Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
National Bank of Canada (NA.TO)
CAD228.33
-1.60 (-0.70%)
CA TSX Financial Services Banks - Diversified
Address
800 Saint-Jacques Street H3C 1A3
Montreal, QC, CA
Montreal, QC, CA
CEO
Laurent Ferreira
Website
nbc.ca
IPO
1995-01-12
ISIN CA6330671034
Also trades on
Other OTC · NBKCF (USD)
Other OTC · NTIOF (USD)
Toronto Stock Exchange · NA-PC.TO (CAD)
Toronto Stock Exchange · NA-PE.TO (CAD)
Toronto Stock Exchange · NA.TO (CAD)
Description
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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
CAD228.33
-1.60 (-0.70%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
1M
Beta
1.19
Float Shares
387.90M
Free Float %
100.2%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.52% | -4.72% | +0.22% | +6.55% | +20.06% | +17.51% | +51.05% | +101.93% | +115.15% | +361.94% | +4,280.99% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (1 ratings, all time)
Hold
Price Targets & DCF
Current price
228.33
DCF (Unlevered)
473.16
+107.2%
DCF (Levered)
865.53
+279.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
33% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 3 | -1 |
| Hold | 7 | +1 |
| Sell | 1 | +1 |
| Strong Sell | 2 | 0 |
Quality scores
Altman Z-Score
0.16
Distress
Piotroski F-Score
9 / 9
Strong
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
-
Revenue growth+184.3% Q2'26: +4.7% (vs Q2'25)
-
EPS growth-5.7% Q2'26: +41.0% (vs Q2'25)
-
FCF margin— Q2'26: +46.3% (vs Q2'25)
-
EBIT margin— Q2'26: +20.0% (vs Q2'25)
-
ROIC— Q2'26: +5.5% (vs Q2'25)
-
Share dilution+11.6% Q2'26: -0.6% (vs Q2'25)
-
Debt / EBITDA— Q2'26: 15.31× (vs Q2'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Oct 2009 actual |
Oct 2010 actual |
Oct 2011 actual |
Oct 2012 actual |
Oct 2013 actual |
Oct 2014 actual |
Oct 2015 actual |
Oct 2016 actual |
Oct 2017 actual |
Oct 2018 actual |
Oct 2019 actual |
Oct 2020 actual |
Oct 2021 actual |
Oct 2022 actual |
Oct 2023 actual |
Oct 2024 actual |
Oct 2025 actual |
Oct 2026 6 Rev. Ana. 9 EPS Ana. |
Oct 2027 7 Rev. Ana. 10 EPS Ana. |
Oct 2028 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
5.40B
est: 4.41B (+22.5%)
|
4.29B
est: 4.52B (-5.2%)
|
6.33B
est: 4.77B (+32.8%)
|
5.04B
est: 5.16B (-2.4%)
|
4.97B
est: 5.38B (-7.7%)
|
5.26B
est: 5.65B (-7.0%)
|
5.52B
est: 5.94B (-7.1%)
|
5.36B
est: 6.15B (-12.9%)
|
6.37B
est: 6.77B (-5.9%)
|
7.14B
est: 7.32B (-2.6%)
|
7.30B
est: 7.53B (-3.0%)
|
11.12B
est: 8.06B (+38.0%)
|
8.90B
est: 9.10B (-2.2%)
|
9.62B
est: 10.02B (-4.0%)
|
9.77B
est: 10.14B (-3.6%)
|
10.83B
est: 11.55B (-6.2%)
|
30.80B
est: 13.76B (+123.7%)
|
15.49B
15.32B – 15.89B
+12.5% YoY
|
16.25B
15.92B – 17.15B
+4.9% YoY
|
17.62B
17.15B – 18.09B
+8.4% YoY
|
| EBITDA |
1.69B
est: 3.75B (-55.0%)
|
1.83B
est: 2.51B (-27.3%)
|
1.70B
est: 2.49B (-31.8%)
|
2.07B
est: 3.29B (-37.1%)
|
1.94B
est: 3.98B (-51.2%)
|
1.96B
est: 3.99B (-51.0%)
|
2.13B
est: 4.28B (-50.2%)
|
1.88B
est: 4.12B (-54.3%)
|
2.82B
est: 4.08B (-30.8%)
|
3.05B
est: 5.59B (-45.4%)
|
3.08B
est: 6.75B (-54.4%)
|
2.96B
est: 2.65B (+11.3%)
|
4.46B
est: 8.05B (-44.6%)
|
4.73B
est: 8.56B (-44.7%)
|
—
est: 3.34B (-100.0%)
|
5.06B
est: 9.11B (-44.5%)
|
5.79B
