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StockVS

TSX · Banks - Diversified · CAD

National Bank of Canada (NA.TO) Stock Analysis

National Bank of Canada (NA.TO) is a Banks - Diversified stock listed on TSX and quoted in Canadian Dollar.

NA.TO

CA$217.91

+CA$0.01 (+0.00%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NA.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$217.77
Previous Close
CA$217.90
Day's Range
217.25–219.50
52-Week Range
145.04–237.13
Volume
1.27M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.17
Valuation
Market Cap
CA$83.93B
P/E Ratio
18.22
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
15.15
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.45
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.75
EPS (ttm)Profit attributable to each share over the last twelve months.
11.96
Financials (FY)
Profit marginThe share of revenue left as profit after all costs and taxes.
33.28%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
385.14M
1-Year Return
+55.17%
Dividend and dates
Dividend
CA$5.28+2.42%
Ex-Dividend Date
September 28, 2026
Avg Volume
1.37M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NA.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+27.89%
2025+36.15%
2024+34.65%
2023+15.53%
2022−1.45%
2021+39.02%
2020+4.01%
2019+34.04%
2018−6.92%
2017+19.77%
2016 (partial year)+19.66%

As of September 4, 2026.

NA.TO Dividend History

CA$4.74+7.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$2.562—
2025CA$4.744+7.7%
2024CA$4.404+8.1%
2023CA$4.074+10.6%
YearDividends per sharePaymentsChange
2026 (partial year)CA$2.562—
2025CA$4.744+7.7%
2024CA$4.404+8.1%
2023CA$4.074+10.6%
2022CA$3.684+22.7%
2021CA$3.004+5.6%
2020CA$2.844+4.4%
2019CA$2.724+9.2%
2018CA$2.494+7.3%
2017CA$2.324+109.0%
2016CA$1.112—

Most recent payment: CA$1.28 per share, ex-dividend June 29, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NA.TO Valuation vs Banks - Diversified Median

Median of 21 stocks
MetricNA.TOBanks - Diversified medianvs median
P/E18.2215.7516% above
P/S ratio5.753.5662% above
Profit margin33.28%29.41%3.9 pts above

Medians across 21 Banks - Diversified stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

National Bank of Canada (NA.TO) carries a market capitalisation of CA$83.93B. The company sits in the Financial Services sector, in the Banks - Diversified industry. Headcount on file is 34,816.

NA.TO last closed at CA$217.91 on September 4, 2026. That is +CA$0.01 (0.00%) against the previous close. The 52-week range on file runs from CA$145.04 to CA$237.13. The latest close sits 50.24% above that 52-week low.

Financial Health

Trailing twelve-month revenue on file is CA$14.58B. Profit margin runs at 33.28%. That is 3.9 percentage points above the Banks - Diversified median of 29.41%. Trailing earnings per share are 11.96.

Valuation Assessment

NA.TO trades at a trailing price-to-earnings ratio of 18.22. That is 15.68% above the Banks - Diversified median of 15.75. On forward earnings the ratio is 15.15. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.45. The price-to-sales ratio is 5.75. On price-to-sales that is 61.86% above the Banks - Diversified median of 3.56. 21 Banks - Diversified companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +55.17%. Across 10 years the annualized return works out at +21.24%. Beta against the wider market is reported at 1.17. Daily returns over the trailing 10 years annualize to a volatility of 21.1%.

Growth & Income

Shareholders receive a dividend, yielding 2.42% on the latest price. That is 0.1 percentage points above the Banks - Diversified median yield of 2.33%. The indicated annual rate is CA$5.28 a share. The ex-dividend date on file is September 28, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$2.56 a share. The year before, 2025, totalled CA$4.74 a share.

The strongest complete calendar year on file is 2021 at +39.02%; the weakest is 2018 at −6.92%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the price is +27.89% year to date.

Peer Comparison

National Bank of Canada (NA.TO) operates in the Banks - Diversified industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
National Bank of Canada NA.TO CA$83.93B 18.2
JPMorgan Chase & Co. JPM CA$953.33B 15.4
Bank of America Corporation BAC CA$438.31B 14.5
HSBC Holdings plc HSBC CA$366.94B 15.3

The Banks - Diversified industry average P/E ratio is 15.8x. National Bank of Canada trades at a P/E of 18.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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 banking, financing, and investing services to individuals, advisors, and businesses, as well as insurance operations. The Wealth Management segment provides investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. The Financial Markets segment offers corporate and investment banking solutions for large and mid-size corporations, public sector organizations, and institutional investors. The U.S. Specialty Finance and International segment provides specialty finance products; and personal and commercial banking in Cambodia. National Bank of Canada was founded in 1859 and is headquartered in Montreal, Canada.

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