NA.TO - National Bank of Canada

Toronto - Toronto Delayed Price. Currency in CAD
60.91
-0.30 (-0.49%)
As of 2:28PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close61.21
Open60.80
Bid60.92 x 0
Ask60.93 x 0
Day's Range60.42 - 61.05
52 Week Range54.37 - 65.95
Volume461,205
Avg. Volume1,071,290
Market Cap20.416B
Beta (3Y Monthly)1.06
PE Ratio (TTM)10.07
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.72 (4.26%)
Ex-Dividend Date2019-06-24
1y Target EstN/A
  • Does National Bank of Canada's (TSE:NA) CEO Salary Reflect Performance?
    Simply Wall St.

    Does National Bank of Canada's (TSE:NA) CEO Salary Reflect Performance?

    Louis Vachon became the CEO of National Bank of Canada (TSE:NA) in 2007. This report will, first, examine the CEO...

  • Collect $7,000/Year of Passive Income With This Rock-Steady Dividend Payer
    The Motley Fool

    Collect $7,000/Year of Passive Income With This Rock-Steady Dividend Payer

    National Bank of Canada (TSX:NA) is excellent in three aspects: growth opportunities, dividend track record, and passive income. This dividend-paying stock is suited for investors who have passive-income goals.

  • 3 Stocks to Buy and Hold for the Next Decade
    The Motley Fool

    3 Stocks to Buy and Hold for the Next Decade

    Investors looking for investments that can provide solid earnings for the next decade should consider TransAlta Renewables Inc. (TSX:RNW) and these two other top picks.

  • Here Are 2 Very Different Banks, Both Compelling Investment Options
    The Motley Fool

    Here Are 2 Very Different Banks, Both Compelling Investment Options

    Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and National Bank of Canada (TSX:NA) are both interesting picks for income- and growth-seeking investors alike.

  • Is It Worth Buying National Bank of Canada (TSE:NA) For Its 4.3% Dividend Yield?
    Simply Wall St.

    Is It Worth Buying National Bank of Canada (TSE:NA) For Its 4.3% Dividend Yield?

    Is National Bank of Canada (TSE:NA) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • Worried About the Markets? Buy These 3 Stocks!
    The Motley Fool

    Worried About the Markets? Buy These 3 Stocks!

    Waste Connections Inc (TSX:WCN)(NYSE:WCN) and these two other stocks could prove to be great buys in both good economic times and bad.

  • The Motley Fool

    2 Value Stocks You Can Set and Forget

    National Bank of Canada (TSX:NA) and TC Energy Corp. (TSX:TRP)(NYSE:TRP) are not only value stocks but high-dividend payers. You can invest in the stocks, place them in your portfolio, and forget about them.

  • A Review of the Best of Canada’s Smaller Banks
    The Motley Fool

    A Review of the Best of Canada’s Smaller Banks

    Canada's big banks are often the first stop for investors, but smaller banks such as Canadian Western Bank (TSX:CWB) and two others are equally attractive.

  • About to Retire? Look at These 2 Banking Stocks
    The Motley Fool

    About to Retire? Look at These 2 Banking Stocks

    People retiring soon can accelerate their savings for retirement by investing in unheralded but high-paying dividend bank stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and National Bank of Canada (TSX:NA).

  • New Investors: Here’s Why You Should Build a Banking-Focused TFSA
    The Motley Fool

    New Investors: Here’s Why You Should Build a Banking-Focused TFSA

    Investors just starting out can build a solid portfolio by targeting stocks like Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and others.

  • National Bank of Canada (TSE:NA) Shareholders Have Enjoyed A 36% Share Price Gain
    Simply Wall St.

    National Bank of Canada (TSE:NA) Shareholders Have Enjoyed A 36% Share Price Gain

    By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...

  • Become Wealthy With This Big Bank Stock
    The Motley Fool

    Become Wealthy With This Big Bank Stock

    Get a juicy dividend yield and stable growth from National Bank of Canada (TSX:NA) for the long haul!

  • Careful Investors: 2 “Dangerous” Stocks to Swap Out Now
    The Motley Fool

    Careful Investors: 2 “Dangerous” Stocks to Swap Out Now

    Here's why National Bank of Canada (TSX:NA) and one other stock beat a pair of riskier tickers.

