National Bank of Canada
NA
ISIN CA6330671034 / Valor 694912
National Bank of Canada
UMushroom community rating:
About company
National Bank of Canada is a leading financial institution that provides a comprehensive range of banking, insurance, investment, and wealth management services to individuals, businesses, and clients with specific needs, both domestically and internationally. With a strong focus on customer satisfaction and innovation, the bank is committed to delivering tailored financial solutions to meet the diverse needs of its clients. Through its extensive network of branches and digital platforms, National Bank of Canada continues to be a trusted partner for individuals and businesses seeking reliable and efficient financial services.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Net Income Growth
For the third quarter of 2024, National Bank of Canada reported a net income of $1,033 million, marking a 24% increase from $830 million in the same quarter of 2023. This growth was attributed to strong performance across all business segments.
Earnings Per Share
National Bank of Canada's diluted earnings per share for the third quarter of 2024 stood at $2.89, compared to $2.33 in the third quarter of 2023. The adjusted diluted earnings per share, excluding specified items, was $2.68, up from $2.18 in the previous year.
Nine-Month Financial Performance
For the first nine months of 2024, National Bank of Canada achieved a net income of $2,861 million, a 13% increase from $2,538 million in the same period of 2023. The nine-month diluted earnings per share rose to $8.03 from $7.14 in the previous year.
Revenue and Expenses
In the third quarter of 2024, National Bank of Canada's total revenues increased by 7% year-over-year to $1,198 million, driven by growth in net interest income. However, non-interest expenses also rose by 3% to $615 million during the same period.
Capital Ratios
As of July 31, 2024, National Bank of Canada's Common Equity Tier 1 (CET1) capital ratio under Basel III remained stable at 13.5%, unchanged from October 31, 2023. The leverage ratio also held steady at 4.4% during this period.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
31365 M
Market cap (USD)
1,973,877
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.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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