Cormark Issues Positive Estimate for OTCMKTS:NTIOF Earnings

National Bank of Canada (OTCMKTS:NTIOF) – Cormark upped their FY2025 earnings per share estimates for shares of National Bank of Canada in a research report issued to clients and investors on Tuesday, May 20th. Cormark analyst L. Persaud now forecasts that the financial services provider will post earnings per share of $7.43 for the year, up from their previous estimate of $7.41. Cormark currently 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 $8.18 EPS.

NTIOF has been the subject of a number of other research reports. National Bankshares cut National Bank of Canada from a “speculative buy” rating to an “underperform” rating in a research note on Friday, April 4th. Cibc World Mkts cut shares of National Bank of Canada from a “hold” rating to a “strong sell” rating in a research note on Friday, April 4th. CIBC reissued an “outperform” rating on shares of National Bank of Canada in a research report on Tuesday. Finally, Scotiabank upgraded shares of National Bank of Canada to a “strong-buy” rating in a research note on Thursday, May 15th. Two analysts have rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

National Bank of Canada Stock Up 1.3%

Shares of OTCMKTS NTIOF opened at $94.05 on Friday. The business has a 50-day moving average price of $85.48 and a 200 day moving average price of $88.90. The stock has a market cap of $36.80 billion, a PE ratio of 11.98 and a beta of 1.00. 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 has a 52-week low of $74.21 and a 52-week high of $100.08.

National Bank of Canada Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 1st were given a dividend of $0.7975 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a yield of 3.86%. National Bank of Canada’s payout ratio is currently 40.05%.

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.