  • TFSA Investors: 3 Great Dividend Stocks Yielding up to 6.4%
    The Motley Fool

    TFSA Investors: 3 Great Dividend Stocks Yielding up to 6.4%

    Your TFSA will be gushing dividends if you buy National Bank of Canada (TSX:NA), Rogers Sugar Inc. (TSX:RSI), and Chorus Aviation Inc. (TSX:CHR) today.

  • Thomson Reuters StreetEvents

    Edited Transcript of NA.TO earnings conference call or presentation 30-May-19 5:00pm GMT

    Q2 2019 National Bank of Canada Earnings Call

  • Baystreet

    Stocks in play: National Bank of Canada

    Announced an increase of three cents per common share to $0.68 per common share for the quarter ending ...

  • Canadian banks wrap up 'OK' Q2, with a mix of earnings beats and misses
    The Canadian Press

    Canadian banks wrap up 'OK' Q2, with a mix of earnings beats and misses

    Canada's biggest banks delivered a mix of second-quarter earnings beats and misses, but still collectively generated roughly $12 billion in profits.Net income across the Big Six lenders in the quarter ended April 30 was up approximately seven per cent compared with one year ago, or up roughly five per cent on an adjusted basis.While domestic loan growth has generally slowed after regulations aimed at reining in mortgage lending were introduced last year, it was better than expected and banks with international businesses got a boost yet again this quarter, analysts say.Meanwhile, capital markets activity — while down overall — also exceeded expectations, they added."They did OK," said Meny Grauman, an analyst with Cormark Securities in Toronto. "They continued to deliver good results, but not spectacular results. And there were definitely enough black marks in the results to continue to fuel questions about just how strong performance is going to be heading into the future."National Bank was the last of the group to report its second-quarter earnings on Thursday, hiking its dividend as it delivered a roughly two per cent increase in net income fuelled by strength in Quebec. The lender reported a nine per cent uptick in profits from its personal and commercial banking arm, as well as growth in U.S. specialty finance and international and wealth management. However, its earnings were hampered by a slowdown in financial markets and missed analyst estimates.National Bank's chief executive Louis Vachon said the lender had a "solid" showing in its second quarter."Our performance was driven by positive momentum in our businesses, disciplined cost management and strong credit quality... The economic backdrop remains favourable in Canada and we continue to benefit from the strength and diversification of the Quebec economy," he told analysts on a conference call Thursday.Canadian Imperial Bank of Commerce kicked off earnings season last week with a 2.2. per cent rise in net income, but missed analyst estimates as sluggish loan growth offset its gains from capital markets and U.S. commercial banking."CIBC was clearly the weakest of the banks," said Grauman.Toronto-Dominion Bank, meanwhile, was viewed as delivering the most robust results, beating market expectations with strong growth in its retail operations both at home and south of the border.Royal Bank of Canada posted better-than-expected quarterly earnings with a seven per cent bump in profits, compared with a year ago, fuelled by loan growth and higher interest rates.Both the Bank of Montreal and Bank of Nova Scotia this week said their quarterly profits rose, but earnings came in lower than investors anticipated due to some non-recurring items.BMO's Canada and U.S. businesses were solid, but severance costs in its capital markets division — totalling $120 million before taxes — resulted in an earnings miss. The severance costs, which the lender said was aimed at aligning its resources with the current market environment, is expected to deliver millions in annual cost savings going forward.Scotiabank's international business, particularly in Latin America, again offered strong contributions but a surge of provisions for credit losses in connection with a flurry of recent acquisitions, as required under accounting rules, ate into its results.With the exception of National Bank, Canada's biggest lenders saw provisions for credit losses — or money set aside for bad loans — rise this quarter compared with a year ago, to varying degrees.Scotiabank saw the biggest jump, followed by RBC at 55 per cent, CIBC at 20 per cent, TD at 14 per cent and BMO at 10 per cent.These increases come as the U.S. portfolio manager featured in The Big Short, Steve Eisman, recently reiterated his bet against the country's biggest lenders, noting that Canada hasn't had a credit cycle in nearly three decades. A Veritas analyst also urged investors earlier this year to reduce exposure to the Canadian banks ahead of an "acceleration of credit losses."Some of the upswing in loan loss provisions in the latest quarter can be attributed to new accounting standards, analysts say. IFRS 9, which was implemented last year, increases the emphasis on banks' expected losses over the life of a loan, and in turn introduces more volatility to the measure.Overall, credit remains "very solid," said James Shanahan, an analyst with Edward Jones, based in St. Louis."What we've seen is some lumpiness, and certainly in the utility, and energy sector, with perhaps a few other little pockets of weakness," he said.The outlook for the rest of the 2019 financial year, however, also has some clouds ahead.CIBC pointed towards "relatively flat" total year-over-year earnings in 2019, lowering its previous guidance.Other lenders signalled they would be able to hit their medium-term earnings per share targets, but largely at the lower end of the range, said Grauman.What will be key is the banks' ability to manage expenses, while still protecting the bottom line and investing in the future, analysts say."It's going to be hard to see how any bank can get to double-digit EPS growth in 2019, that's going to be very challenging," Grauman said. Companies in this story: (TSX:RY, TSX:TD, TSX:BMO, TSX:BNS, TSX:CM, TSX:NA) Armina Ligaya, The Canadian Press

