NA.TO - National Bank of Canada

Toronto - Toronto Delayed Price. Currency in CAD
61.94
+0.21 (+0.34%)
At close: 4:00PM EDT
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Previous Close61.73
Open61.69
Bid61.93 x 0
Ask61.96 x 0
Day's Range61.58 - 62.08
52 Week Range54.37 - 65.95
Volume479,097
Avg. Volume1,220,725
Market Cap20.762B
Beta (3Y Monthly)1.06
PE Ratio (TTM)10.24
EPS (TTM)6.05
Earnings DateAug 28, 2019
Forward Dividend & Yield2.72 (4.48%)
Ex-Dividend Date2019-06-24
1y Target Est66.00
  • National Bank Investments Announces June 2019 Cash Distributions for certain NBI Exchange-Traded Funds
    CNW Group5 days ago

    National Bank Investments Announces June 2019 Cash Distributions for certain NBI Exchange-Traded Funds

    MONTREAL , June 13, 2019 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today the June 2019 cash distribution amounts per unit for certain exchange-traded funds, as indicated in the table ...

  • National Bank of Canada (TSE:NA) Shareholders Have Enjoyed A 36% Share Price Gain
    Simply Wall St.12 days ago

    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...

  • CNW Group12 days ago

    National Bank donates $300,000 to Right To Play in support of Indigenous youth

    TORONTO, June 6, 2019 /CNW Telbec/ - At the annual Right To Play Youth Leadership Symposium in Haliburton, Ontario, National Bank of Canada announced a $300,000 donation to the Promoting Life Skills in Aboriginal Youth (PLAY) program. This initiative consists of a training program for locally-hired youth workers in the First Nations, Métis and Inuit communities across Canada to deliver play-based programs that promote healthy living and relationships, education, and employability life skills. This donation will help accelerate the implementation of the Youth Leadership Program, which is a component of the PLAY program dedicated to children of 13 or older.

  • CNW Group12 days ago

    National Bank of Canada confirms new normal course issuer bid

    MONTREAL, June 6, 2019 /CNW Telbec/ - National Bank of Canada (the "Bank") (TSX:NA.TO - News) today announced that the Toronto Stock Exchange (the "TSX") and the Office of the Superintendent of Financial Institutions Canada ("OSFI") have approved the Bank's new normal course issuer bid to purchase for cancellation up to 6,000,000 of its common shares, through the facilities of the TSX and/or any alternative trading system in Canada, representing approximately 1.8% of its 335,191,028 issued and outstanding common shares as at May 27, 2019.

  • Become Wealthy With This Big Bank Stock
    The Motley Fool14 days ago

    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 Fool14 days ago

    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 Fool17 days ago

    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 StreetEvents18 days ago

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

    Q2 2019 National Bank of Canada Earnings Call

  • Baystreet19 days ago

    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 Press19 days ago

    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

  • CNW Group19 days ago

    National Bank of Canada announces new normal course issuer bid

    MONTREAL, May 30, 2019 /CNW Telbec/ - National Bank of Canada (the "Bank") (TSX:NA.TO - News) today announced that its Board of Directors has authorized a normal course issuer bid to purchase for cancellation up to 6,000,000 of its common shares, representing approximately 1.8% of its 335,191,028 issued and outstanding common shares as at May 27, 2019. This normal course issuer bid is subject to the approval of the Office of the Superintendent of Financial Institutions Canada ("OSFI") and the Toronto Stock Exchange (the "TSX"). It is expected that this normal course issuer bid will begin on or around June 10, 2019 and will end at the latest on or around June 9, 2020.

  • CNW Group19 days ago

    National Bank increases its common share dividend by 3 cents, up 5% from previous quarter

    MONTREAL , May 30, 2019 /CNW Telbec/ - National Bank of Canada's (TSX: NA) Board of Directors announces an increase of 3 cents per common share to $0.68 per common share for the quarter ending July 31, ...

  • CNW Group19 days ago

    National Bank reports its results for the Second Quarter of 2019 and raises its quarterly dividend by 3 cents to 68 cents per share

    The financial information reported in this document is based on the unaudited interim condensed consolidated financial statements for the quarter and six-month period ended April 30, 2019 and is prepared ...

  • Trump crackdown may have thrown wrench into U.S.-Cuba food trade
    Reuters21 days ago

    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.

