FY2025 EPS Estimates for OTCMKTS:NTIOF Reduced by Cormark

National Bank of Canada (OTCMKTS:NTIOFFree Report) – Equities research analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for National Bank of Canada in a research note issued to investors on Thursday, February 27th. Cormark analyst L. Persaud now expects that the financial services provider will post earnings of $7.41 per share for the year, down from their previous forecast of $7.48. 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 $8.09 EPS.

National Bank of Canada (OTCMKTS:NTIOFGet Free Report) last released its earnings results on Wednesday, December 4th. The financial services provider reported $1.89 EPS for the quarter, topping analysts’ consensus estimates 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%.

Other equities analysts have also issued reports about the company. Barclays lowered National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st. Cibc World Mkts downgraded National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th.

Check Out Our Latest Stock Analysis on National Bank of Canada

National Bank of Canada Stock Down 1.3 %

National Bank of Canada stock opened at $82.91 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $32.44 billion, a P/E ratio of 10.56 and a beta of 1.07. The firm has a 50 day moving average price of $89.86 and a 200-day moving average price of $92.37. National Bank of Canada has a twelve month low of $76.77 and a twelve month high of $100.08.

National Bank of Canada Increases Dividend

The company also recently announced a dividend, which was paid on Saturday, February 1st. Shareholders of record on Tuesday, December 31st were paid a $0.8104 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is a boost from National Bank of Canada’s previous dividend of $0.81. This represents a yield of 3.53%. National Bank of Canada’s dividend payout ratio is currently 41.02%.

About National Bank of Canada

(Get Free Report)

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.

See Also

Earnings History and Estimates for National Bank of Canada (OTCMKTS:NTIOF)

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