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National Bank of Canada NA.TO · CAD

Financials · Toronto Stock Exchange · 🇨🇦 Canada

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217.51

+1.35%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Net income

C$4.02bn

FY2016FY2025

Total assets

C$576.92bn

FY2016FY2025

Shareholders' equity

C$33.77bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating incomeC$5.13bnC$4.54bnC$4.64bnC$4.69bnC$4.44bnC$3.09bnC$3.31bnC$3.21bnC$2.89bnC$2.03bn
Net incomeC$4.02bnC$3.82bnC$3.34bnC$3.38bnC$3.14bnC$2.04bnC$2.26bnC$2.15bnC$1.94bnC$1.18bn
Diluted earnings per share10.1411.139.749.969.176.036.686.285.613.44

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$576.92bnC$462.23bnC$423.58bnC$403.74bnC$355.62bnC$331.63bnC$281.46bnC$262.47bnC$245.02bnC$232.21bn
Cash and short-term investmentsC$33.20bnC$35.75bnC$39.14bnC$36.34bnC$36.81bnC$34.71bnC$15.22bnC$14.06bnC$10.09bnC$9.77bn
Total liabilitiesC$543.15bnC$436.68bnC$399.90bnC$381.99bnC$336.94bnC$315.24bnC$266.32bnC$248.12bnC$232.27bnC$220.10bn
DebtC$149.84bnC$74.78bnC$53.51bnC$44.88bnC$43.64bnC$36.69bnC$41.91bnC$36.75bnC$35.58bnC$33.43bn
Shareholders' equityC$33.77bnC$25.55bnC$23.68bnC$21.74bnC$18.68bnC$16.38bnC$14.78bnC$13.98bnC$12.75bnC$11.29bn
Shares outstanding396m343m343m340m342m339m338m341m346m343m

Financial ratios

Data as of 14 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin16.7%42.0%47.5%48.8%49.8%27.8%
Net margin13.0%35.2%34.1%35.2%35.3%18.4%
Return on equity11.9%14.9%14.1%15.6%16.8%12.5%
Return on assets0.7%0.8%0.8%0.8%0.9%0.6%
Revenue growth184.3%10.8%1.6%8.0%-19.9%52.3%
Earnings growth5.2%14.4%-1.4%7.8%53.8%-9.5%
Current ratio0.09x0.12x0.21x0.20x0.13x2.23x
Debt to equity4.42x2.91x2.24x2.07x2.27x2.20x
Equity ratio5.9%5.5%5.6%5.4%5.3%4.9%
Interest coverage0.31x0.27x0.35x1.10x2.01x0.93x
Buybacks as a share of market value-15.5%-0.1%-0.8%0.7%-1.1%-0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue47.4%22.6%18.8%
Operating income3.1%10.7%8.4%
Net income5.9%14.5%10.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin23.2%31.2%32.7%35.7%
Net margin18.8%23.9%24.4%25.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings17.011.810.49.210.511.910.88.911.215.8
Price to sales2.24.23.53.23.72.23.32.73.43.5

Dividends and splits

Per share, in the currency the company pays

Paid for 37 years. Last went ex-dividend on 28 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year5.124.646.193.983.582.842.842.66
  • 2-for-1 split · 14 Feb 2014

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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