Cormark Forecasts Lower Earnings for National Bank of Canada

National Bank of Canada (OTCMKTS:NTIOF) – Cormark reduced their FY2025 earnings estimates for shares of National Bank of Canada in a research report issued to clients and investors on Thursday, February 27th. Cormark analyst L. Persaud now forecasts that the financial services provider will earn $7.41 per share for the year, down from their prior estimate of $7.48. Cormark has a “Hold” rating on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $7.63 per share. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $8.09 EPS.

Other research analysts also recently issued reports about the company. Cibc World Mkts downgraded National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Barclays downgraded National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st.

National Bank of Canada Stock Performance

Shares of NTIOF opened at $83.17 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.06. The firm’s fifty day simple moving average is $89.68 and its two-hundred day simple moving average is $92.43. National Bank of Canada has a 12 month low of $76.77 and a 12 month high of $100.08. The stock has a market capitalization of $32.54 billion, a P/E ratio of 10.59 and a beta of 1.07.

National Bank of Canada (OTCMKTS:NTIOF) last posted its quarterly earnings data on Wednesday, December 4th. The financial services provider reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.05. National Bank of Canada had a net margin of 24.65% and a return on equity of 17.21%.

National Bank of Canada Increases Dividend

The business also recently declared a dividend, which was paid on Saturday, February 1st. Shareholders of record on Tuesday, December 31st were issued a $0.8104 dividend. This represents a yield of 3.53%. This is a boost from National Bank of Canada’s previous dividend of $0.81. The ex-dividend date of this dividend was Monday, December 30th. National Bank of Canada’s dividend payout ratio (DPR) is presently 41.02%.

National Bank of Canada Company Profile

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 personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.