What is Desjardins' Forecast for OTCMKTS:NTIOF Q3 Earnings?

National Bank of Canada (OTCMKTS:NTIOF - Free Report) - Equities researchers at Desjardins lowered their Q3 2025 EPS estimates for National Bank of Canada in a report issued on Wednesday, May 28th. Desjardins analyst D. Young now forecasts that the financial services provider will earn $1.79 per share for the quarter, down from their prior estimate of $1.82. 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 FY2025 earnings at $7.92 EPS.

A number of other research firms also recently commented on NTIOF. Scotiabank upgraded National Bank of Canada to a "strong-buy" rating in a report on Thursday, May 15th. Cormark lowered shares of National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 21st. Cibc World Mkts lowered shares of National Bank of Canada from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th. CIBC reaffirmed an "outperform" rating on shares of National Bank of Canada in a research report on Tuesday, May 20th. Finally, National Bankshares lowered shares of National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research report on Friday, April 4th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

National Bank of Canada Stock Up 1.4%

Shares of NTIOF traded up $1.37 during trading hours on Friday, reaching $98.01. The company's stock had a trading volume of 178,857 shares, compared to its average volume of 79,469. The firm has a market cap of $38.35 billion, a price-to-earnings ratio of 12.49 and a beta of 1.00. National Bank of Canada has a 1-year low of $74.21 and a 1-year high of $100.08. 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 50 day moving average of $86.76 and a two-hundred day moving average of $88.95.

National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) last issued its earnings results on Wednesday, May 28th. The financial services provider reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.71 by $0.29. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $3.33 billion. National Bank of Canada had a return on equity of 17.21% and a net margin of 24.65%.

National Bank of Canada Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 1st. Investors of record on Tuesday, April 1st were given a dividend of $0.7975 per share. This represents a yield of 3.86%. The ex-dividend date was Monday, March 31st. National Bank of Canada's payout ratio is presently 43.25%.

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.