FY2025 EPS Estimates for OTCMKTS:NTIOF Reduced by Analyst

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) - Stock analysts at Desjardins decreased their FY2025 earnings per share estimates for shares of National Bank of Canada in a note issued to investors on Wednesday, August 27th. Desjardins analyst D. Young now expects that the financial services provider will post earnings per share of $7.85 for the year, down from their prior estimate 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.

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

A number of other equities analysts have also recently weighed in on NTIOF. Cibc World Mkts raised National Bank of Canada from a "strong sell" rating to a "hold" rating in a report on Friday, August 1st. Scotiabank reaffirmed an "outperform" rating on shares of National Bank of Canada in a research note on Thursday, August 28th. CIBC reaffirmed an "outperform" rating on shares of National Bank of Canada in a research note on Tuesday, May 20th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of National Bank of Canada in a research note on Thursday, August 28th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold".

National Bank of Canada Price Performance

Shares of OTCMKTS NTIOF traded up $0.79 during trading hours on Monday, reaching $105.19. 502,896 shares of the stock traded hands, compared to its average volume of 60,718. The company has a market capitalization of $41.24 billion, a P/E ratio of 14.35 and a beta of 0.98. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.09. National Bank of Canada has a 52-week low of $74.21 and a 52-week high of $109.85. The company's 50-day simple moving average is $105.26 and its two-hundred day simple moving average is $94.21.

National Bank of Canada Increases Dividend

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

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.