  • Trump crackdown may have thrown wrench into U.S.-Cuba food trade
    Reuters

    Trump crackdown may have thrown wrench into U.S.-Cuba food trade

    The Trump administration's decision to allow lawsuits against foreign entities making use of nationalized Cuban property may affect U.S. food sales to the Communist-run country, according to U.S. suppliers and business sources in Cuba. U.S. farmers and agribusiness's have sold nearly $6 billion in poultry, soy, corn and other products to Cuba since 2001 under an exception to the trade embargo that allows the sales for cash, helping to alleviate shortages on the Caribbean island. Title III of the Cuba sanctions law, waived by previous presidents, states that anyone whose property was nationalized after the 1959 Cuban Revolution, even if they were not U.S. citizens at the time, can sue any individual or company profiting from their former holdings.

  • Reuters

    ANALYSIS-Trump crackdown may have thrown wrench into U.S.-Cuba food trade

    The Trump administration's decision to allow lawsuits against foreign entities making use of nationalized Cuban property may affect U.S. food sales to the Communist-run country, according to U.S. suppliers and business sources in Cuba. U.S. farmers and agribusiness's have sold nearly $6 billion in poultry, soy, corn and other products to Cuba since 2001 under an exception to the trade embargo that allows the sales for cash, helping to alleviate shortages on the Caribbean island. Title III of the Cuba sanctions law, waived by previous presidents, states that anyone whose property was nationalized after the 1959 Cuban Revolution, even if they were not U.S. citizens at the time, can sue any individual or company profiting from their former holdings.

  • Q2 Earnings Preview: The Smallest of the Big Six Banks
    The Motley Fool

    Q2 Earnings Preview: The Smallest of the Big Six Banks

    National Bank of Canada (TSX:NA) is set to release its second-quarter earnings later this month. Investors should expect an improvement from a lukewarm Q1.

  • Beat the Big Five Banks With This Under-appreciated Bank Stock Yielding 4%
    The Motley Fool

    Beat the Big Five Banks With This Under-appreciated Bank Stock Yielding 4%

    Get a tasty 4% yield and steady growth by investing in National Bank of Canada (TSX:NA).

  • Buying Big Bank Stocks? Overlooking These Banks Is a Mistake
    The Motley Fool

    Buying Big Bank Stocks? Overlooking These Banks Is a Mistake

    Are investors overlooking smaller Big Six bank stocks such as National Bank of Canada (TSX:NA)?

  • My Top 3 Bank Dividend Stocks
    The Motley Fool

    My Top 3 Bank Dividend Stocks

    Do not let your hunt for high yields turn you away from bank stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

  • What You Should Know About National Bank of Canada’s (TSE:NA) Liquidity
    Simply Wall St.

    What You Should Know About National Bank of Canada’s (TSE:NA) Liquidity

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Post-GFC recovery has driven major financial institutions’ return to health, increasing market confidence in these “too-big-t...

  • 3 Downsides to Investing in National Bank of Canada (TSX:NA)
    The Motley Fool

    3 Downsides to Investing in National Bank of Canada (TSX:NA)

    National Bank of Canada (TSX:NA) is not as popular as the Big Five banks but is one of the well-loved top-tier dividend stocks.