Cormark Expects Reduced Earnings for National Bank of Canada

National Bank of Canada (OTCMKTS:NTIOFFree Report) – Research analysts at Cormark lowered their FY2025 earnings estimates for shares of National Bank of Canada in a report released on Thursday, February 27th. Cormark analyst L. Persaud now anticipates that the financial services provider will post earnings per share of $7.41 for the year, down from their previous forecast 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.

NTIOF has been the subject of a number of other reports. Barclays cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research 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 report on Tuesday, February 18th.

Check Out Our Latest Analysis on National Bank of Canada

National Bank of Canada Stock Up 0.3 %

NTIOF stock opened at $83.17 on Friday. The firm has a 50-day moving average price of $89.68 and a 200-day moving average price of $92.43. National Bank of Canada has a 12 month low of $76.77 and a 12 month high of $100.08. 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 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:NTIOFGet Free Report) last announced 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 return on equity of 17.21% and a net margin of 24.65%.

National Bank of Canada Increases Dividend

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

National Bank of Canada Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for National Bank of Canada (OTCMKTS:NTIOF)

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