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OTCMKTS:NTIOF

National Bank of Canada (NTIOF) Stock Price, News & Analysis

$85.58
-0.62 (-0.72%)
(As of 06/7/2024 ET)
Today's Range
$85.58
$85.73
50-Day Range
$79.81
$86.69
52-Week Range
$60.71
$86.69
Volume
2,552 shs
Average Volume
21,816 shs
Market Capitalization
$29.10 billion
P/E Ratio
11.99
Dividend Yield
3.67%
Price Target
N/A

National Bank of Canada MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.01% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.63
Upright™ Environmental Score
News Sentiment
0.59mentions of National Bank of Canada in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.41 out of 5 stars

NTIOF stock logo

About National Bank of Canada Stock (OTCMKTS:NTIOF)

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. The Wealth Management segment provides full-service brokerage, private banking, direct brokerage, investment solutions, administrative and trade execution, transaction products, and trust and estate services. The Financial Markets segment offers corporate banking, advisory, and capital markets services; and project financing, debt, and equity underwriting; advisory services in the areas of mergers and acquisitions, and financing. The U.S. Specialty Finance and International segment provides specialty finance products; and personal and commercial banking in Cambodia. National Bank of Canada was founded in 1859 and is headquartered in Montreal, Canada.

NTIOF Stock Price History

NTIOF Stock News Headlines

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Company Calendar

Ex-Dividend for 5/1 Dividend
3/22/2024
Dividend Payable
5/01/2024
Last Earnings
5/29/2024
Today
6/08/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:NTIOF
Employees
31,243
Year Founded
N/A

Profitability

Net Income
$2.47 billion
Pretax Margin
17.00%

Debt

Sales & Book Value

Annual Sales
$17.32 billion
Cash Flow
$8.58 per share
Book Value
$44.99 per share

Miscellaneous

Free Float
338,865,000
Market Cap
$29.09 billion
Optionable
Not Optionable
Beta
1.09
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Key Executives

  • Mr. Laurent Ferreira (Age 53)
    President, CEO & Director
    Comp: $2.1M
  • Ms. Marie Chantal Gingras
    CFO & Executive VP of Finance
  • Ms. Lucie Blanchet
    Executive Vice-President of Personal Banking & Client Experience
  • Mr. Etienne Dubuc
    Executive VP, Head of Fin. Markets, Co-President & Co-CEO of National Bank Financial
  • Ms. Julie Levesque
    Executive Vice-President of Technology & Operations
  • Marianne Ratte
    VP & Head of Investor Relations
  • Ms. Nicole Rondou
    Vice President of Compliance
  • Dominic Paradis
    Senior VP of Legal Affairs & Corporate Secretary
  • Claude Breton
    Vice-President of Communications & Corporate Social Responsibility
  • Ms. Brigitte Hebert
    Head of Employee Experience & Executive VP of Employee Experience

Should I Buy National Bank of Canada Stock? NTIOF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Bank of Canada:

  • National Bank of Canada has shown consistent growth in its revenue and earnings over the past few quarters, indicating a strong financial performance.
  • The bank has a solid dividend yield, providing investors with a steady income stream. Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
  • National Bank of Canada has a strong capital position, which is crucial for a bank's stability and ability to withstand economic downturns.
  • The bank's stock price has been relatively stable and has shown resilience during market fluctuations, offering investors a sense of security.
  • National Bank of Canada has been investing in digital transformation, enhancing its online banking services to meet the evolving needs of customers and stay competitive in the industry.

Cons

Investors should be bearish about investing in National Bank of Canada for these reasons:

  • The banking sector is highly regulated, which can sometimes limit the bank's flexibility in responding to market changes and innovation.
  • Interest rate fluctuations can impact the bank's profitability, as banks make money from the spread between the interest they earn on loans and the interest they pay on deposits.
  • National Bank of Canada faces competition from other major banks and financial institutions, which could put pressure on its market share and profitability.
  • Economic uncertainties and global events can affect the bank's performance and stock price, leading to potential volatility in returns for investors.
  • Investing in individual stocks, like National Bank of Canada, carries inherent risks related to company-specific factors, such as management changes, regulatory issues, or unexpected financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these National Bank of Canada pros and cons to contact@marketbeat.com.

NTIOF Stock Analysis - Frequently Asked Questions

How have NTIOF shares performed in 2024?

National Bank of Canada's stock was trading at $76.22 at the beginning of 2024. Since then, NTIOF shares have increased by 12.3% and is now trading at $85.58.
View the best growth stocks for 2024 here
.

Are investors shorting National Bank of Canada?

National Bank of Canada saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 6,848,200 shares, a drop of 21.6% from the April 30th total of 8,732,900 shares. Based on an average daily trading volume, of 69,800 shares, the short-interest ratio is presently 98.1 days.
View National Bank of Canada's Short Interest
.

How were National Bank of Canada's earnings last quarter?

National Bank of Canada (OTCMKTS:NTIOF) announced its quarterly earnings results on Wednesday, May, 29th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. The financial services provider earned $2.09 billion during the quarter. National Bank of Canada had a trailing twelve-month return on equity of 17.14% and a net margin of 15.65%.

How often does National Bank of Canada pay dividends? What is the dividend yield for National Bank of Canada?

National Bank of Canada declared a dividend on Tuesday, March 19th. Stockholders of record on Monday, March 25th will be given a dividend of $0.7841 per share on Wednesday, May 1st. This represents a yield of 3.85%. The ex-dividend date of this dividend is Friday, March 22nd. This is an increase from the stock's previous dividend of $0.78.
Read our dividend analysis for NTIOF
.

Is National Bank of Canada a good dividend stock?

National Bank of Canada (OTCMKTS:NTIOF) pays an annual dividend of $3.14 per share and currently has a dividend yield of 3.64%. The dividend payout ratio is 43.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NTIOF.

How do I buy shares of National Bank of Canada?

Shares of NTIOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NTIOF) was last updated on 6/8/2024 by MarketBeat.com Staff

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