FY2025 EPS Estimates for OTCMKTS:NTIOF Raised by Desjardins

Key Points

• Desjardins has raised its fiscal year 2025 earnings per share (EPS) estimate for National Bank of Canada from $7.92 to $8.14, surpassing the consensus estimate of $7.63.
• The bank increased its dividend to $0.8578, yielding 348.0%, up from the previous dividend of $0.80.
• National Bank of Canada reported quarterly earnings of $2.00 EPS, beating analyst estimates by $0.29, despite revenue being below expectations at $2.64 billion.

National Bank of Canada (OTCMKTS:NTIOF - Free Report) - Equities researchers at Desjardins raised their FY2025 EPS estimates for shares of National Bank of Canada in a research note issued to investors on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the financial services provider will earn $8.14 per share for the year, up from their previous forecast of $7.92. 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 $8.50 EPS.

National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The financial services provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.71 by $0.29. National Bank of Canada had a net margin of 18.73% and a return on equity of 16.83%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $3.33 billion.

Several other research firms also recently weighed in on NTIOF. CIBC reiterated an "outperform" rating on shares of National Bank of Canada in a research report on Tuesday, May 20th. Cibc World Mkts upgraded National Bank of Canada from a "strong sell" rating to a "hold" rating in a research report on Friday, August 1st. Finally, Scotiabank upgraded National Bank of Canada to a "strong-buy" rating in a research report on Thursday, May 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".

National Bank of Canada Stock Up 0.8%

Shares of NTIOF opened at $108.36 on Thursday. The company has a market cap of $42.46 billion, a PE ratio of 14.33 and a beta of 1.02. The business has a fifty day moving average of $102.63 and a 200 day moving average of $92.08. National Bank of Canada has a 52-week low of $74.21 and a 52-week high of $108.36. 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 Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st were given a $0.8578 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a 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 45.77%.

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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