National Bank of Canada Past Earnings Performance

Past criteria checks 4/6

National Bank of Canada has been growing earnings at an average annual rate of 11.6%, while the Banks industry saw earnings growing at 5.3% annually. Revenues have been growing at an average rate of 8.7% per year. National Bank of Canada's return on equity is 14.5%, and it has net margins of 33.1%.

Key information

11.6%

Earnings growth rate

11.4%

EPS growth rate

Banks Industry Growth	6.2%
Revenue growth rate	8.7%
Return on equity	14.5%
Net Margin	33.1%
Next Earnings Update	04 Dec 2024

Recent past performance updates

Recent updates

National Bank of Canada's (TSE:NA) Upcoming Dividend Will Be Larger Than Last Year's

Jun 13

National Bank of Canada's (TSE:NA) Upcoming Dividend Will Be Larger Than Last Year's

Jun 03

Results: National Bank of Canada Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 01

If You Like EPS Growth Then Check Out National Bank of Canada (TSE:NA) Before It's Too Late

Feb 09

National Bank of Canada (TSE:NA) Is Increasing Its Dividend To CA$0.87

Dec 19

National Bank of Canada's (TSE:NA) Dividend Will Be Increased To CA$0.87

Dec 05

Does National Bank of Canada (TSE:NA) Deserve A Spot On Your Watchlist?

Oct 21

Revenue & Expenses Breakdown

How National Bank of Canada makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:NA Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Jul 24	10,606	3,510	5,432
30 Apr 24	10,138	3,312	5,282
31 Jan 24	9,887	3,240	5,183
31 Oct 23	9,773	3,196	5,130
31 Jul 23	9,463	3,142	4,988
30 Apr 23	9,440	3,147	4,942
31 Jan 23	9,515	3,214	4,892
31 Oct 22	9,507	3,277	4,817
31 Jul 22	9,512	3,282	4,778
30 Apr 22	9,453	3,290	4,695
31 Jan 22	9,250	3,193	4,609
31 Oct 21	8,925	3,017	4,487
31 Jul 21	8,563	2,763	4,335
30 Apr 21	8,091	2,515	4,187
31 Jan 21	7,390	2,086	4,101
31 Oct 20	7,081	1,923	3,992
31 Jul 20	7,017	2,025	3,865
30 Apr 20	7,054	2,027	3,933
31 Jan 20	7,208	2,198	3,831
31 Oct 19	7,085	2,140	3,778
31 Jul 19	7,000	2,097	3,787
30 Apr 19	6,854	2,056	3,648
31 Jan 19	6,831	2,042	3,620
31 Oct 18	6,839	2,040	3,629
31 Jul 18	6,732	2,001	3,602
30 Apr 18	6,633	1,955	3,576
31 Jan 18	6,511	1,901	3,537
01 Nov 17	6,365	1,855	3,477
31 Jul 17	6,241	1,642	3,487
30 Apr 17	6,136	1,613	3,445
31 Jan 17	5,703	1,348	3,378
31 Oct 16	5,356	1,117	3,324
31 Jul 16	5,190	1,168	3,203
30 Apr 16	5,132	1,147	3,182
31 Jan 16	5,388	1,347	3,238
31 Oct 15	5,518	1,504	3,219
31 Jul 15	5,481	1,489	3,274
30 Apr 15	5,438	1,476	3,255
31 Jan 15	5,299	1,434	3,133
31 Oct 14	5,256	1,429	3,079
31 Jul 14	5,152	1,423	2,937
30 Apr 14	4,978	1,388	2,868
31 Jan 14	5,083	1,445	2,912

Quality Earnings: NA has high quality earnings.

Growing Profit Margin: NA's current net profit margins (33.1%) are lower than last year (33.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NA's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: NA's earnings growth over the past year (11.7%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: NA earnings growth over the past year (11.7%) exceeded the Banks industry 11.2%.

National Bank of Canada Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

National Bank of Canada to Report Q4, 2025 Results on Dec 03, 2025

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

National Bank of Canada to Report Q3, 2024 Results on Aug 28, 2024

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Recent updates

National Bank of Canada to Report Q4, 2025 Results on Dec 03, 2025

Executive VP exercised options to buy CA$1.9m worth of stock.

Upcoming dividend of CA$1.10 per share

Third quarter dividend of CA$1.10 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

National Bank of Canada Announces Dividend for the Quarter Ending October 31, 2024, Payable on November 1, 2024

National Bank of Canada Appoints Scott Burrows as Director and Member of Audit Committee, Effective August 1, 2024

National Bank of Canada announced that it has received CAD 499.999997 million in funding from Cdpq MarchéS Boursiers Inc.

