Cormark Predicts Lower Earnings for National Bank of Canada

National Bank of Canada (OTCMKTS:NTIOF) – Equities research analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for National Bank of Canada in a report released on Thursday, February 27th. Cormark analyst L. Persaud now forecasts that the financial services provider will earn $7.41 per share for the year, down from their prior 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.

National Bank of Canada (OTCMKTS:NTIOF) last posted its earnings results on Wednesday, December 4th. The financial services provider reported $1.89 earnings per share (EPS) 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%.

Several other analysts have also commented on the stock. 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 lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th.

National Bank of Canada Stock Up 0.3 %

OTCMKTS NTIOF opened at $83.17 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $32.54 billion, a PE ratio of 10.59 and a beta of 1.07. National Bank of Canada has a 1 year low of $76.77 and a 1 year high of $100.08. The business’s 50-day moving average is $89.68 and its 200 day moving average is $92.37.

National Bank of Canada Increases Dividend

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

About National Bank of Canada

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.