Cormark Cuts Earnings Estimates for National Bank of Canada

National Bank of Canada (OTCMKTS:NTIOF) – Analysts at Cormark dropped their FY2025 earnings per share estimates for National Bank of Canada in a report issued on Thursday, December 5th. Cormark analyst L. Persaud now forecasts that the financial services provider will post earnings of $7.55 per share for the year, down from their previous estimate of $7.67. The consensus estimate for National Bank of Canada’s current full-year earnings is $7.45 per share. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $8.26 EPS.

Several other research analysts have also weighed in on NTIOF. Barclays lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st. Cibc World Mkts downgraded shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 20th.

National Bank of Canada Stock Performance

OTCMKTS NTIOF opened at $94.28 on Friday. National Bank of Canada has a fifty-two week low of $68.85 and a fifty-two week high of $100.08. The stock has a market cap of $32.11 billion, a price-to-earnings ratio of 12.01 and a beta of 1.06. The business has a fifty day moving average of $95.80 and a 200-day moving average of $88.80. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06.

National Bank of Canada Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, September 30th were given a $0.8081 dividend. This is an increase from National Bank of Canada’s previous dividend of $0.81. The ex-dividend date of this dividend was Friday, September 27th. This represents a dividend yield of 3.45%. National Bank of Canada’s dividend payout ratio is presently 42.93%.

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.