earnings estimates through FY27, and sector-wide adjustments linked to easing mortgage renewal concerns. Analyst Commentary Recent research points to a tight CA$182 to CA$202 valuation band for National Bank of Canada, with multiple firms adjusting price targets following Q1 results, updated earnings frameworks through FY27, and sector wide revisions linked to mortgage renewal risk.Narrative Update • Mar 11
NA: Future Share Returns Will Depend On Buybacks And Expense Control
The analyst price target for National Bank of Canada has been raised from CA$175.50 to CA$189.15, with analysts citing higher profit margin assumptions and updated sector research that has led several firms to move their targets into the CA$180 to CA$200 range. Analyst Commentary Recent Street research on National Bank of Canada shows a cluster of price target revisions into the high CA$170s to just above CA$200, with a mix of Buy, Outperform, Hold, Equal Weight and Sector Perform views.Narrative Update • Feb 25
NA: Dividend Strength And Expense Control Will Shape Future Share Returns
Analysts have lifted our fair value estimate for National Bank of Canada to CA$175.50 from CA$170.71, reflecting higher Street price targets in the CA$177 to CA$188 range and updated assumptions for revenue growth, profitability, and future P/E. Analyst Commentary Street research on National Bank of Canada has centered on refreshed earnings assumptions and updated price targets ahead of upcoming Q1 results.Narrative Update • Feb 10
NA: Dividend Strength And Expansion Execution Will Shape Future Share Returns
Analysts have inched up their fair value estimate for National Bank of Canada to about C$170.71 from C$170.57, in line with recent Street price target increases to C$188, C$168 and C$160, which are based on updated views of discount rates, revenue growth, profit margins and future P/E assumptions. Analyst Commentary Street research on National Bank of Canada has centered on how much upside is left in the shares after recent target revisions and how execution risk could affect returns on equity as the bank broadens beyond its core Quebec base.Narrative Update • Jan 27
NA: Dividend Strength And Execution On ROE Rebuild Will Shape Future Returns
Analysts have made a small upward adjustment to our National Bank of Canada fair value estimate, lifting the target by about C$0.29 per share to reflect slightly lower discount rate assumptions and modestly higher long term P/E expectations, which align with recent Street target increases into the C$160 to C$188 range. Analyst Commentary Recent Street views on National Bank of Canada cluster in a relatively tight price target range from C$160 to C$188, with a mix of Buy, Hold, Market Perform and Outperform ratings.Narrative Update • Jan 10
NA: Dividend Strength And ROE Rebuild Are Expected To Support Future Returns
The updated analyst price target for National Bank of Canada edges higher to about C$170.29 from C$169.93, reflecting recent target increases across the Street and analyst views that slightly lower required returns, along with steady profitability and P/E expectations, support a modestly higher valuation. Analyst Commentary Recent Street research on National Bank of Canada reflects a mix of optimism and caution regarding execution, growth outside Quebec, and where the shares are trading relative to published price targets.Analysis Article • Dec 25
National Bank of Canada (TSE:NA) Is Increasing Its Dividend To CA$1.24
The board of National Bank of Canada ( TSE:NA ) has announced that it will be paying its dividend of CA$1.24 on the 1st...Narrative Update • Dec 19
NA: Dividend And ROE Rebuild Are Expected To Support Future Returns
Analysts have nudged our price target for National Bank of Canada higher by about C$2 to reflect improving revenue growth, stronger projected profit margins and a lower anticipated future P E multiple, in line with a series of recent target hikes and upgrades across the Street. Analyst Commentary Street research on National Bank of Canada has turned incrementally more constructive, with a series of target increases and one notable upgrade signaling rising confidence in the bank's earnings power and capital deployment strategy.Narrative Update • Dec 05
NA: Shares Will Likely Be Supported By Rising Dividend And Earnings Visibility
