Brokers Issue Forecasts for OTCMKTS:NTIOF FY2025 Earnings

Key Points

• Desjardins has cut its FY2025 EPS estimate for National Bank of Canada to $7.85, down from $8.14, while the current consensus estimate is $7.63.
• National Bank of Canada recently increased its dividend to $0.8578 per share, up from $0.80, with a payout ratio of 47.34%.
• The company reported Q2 earnings of $1.95 per share, missing expectations, with revenue of $2.49 billion compared to forecasts of $3.47 billion.

National Bank of Canada (OTCMKTS:NTIOF - Free Report) - Equities researchers at Desjardins dropped their FY2025 EPS estimates for shares of National Bank of Canada in a note issued to investors on Wednesday, August 27th. Desjardins analyst D. Young now forecasts that the financial services provider will earn $7.85 per share for the year, down from their prior forecast of $8.14. The consensus estimate for National Bank of Canada's current full-year earnings is $7.63 per share. Desjardins also issued estimates for National Bank of Canada's FY2026 earnings at $8.28 EPS.

NTIOF has been the topic of several other research reports. Cibc World Mkts raised shares of National Bank of Canada from a "strong sell" rating to a "hold" rating in a report on Friday, August 1st. Scotiabank restated an "outperform" rating on shares of National Bank of Canada in a research report on Thursday. CIBC reiterated an "outperform" rating on shares of National Bank of Canada in a report on Tuesday, May 20th. Finally, Royal Bank Of Canada reissued a "sector perform" rating on shares of National Bank of Canada in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold".

National Bank of Canada Trading Up 1.3%

Shares of NTIOF stock opened at $105.61 on Monday. The firm has a fifty day moving average price of $104.81 and a 200-day moving average price of $93.73. National Bank of Canada has a 1 year low of $74.21 and a 1 year high of $109.85. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $41.39 billion, a price-to-earnings ratio of 14.41 and a beta of 0.98.

National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) last issued its earnings results on Wednesday, August 27th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.03). National Bank of Canada had a return on equity of 16.97% and a net margin of 15.34%.The firm had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $3.47 billion.

National Bank of Canada Increases Dividend

The company also recently announced a dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st were issued a dividend of $0.8578 per share. The ex-dividend date of this dividend was Monday, June 30th. This is an increase from National Bank of Canada's previous dividend of $0.80. This represents a dividend yield of 348.0%. National Bank of Canada's payout ratio is currently 47.34%.

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.

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