National Bank of Canada

TSX:NA Stock Report

Market Cap: CA$66.2b

National Bank of Canada Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:NA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
18 Dec 25BuyCA$99,915Julie LevesqueIndividual578CA$172.86
08 Dec 25SellCA$4,235,603Brigitte HebertIndividual24,884CA$170.61
18 Nov 25BuyCA$46,577Yvon CharestIndividual287CA$162.29
28 Aug 25BuyCA$71,585J. BurrowsIndividual500CA$143.17
21 Aug 25BuyCA$46,484Yvon CharestIndividual310CA$149.95
20 May 25BuyCA$46,311Yvon CharestIndividual362CA$127.93
24 Mar 25SellCA$835Nancy PaquetIndividual7CA$119.32
17 Mar 25BuyCA$117,930B. LoewenIndividual1,000CA$117.93
13 Mar 25BuyCA$249,653Lucie BlanchetIndividual2,147CA$116.28
03 Mar 25BuyCA$498,243Macky TallIndividual4,182CA$119.14
28 Feb 25BuyCA$1,201,246Laurent FerreiraIndividual10,000CA$121.44
28 Feb 25BuyCA$249,440Julie LevesqueIndividual2,082CA$119.81
27 Feb 25BuyCA$505,428Robert PareIndividual4,200CA$120.34
27 Feb 25BuyCA$209,037Marie-Chantal GingrasIndividual1,750CA$119.45
27 Feb 25BuyCA$503,565Jean-Sebastien GriseIndividual4,160CA$121.05
19 Feb 25BuyCA$42,051Yvon CharestIndividual334CA$125.90

Insider Trading Volume

Insider Buying: NA insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of NA?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders403,7370.104%
Institutions123,018,96431.6%
General Public266,459,50268.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 26.93% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.75%
The Vanguard Group, Inc.
18,523,698CA$3.1b0.73%0.03%
2.91%
BMO Asset Management Corp.
11,364,887CA$1.9b11.9%0.44%
2.84%
BlackRock, Inc.
11,055,342CA$1.9b2.18%0.02%
2.6%
TD Asset Management, Inc.
10,136,390CA$1.7b0%0.76%
2.12%
RBC Global Asset Management Inc.
8,268,649CA$1.4b0.18%0.48%
2.08%
Capital Research and Management Company
8,119,611CA$1.4b0%0.04%
1.32%
Norges Bank Investment Management
5,127,148CA$870.6m0%0.04%
1.26%
1832 Asset Management L.P.
4,906,172CA$833.0m0%0.71%
0.81%
Geode Capital Management, LLC
3,163,566CA$537.2m11.5%0.02%
0.67%
Dimensional Fund Advisors LP
2,603,118CA$442.0m-23.1%0.04%
0.64%
Manulife Asset Management
2,503,613CA$425.1m-0.03%0.2%
0.48%
T. Rowe Price Group, Inc.
1,889,701CA$320.9m-1.79%0.02%
0.46%
Hamilton ETFs
1,811,888CA$307.7m0%2.79%
0.46%
CIBC Asset Management Inc.
1,781,687CA$302.5m4.05%0.33%
0.39%
Mirae Asset Global Investments Co., Ltd.
1,517,354CA$257.6m0%0.12%
0.39%
UBS Asset Management AG
1,503,709CA$255.3m-0.19%0.01%
0.38%
Mackenzie Financial Corporation
1,474,062CA$250.3m0.1%0.16%
0.37%
JP Morgan Asset Management
1,435,375CA$243.7m-0.37%0.02%
0.32%
Brompton Funds Limited
1,250,040CA$212.2m0%5.19%
0.31%
Fiera Capital Corporation
1,212,352CA$205.8m0%0.35%
0.29%
Tweedy, Browne Company LLC
1,134,156CA$192.6m0.56%2.15%
0.28%
CI Global Asset Management
1,088,063CA$184.7m-0.96%0.23%
0.27%
Canoe Financial LP
1,047,920CA$177.9m0%1.23%
0.26%
State Street Global Advisors, Inc.
1,032,770CA$175.4m3.11%no data
0.26%
Charles Schwab Investment Management, Inc.
1,028,880CA$174.7m2.44%0.02%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/16 20:24
End of Day Share Price 2026/01/16 00:00
Earnings2025/10/31
Annual Earnings2025/10/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Brian MortonBarclays
Sohrab MovahediBMO Capital Markets Equity Research