National Bank of Canada’s fair value estimate has been raised from approximately C$155 to about C$168, as analysts cite a series of upward price target revisions and improving longer term earnings visibility, despite slightly more conservative assumptions for growth and margins. Analyst Commentary Recent Street research reflects a broadly constructive stance on National Bank of Canada, with several bullish analysts lifting their price targets into the mid to high C$160s and one firm moving to a more positive recommendation.Narrative Update • Nov 20
NA: Shares Are Expected To Be Supported By Renewed Buyback Program
The analyst price target for National Bank of Canada has increased from C$151.69 to C$155.00. This change reflects analysts' improved outlook based on higher projected revenue growth and slightly elevated valuation expectations.Narrative Update • Nov 05
NA: Price Range Revisions And Margins Will Guide Share Performance Ahead
Analysts have increased their price targets for National Bank of Canada, with recent updates reflecting a new range between C$147 and C$159. This change is largely due to improving outlooks for profitability and conservative consensus estimates across Canadian banks.Narrative Update • Oct 22
Analysts Adjust National Bank of Canada Price Targets Amid Improved Margins and Cautious Sector Outlook
National Bank of Canada's fair value estimate has been raised from C$148.46 to C$151.69. Analysts cite a combination of slightly improved profit margin outlook and upward revisions to price targets across the Street.Narrative Update • Aug 27
Ongoing Digital Transformation Will Streamline Operations And Optimize Capital Utilization
National Bank of Canada's key financial metrics, including net profit margin and consensus revenue growth forecasts, remained essentially stable, with the consensus analyst price target seeing only a marginal increase from CA$145.50 to CA$147.85. Valuation Changes Summary of Valuation Changes for National Bank of Canada The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from CA$145.50 to CA$147.85.
New Narrative • Dec 08
Economic Uncertainties And Rising Taxes Threaten Bank's Profit Margins And Earnings Stability
The acquisition of Canadian Western Bank is central to the National Bank's domestic growth, enhancing market presence and future revenue.Shareholder Returns
| NA | CA Banks | CA Market | |
|---|---|---|---|
| 7D | 2.7% | 3.5% | 1.5% |
| 1Y | 54.9% | 63.5% | 31.8% |
Return vs Industry: NA underperformed the Canadian Banks industry which returned 63.4% over the past year.
Return vs Market: NA exceeded the Canadian Market which returned 31.6% over the past year.
Price Volatility
| NA volatility | |
|---|---|
| NA Average Weekly Movement | 2.7% |
| Banks Industry Average Movement | 2.7% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: NA has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: NA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1859 | 33,767 | Laurent Ferreira | www.nbc.ca |
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.
National Bank of Canada Fundamentals Summary
| NA fundamental statistics | |
|---|---|
| Market cap | CA$80.80b |
| Earnings (TTM) | CA$4.46b |
| Revenue (TTM) | CA$14.02b |
18.1x
P/E Ratio2.5x
P/B RatioIs NA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NA income statement (TTM) | |
|---|---|
| Revenue | CA$14.02b |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$14.02b |
| Other Expenses | CA$9.57b |
| Earnings | CA$4.46b |
Last Reported Earnings
Apr 30, 2026
Next Earnings Date
Aug 26, 2026
| Earnings per share (EPS) | 11.57 |
| Gross Margin | 100.00% |
| Net Profit Margin | 31.77% |
| Debt/Equity Ratio | 241.4% |
How did NA perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield42%
Payout RatioDoes NA pay a reliable dividends?
See NA dividend history and benchmarks| National Bank of Canada dividend dates | |
|---|---|
| Ex Dividend Date | Jun 29 2026 |
| Dividend Pay Date | Aug 01 2026 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 48 days |
Does NA pay a reliable dividends?
See NA dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 07:00 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/04/30 |
| Annual Earnings | 2025/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
National Bank of Canada is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lemar Persaud | ATB Cormark Historical (Cormark Securities) |
| John Aiken | Barclays |
| Brian Morton | Barclays |