  • Reuters21 days ago

    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.

  • CNW Group27 days ago

    Mastercard and Interac collaborate to give Canadians a fast, simple and secure way to send money globally

    TORONTO, May 22, 2019 /CNW/ - Mastercard and Interac, two trusted global and domestic payment networks, today announced a collaboration to offer Canadians a fast, simple and secure way to send money internationally. By leveraging Mastercard Send, a push-payments service that powers a faster, better, smarter way to send money cross border, the Interac e-Transfer platform will allow customers to send money from Canada to bank accounts internationally, starting with Europe.  National Bank will be the first bank to pilot the new international remittance solution for its personal banking clients. Canada is a large market for international payments, due to its diverse population and number of businesses that operate in an increasingly global marketplace.

  • CNW Grouplast month

    National Bank Investments Announces May 2019 Cash Distributions for one of its NBI Exchange-Traded Funds

    MONTREAL , May 16, 2019 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today the May 2019 cash distribution amounts per unit for one of its exchange-traded funds, as indicated in the table ...

  • National Bank of Canada announces sale of shares of Fiera Capital Corporation
    CNW Grouplast month

    National Bank of Canada announces sale of shares of Fiera Capital Corporation

    MONTREAL , May 9, 2019 /CNW Telbec/ - National Bank of Canada (" NBC ") announced today that it entered into an agreement dated May 9, 2019 with (A) Fiera Capital Corporation (" Fiera Capital ...

  • CNW Grouplast month

    National Bank Investments announces the renewal of their prospectus and changes to select NBI Funds

    MONTREAL , May 7, 2019 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today changes in management fees and risk ratings of select NBI Funds with the filing of its most recent prospectus ...

  • National Bank to release its second quarter 2019 results on May 30, 2019
    CNW Grouplast month

    National Bank to release its second quarter 2019 results on May 30, 2019

    MONTREAL , May 6, 2019 /CNW Telbec/ - National Bank of Canada (TSX: NA) will release its second quarter 2019 results on Thursday, May 30, 2019. Presentation materials referenced during the call will be ...

  • CNW Grouplast month

    Horizons ETFs and National Bank Direct Brokerage Launch The Biggest Winner 9 Trading Competition

    TORONTO, May 6, 2019 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") and National Bank Direct Brokerage ("NBDB") are pleased to announce today's launch of the ninth edition of The Biggest Winner trading competition, a simulated exchange traded fund ("ETF") investment contest. The Biggest Winner competition gives eligible Canadian investors the opportunity to learn about trading in a risk-free environment while competing for real cash prizes.

  • CNW Group2 months ago

    National Bank of Canada Announces Results of Conversion Rights of Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series 30

    MONTREAL, May 2, 2019 /CNW Telbec/ - National Bank of Canada (the "Bank") (TSX:NA.TO - News) announced today that none of its outstanding 14,000,000 Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series 30 (the "Series 30 Preferred Shares") will be converted on May 15, 2019 into Non-Cumulative Floating Rate First Preferred Shares, Series 31 (the "Series 31 Preferred Shares"). During the conversion period, 344,653 Series 30 Preferred Shares were tendered for conversion into Series 31 Preferred Shares, which is less than the minimum 1,000,000 required to give effect to the conversion, as per the terms of the Series 30 Preferred Shares described in the prospectus supplement dated January 31, 2014.

  • Q2 Earnings Preview: The Smallest of the Big Six Banks
    The Motley Fool2 months ago

    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.

  • CNW Group2 months ago

    National Bank Donates $50,000 to Support Flood Victims

    MONTREAL, April 30, 2019 /CNW/ - National Bank is announcing a donation of $50,000 to the Canadian Red Cross to assist communities affected by the flooding in Eastern Canada, particularly in Quebec, New Brunswick and Ontario. National Bank will also be collecting donations from the public both online and at all branches across Canada, from April 30 to May 14. The Bank's donation as well as all funds collected will be given to the Red Cross and used to provide immediate assistance to the victims.

  • CNW Group2 months ago

    National Bank of Canada Announces Election of Directors

    MONTREAL , April 24, 2019 /CNW Telbec/ - National Bank of Canada (the "Bank") (TSX: NA) announced today that each Director nominee listed in the Management Proxy Circular dated March 1, 2019 ...