National Bank of Canada
NA
ISIN null / Valor 694912
National Bank of Canada
UMushroom community rating:
About company
National Bank of Canada is a major Canadian financial institution headquartered in Montreal, known for its strong retail and commercial banking presence in Quebec and nationwide services for individuals, businesses and institutions. Its operations span personal banking (deposits, mortgages, loans, credit and payment products), commercial and corporate banking, wealth management and brokerage services through National Bank Financial, capital markets and trading activities, and asset management and insurance offerings. The bank serves a mix of retail, small-business, corporate and institutional clients and provides advisory, underwriting and financing solutions, operating primarily in Canada with selective international activities.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (28.08.2026):
National Bank of Canada – Third quarter of 2026: The bank reported strong Q3 2026 results with net income of $1,307 million, up 23% year‑over‑year, diluted EPS of $3.25 (+26%), and total revenues of $4,053 million (+18%). On an adjusted basis (excluding acquisition- and transaction-related items tied to CWB and LBC), adjusted net income was $1,362 million (+23%) and adjusted diluted EPS was $3.39 (+26%).
Key results
Q3 2026 net income $1,307M (+23% vs Q3 2025); diluted EPS $3.25 (+26%). Adjusted Q3 net income $1,362M and adjusted diluted EPS $3.39.
Revenue and profitability
Total revenues for Q3 were $4,053M (+18%); income before provisions for credit losses and income taxes rose 29% to $1,960M. Efficiency ratio improved to 51.6% (adjusted 49.8%) and return on common shareholders’ equity was 16.1% (adjusted 16.8%).
Segment performance
Personal & Commercial net income $421M (+14%); Wealth Management $296M (+21%); Capital Markets $442M (+32%); U.S. Specialty Finance & International $184M (+3%).
Credit provisions
Total provisions for credit losses in Q3 were $246M versus $203M in Q3 2025. The nine-month results benefited from lower provisions year‑to‑date versus 2025, in part because of large initial provisions recorded in 2025 related to acquired CWB loans.
Capital, dividend and shares
CET1 ratio was 13.5% as at July 31, 2026 (vs 13.8% at Oct 31, 2025). The Board declared a common dividend of $1.32 per share (payable Nov 1, 2026). Book value per share $82.02; closing share price $226.75.
Balance sheet growth
Total assets $635.2B (+10% year‑over‑year); net loans $324.5B (+7%); deposits $464.7B (+9%); assets under administration $989.0B (+13%).
Acquisition and specified items impact
Results reflect the acquisition of Canadian Western Bank (CWB) and transactions with Laurentian Bank of Canada (LBC). Adjusted measures exclude integration and transaction-related charges, amortization of CWB-related intangibles and certain initial provisions, which materially affected year‑over‑year comparatives.
Nine‑month view
For the nine months ended July 31, 2026, net income was $3,795M (+28% y/y) and diluted EPS $9.39 (+25%); adjusted net income for the period was $3,985M (+20%) and adjusted diluted EPS $9.88 (+17%).
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
61092 M
Market cap (USD)
1,270,269
Daily traded volume (Shares)
131.28 / 130.38
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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