National Bank of Canada (TSX:NA) - Stock Price, News & Analysis

NA Stock Overview

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

About the company

NA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 43.8% below our estimate of its fair value

Revenue is forecast to grow 9.88% per year

Earnings grew by 11.7% over the past year

Pays a reliable dividend of 3.56%

Risk Analysis

No risks detected for NA from our risk checks.

National Bank of Canada Competitors

Canadian Imperial Bank of Commerce

TSX:CM

CA$74.4b

Bank of Montreal

TSX:BMO

CA$82.2b

Bank of Nova Scotia

TSX:BNS

CA$83.2b

Toronto-Dominion Bank

TSX:TD

CA$141.2b

Price History & Performance

Summary of all time highs, changes and price drops for National Bank of Canada
Historical stock prices
Current Share Price	CA$123.49
52 Week High	CA$127.22
52 Week Low	CA$84.27
Beta	1.12
11 Month Change	9.40%
3 Month Change	4.50%
1 Year Change	30.15%
33 Year Change	25.78%
5 Year Change	94.69%
Change since IPO	4,390.55%

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

National Bank of Canada (TSE:NA) Has Affirmed Its Dividend Of CA$0.71

Aug 29

Shareholder Returns

	NA	CA Banks	CA Market
7D	2.4%	2.2%	-0.08%
1Y	30.2%	15.0%	12.8%

Return vs Industry: NA exceeded the Canadian Banks industry which returned 15% over the past year.

Return vs Market: NA exceeded the Canadian Market which returned 12.8% over the past year.

Price Volatility

Is NA's price volatile compared to industry and market?
NA volatility
NA Average Weekly Movement	3.0%
Banks Industry Average Movement	3.0%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: NA has not had significant price volatility in the past 3 months.

Volatility Over Time: NA's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1859	29,250	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

How do National Bank of Canada's earnings and revenue compare to its market cap?
NA fundamental statistics
Market cap	CA$42.03b
Earnings (TTM)	CA$3.51b
Revenue (TTM)	CA$10.61b

12.0x

P/E Ratio

1.8x

P/B Ratio

Is NA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NA income statement (TTM)
Revenue	CA$10.61b
Cost of Revenue	CA$0
Gross Profit	CA$10.61b
Other Expenses	CA$7.10b
Earnings	CA$3.51b

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

Dec 04, 2024

Earnings per share (EPS)	10.31
Gross Margin	100.00%
Net Profit Margin	33.09%
Debt/Equity Ratio	242.5%

How did NA perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

41%

Payout Ratio

Does NA pay a reliable dividends?

See NA dividend history and benchmarks

When do you need to buy NA by to receive an upcoming dividend?
National Bank of Canada dividend dates
Ex Dividend Date	Sep 27 2024
Dividend Pay Date	Nov 01 2024
Days until Ex dividend	23 days
Days until Dividend pay date	58 days

Does NA pay a reliable dividends?

See NA dividend history and benchmarks

NA Stock Overview

Rewards

Risk Analysis

National Bank of Canada Competitors

TSX:CM

CA$74.4b

TSX:BMO

CA$82.2b

TSX:BNS

CA$83.2b

TSX:TD

CA$141.2b

Price History & Performance

Recent News & Updates

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

Recent updates

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