Upcoming dividend of CA$1.10 per share

National Bank of Canada has filed a Follow-on Equity Offering in the amount of CAD 500.0719 million.

National Bank of Canada (TSX:NA) entered into a definitive agreement to acquire remaining 94.1% stake in Canadian Western Bank (TSX:CWB) for CAD 4.9 billion.

National Bank of Canada's (TSE:NA) Upcoming Dividend Will Be Larger Than Last Year's

National Bank of Canada (TSX:NA) entered into a definitive agreement to acquire remaining 94.1% stake in Canadian Western Bank (TSX:CWB) for CAD 4.9 billion.

Second quarter dividend of CA$1.10 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

National Bank of Canada Announces Dividend for the Quarter Ending July 31, 2024, Payable on August 1, 2024

National Bank of Canada Announces Election of Arielle Meloul-Wechsler as Directors

Upcoming dividend of CA$1.06 per share

National Bank of Canada Denies Media Report of Talks to Sell its Cambodian Unit

First quarter dividend of CA$1.06 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

National Bank of Canada Declares Dividend for the Quarter Ending April 30, 2024, Payable on May 1, 2024

National Bank of Canada to Report Q3, 2024 Results on Aug 28, 2024

Upcoming dividend of CA$1.06 per share at 4.4% yield

President exercised options to buy CA$2.1m worth of stock.

National Bank of Canada's (TSE:NA) Dividend Will Be Increased To CA$1.06

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

National Bank of Canada, Annual General Meeting, Apr 19, 2024

National Bank Declares Regular Dividends, Payable on February 1, 2024

Upcoming dividend of CA$1.02 per share at 4.3% yield

National Bank of Canada Declares Dividend for the Quarter Ending October 31, 2023, Payable on November 1, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

National Bank of Canada (TSX:NA) entered into an agreement to acquire Commercial Loan Portfolio, Canadian branch of Silicon Valley Bank.

National Bank of Canada (TSE:NA) Is Increasing Its Dividend To CA$1.02

Upcoming dividend of CA$1.02 per share at 4.1% yield

National Bank of Canada Announces Appointment of Nancy Paquet as Executive Vice President, Wealth Management, Effective November 1, 2023

National Bank of Canada (TSE:NA) Is Increasing Its Dividend To CA$1.02

Second quarter 2023 earnings: EPS misses analyst expectations

National Bank of Canada Raises Quarterly Dividend, Payable on August 1, 2023

Upcoming dividend of CA$0.97 per share at 4.0% yield

Insider recently sold CA$621k worth of stock

First quarter 2023 earnings released: EPS: CA$2.51 (vs CA$2.68 in 1Q 2022)

National Bank of Canada Announces Changes to Senior Leadership Team

National Bank of Canada to Report Q4, 2023 Results on Dec 01, 2023

Upcoming dividend of CA$0.97 per share

Insider exercised options and sold CA$1.6m worth of stock

Full year 2022 earnings: Revenues in line with analyst expectations

National Bank of Canada, Annual General Meeting, Apr 21, 2023

Is Now The Time To Put National Bank of Canada (TSE:NA) On Your Watchlist?

Upcoming dividend of CA$0.92 per share

President recently bought CA$1.3m worth of stock

National Bank of Canada Declares Regular Dividend, Payable on November 1, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Do National Bank of Canada's (TSE:NA) Earnings Warrant Your Attention?

Upcoming dividend of CA$0.92 per share

National Bank of Canada's (TSE:NA) Upcoming Dividend Will Be Larger Than Last Year's

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

National Bank Increases Common Share Dividend for the Quarter Ending July 31, 2022, Payable on August 1, 2022

National Bank of Canada Appoints Lynn Loewen, to Board

Upcoming dividend of CA$0.87 per share

Results: National Bank of Canada Exceeded Expectations And The Consensus Has Updated Its Estimates

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

National Bank of Canada Announces Changes to Its Leadership Team, Effective April 1, 2022

If You Like EPS Growth Then Check Out National Bank of Canada (TSE:NA) Before It's Too Late

National Bank of Canada (TSE:NA) Is Increasing Its Dividend To CA$0.87

Upcoming dividend of CA$0.87 per share

President recently bought CA$481k worth of stock

National Bank of Canada's (TSE:NA) Dividend Will Be Increased To CA$0.87

Full year 2021 earnings: Revenues and EPS in line with analyst expectations