est: 4.53B (+27.7%)
|
5.10B
5.05B – 5.24B
+12.5% YoY
|
5.35B
5.24B – 5.65B
+4.9% YoY
|
5.80B
5.65B – 5.96B
+8.4% YoY
|
| EBIT |
1.57B
est: 874.90M (+79.9%)
|
1.71B
est: 1.19B (+42.8%)
|
1.57B
est: 1.40B (+12.4%)
|
1.93B
est: 1.68B (+15.2%)
|
1.79B
est: 2.04B (-12.3%)
|
1.79B
est: 1.88B (-5.0%)
|
1.83B
est: 1.97B (-7.2%)
|
1.47B
est: 1.92B (-23.6%)
|
2.47B
est: 1.61B (+53.2%)
|
2.75B
est: 2.74B (+0.5%)
|
2.75B
est: 2.86B (-3.9%)
|
2.51B
est: 2.97B (-15.7%)
|
4.00B
est: 2.94B (+36.1%)
|
4.25B
est: 3.13B (+36.0%)
|
-524.00M
est: 2.89B (-118.2%)
|
4.54B
est: 3.27B (+39.1%)
|
5.13B
est: 3.92B (+31.0%)
|
4.41B
4.36B – 4.52B
+12.5% YoY
|
4.63B
4.53B – 4.88B
+4.9% YoY
|
5.02B
4.88B – 5.15B
+8.4% YoY
|
| Net Income |
854.00M
est: 850.78M (+0.4%)
|
1.03B
est: 876.14M (+18.0%)
|
1.19B
est: 1.09B (+9.1%)
|
1.56B
est: 1.31B (+19.0%)
|
1.45B
est: 1.63B (-11.0%)
|
1.47B
est: 1.53B (-4.2%)
|
1.55B
est: 1.58B (-1.8%)
|
1.18B
est: 1.60B (-26.3%)
|
1.94B
est: 1.29B (+50.7%)
|
2.15B
est: 2.12B (+1.4%)
|
2.26B
est: 2.21B (+2.0%)
|
2.04B
est: 2.41B (-15.3%)
|
3.14B
est: 2.38B (+31.8%)
|
3.38B
est: 2.53B (+33.6%)
|
3.34B
est: 3.80B (-12.3%)
|
3.82B
est: 4.03B (-5.4%)
|
4.02B
est: 4.45B (-9.7%)
|
4.91B
4.78B – 4.99B
+10.4% YoY
|
5.27B
5.14B – 5.73B
+7.2% YoY
|
5.97B
5.93B – 6.01B
+13.3% YoY
|
| SGA |
1.54B
est: 3.11B (-50.6%)
|
1.63B
est: 3.04B (-46.5%)
|
1.70B
est: 3.12B (-45.4%)
|
1.87B
est: 3.29B (-43.0%)
|
1.89B
est: 3.50B (-46.0%)
|
2.05B
est: 3.47B (-40.9%)
|
2.16B
est: 3.90B (-44.6%)
|
2.16B
est: 4.03B (-46.4%)
|
2.36B
est: 4.75B (-50.4%)
|
2.47B
est: 4.47B (-44.9%)
|
2.52B
est: 4.53B (-44.3%)
|
2.67B
est: 4.96B (-46.3%)
|
3.03B
est: 4.91B (-38.3%)
|
3.28B
est: 5.22B (-37.1%)
|
5.13B
est: 3.44B (+49.0%)
|
3.73B
est: 3.90B (-4.4%)
|
4.55B
est: 4.67B (-2.7%)
|
5.26B
5.20B – 5.40B
+12.5% YoY
|
5.52B
5.40B – 5.82B
+4.9% YoY
|
5.98B
5.82B – 6.14B
+8.4% YoY
|
| EPS |
2.48
est: 3.25 (-23.7%)
|
3.00
est: 3.19 (-5.9%)
|
3.50
est: 3.53 (-0.9%)
|
4.70
est: 4.04 (+16.2%)
|
4.34
est: 4.35 (-0.3%)
|
4.36
est: 4.62 (-5.7%)
|
4.56
est: 4.71 (-3.1%)
|
3.31
est: 4.25 (-22.2%)
|
5.44
est: 5.42 (+0.4%)
|
6.01
est: 5.98 (+0.5%)
|
6.39
est: 6.28 (+1.7%)
|
5.73
est: 5.88 (-2.6%)
|
8.95
est: 9.01 (-0.6%)
|
9.72
est: 9.77 (-0.6%)
|
9.47
est: 9.78 (-3.2%)
|
10.78
est: 10.37 (+3.9%)
|
10.18
est: 11.08 (-8.1%)
|
12.81
12.50 – 13.05
+15.6% YoY
|
14.16
13.45 – 14.97
+10.5% YoY
|
15.61
15.52 – 15.70
+10.2% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-28 | B- | 2/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-27 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-26 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-25 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-22 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-21 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-20 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-19 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-15 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-14 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-13 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-12 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-11 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-08 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-07 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-06 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-05 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-04 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-01 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-30 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B- | 2/5 | 2/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
5.85B
OE per share TTM
14.88
Owner's Yield
7.46%
Maintenance CapEx ratio
0.54%
Maint CapEx / Avg PPE
11.2%
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
7
Total invested
118.50M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
7
+0 vs prev Q
New positions
1
Closed positions
1
Increased
1
Reduced
1
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | MN SERVICES VERMOGENSBEHEER B.V. | 150.0K +2.0K (+1.3%) | 18.89M +3.2M (+20.1%) | 0.04% +0.002 pp | 0.12% +0.015 pp | CAD106.16 +62.6% | 18 qtrs — |
| 2 | LOMBARD ODIER ASSET MANAGEMENT (SWITZERLAND) SA | 32.1K +32.1K (+100.0%) | 4.03M +4.0M (+100.0%) | 0.01% +0.009 pp | 0.17% +0.171 pp | CAD172.61 +0.0% | 1 qtrs NEW |
| 3 | YOUSIF CAPITAL MANAGEMENT, LLC | 4.5K +— (+0.0%) | 547.9K +69.9K (+14.6%) | 0.00% +0.000 pp | 0.01% +0.001 pp | CAD99.98 +72.6% | 17 qtrs — |
| 4 | JOHN G ULLMAN & ASSOCIATES INC | 3.3K +— (+0.0%) | 418.8K +65.2K (+18.5%) | 0.00% +0.000 pp | 0.06% +0.008 pp | CAD118.77 +45.3% | 4 qtrs — |
| 5 | PNC FINANCIAL SERVICES GROUP, INC. | 1.7K +— (+0.0%) | 210.2K +32.8K (+18.5%) | 0.00% +0.000 pp | 0.00% +0.000 pp | CAD128.70 +34.1% | 6 qtrs — |
| 6 | COSTON, MCISAAC & PARTNERS | 275.00 +— (+0.0%) | 34.0K +5.0K (+17.2%) | 0.00% +0.000 pp | 0.01% +0.001 pp | CAD84.47 +104.3% | 15 qtrs — |
| 7 | GAMMA INVESTING LLC | 6.00 +— (+0.0%) | 756.00 +119.0 (+18.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | CAD108.50 +59.1% | 7 qtrs — |
| 8 | CARDINAL CAPITAL MANAGEMENT, INC. | — -800.5K (-100.0%) | — -85.1M (-100.0%) | 0.00% -0.204 pp | 0.00% -2.458 pp | CAD— | 5 qtrs SOLD |
Ownership breakdown by holder
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
157.4K
Shares Outstanding
387.26M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Etienne Dubuc | Executive VP of Capital Markets, Co-President & Co-CEO of National Bank Financial | 4M | male |
| Laurent Ferreira | President, Chief Executive Officer & Director | 3M | male |
| Lucie Blanchet | Strategic Advisor to the CEO | 2M | female |
| Nancy Paquet | Executive VP of Wealth Management and Co-President & Co-CEO of National Bank Financial | 2M | female |
| Marie Chantal Gingras | Chief Financial Officer & Executive Vice President of Finance | 1M | female |
| Nicole Rondou | Vice President of Compliance | — | female |
| Dominic Paradis | Executive VP & General Counsel, Enterprise Technology & Resilience | — | male |
| Julie Levesque | Executive VP of Personal Banking | — | female |
| Marie Brault | Vice President of Governance, Investments, NBI Legal Affairs & Corporate Secretary | — | female |
| Brigitte Hebert | Executive VP of Human Experience & Performance | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for NA.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
