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National Bank of Canada (NA) Competitors

National Bank of Canada logo
C$213.86 +0.93 (+0.44%)
As of 08/28/2026 04:00 PM Eastern

NA vs. TD, BMO, CM, BNS, and RY

Should you buy National Bank of Canada stock or one of its competitors? National Bank of Canada's main competitors and comparable companies include Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), and Royal Bank of Canada (RY). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "diversified banks" industry.

How does National Bank of Canada compare to Toronto-Dominion Bank?

Toronto-Dominion Bank (TSE:TD) and National Bank of Canada (TSE:NA) are both large-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, valuation, profitability, analyst recommendations, risk, dividends and earnings.

In the previous week, Toronto-Dominion Bank had 4 more articles in the media than National Bank of Canada. MarketBeat recorded 24 mentions for Toronto-Dominion Bank and 20 mentions for National Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.69 beat National Bank of Canada's score of 0.27 indicating that Toronto-Dominion Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
5 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Toronto-Dominion Bank pays out 50.0% of its earnings in the form of a dividend. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

32.9% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 36.2% of National Bank of Canada shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Comparatively, 0.2% of National Bank of Canada shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Toronto-Dominion Bank has higher revenue and earnings than National Bank of Canada. National Bank of Canada is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion BankC$63.78B4.37C$8.88BC$8.5219.79
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93

National Bank of Canada has a net margin of 14.92% compared to Toronto-Dominion Bank's net margin of 14.36%. National Bank of Canada's return on equity of 14.36% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank14.36% 12.83% 0.43%
National Bank of Canada 14.92%14.36%0.83%

Toronto-Dominion Bank has a beta of 0.875794, suggesting that its share price is 12% less volatile than the broader market. Comparatively, National Bank of Canada has a beta of 1.34951, suggesting that its share price is 35% more volatile than the broader market.

Toronto-Dominion Bank currently has a consensus price target of C$170.00, indicating a potential upside of 0.82%. National Bank of Canada has a consensus price target of C$216.33, indicating a potential upside of 1.16%. Given National Bank of Canada's higher probable upside, analysts plainly believe National Bank of Canada is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36

Summary

National Bank of Canada beats Toronto-Dominion Bank on 11 of the 19 factors compared between the two stocks.

How does National Bank of Canada compare to Bank of Montreal?

National Bank of Canada (TSE:NA) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability, media sentiment and analyst recommendations.

National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

National Bank of Canada has a beta of 1.34951, indicating that its stock price is 35% more volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, indicating that its stock price is 22% more volatile than the broader market.

36.2% of National Bank of Canada shares are owned by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are owned by institutional investors. 0.2% of National Bank of Canada shares are owned by company insiders. Comparatively, 0.0% of Bank of Montreal shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

National Bank of Canada has a net margin of 14.92% compared to Bank of Montreal's net margin of 11.75%. National Bank of Canada's return on equity of 14.36% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada14.92% 14.36% 0.83%
Bank of Montreal 11.75%10.58%0.50%

Bank of Montreal has higher revenue and earnings than National Bank of Canada. Bank of Montreal is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37

National Bank of Canada presently has a consensus price target of C$216.33, suggesting a potential upside of 1.16%. Bank of Montreal has a consensus price target of C$257.36, suggesting a potential upside of 7.58%. Given Bank of Montreal's stronger consensus rating and higher probable upside, analysts clearly believe Bank of Montreal is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46

In the previous week, Bank of Montreal had 25 more articles in the media than National Bank of Canada. MarketBeat recorded 45 mentions for Bank of Montreal and 20 mentions for National Bank of Canada. Bank of Montreal's average media sentiment score of 0.45 beat National Bank of Canada's score of 0.27 indicating that Bank of Montreal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

National Bank of Canada beats Bank of Montreal on 10 of the 19 factors compared between the two stocks.

How does National Bank of Canada compare to Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce (TSE:CM) and National Bank of Canada (TSE:NA) are both large-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, media sentiment, earnings, analyst recommendations, valuation and profitability.

Canadian Imperial Bank of Commerce pays an annual dividend of C$4.08 per share and has a dividend yield of 2.6%. National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Canadian Imperial Bank of Commerce pays out 40.5% of its earnings in the form of a dividend. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canadian Imperial Bank of Commerce is clearly the better dividend stock, given its higher yield and lower payout ratio.

30.1% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 36.2% of National Bank of Canada shares are owned by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are owned by company insiders. Comparatively, 0.2% of National Bank of Canada shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, National Bank of Canada had 4 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 20 mentions for National Bank of Canada and 16 mentions for Canadian Imperial Bank of Commerce. National Bank of Canada's average media sentiment score of 0.27 beat Canadian Imperial Bank of Commerce's score of 0.24 indicating that National Bank of Canada is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
2 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

Canadian Imperial Bank of Commerce has higher revenue and earnings than National Bank of Canada. Canadian Imperial Bank of Commerce is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Imperial Bank of CommerceC$31.06B4.68C$7.07BC$10.0815.78
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93

Canadian Imperial Bank of Commerce currently has a consensus price target of C$167.71, indicating a potential upside of 5.42%. National Bank of Canada has a consensus price target of C$216.33, indicating a potential upside of 1.16%. Given Canadian Imperial Bank of Commerce's stronger consensus rating and higher probable upside, research analysts plainly believe Canadian Imperial Bank of Commerce is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36

Canadian Imperial Bank of Commerce has a net margin of 16.13% compared to National Bank of Canada's net margin of 14.92%. Canadian Imperial Bank of Commerce's return on equity of 15.44% beat National Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce16.13% 15.44% 0.69%
National Bank of Canada 14.92%14.36%0.83%

Canadian Imperial Bank of Commerce has a beta of 1.395418, suggesting that its share price is 40% more volatile than the broader market. Comparatively, National Bank of Canada has a beta of 1.34951, suggesting that its share price is 35% more volatile than the broader market.

Summary

Canadian Imperial Bank of Commerce beats National Bank of Canada on 10 of the 19 factors compared between the two stocks.

How does National Bank of Canada compare to Bank of Nova Scotia?

National Bank of Canada (TSE:NA) and Bank of Nova Scotia (TSE:BNS) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

National Bank of Canada currently has a consensus target price of C$216.33, suggesting a potential upside of 1.16%. Bank of Nova Scotia has a consensus target price of C$128.86, suggesting a potential upside of 0.39%. Given National Bank of Canada's higher probable upside, equities analysts plainly believe National Bank of Canada is more favorable than Bank of Nova Scotia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Bank of Nova Scotia
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.50

National Bank of Canada has a net margin of 14.92% compared to Bank of Nova Scotia's net margin of 14.08%. National Bank of Canada's return on equity of 14.36% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada14.92% 14.36% 0.83%
Bank of Nova Scotia 14.08%11.41%0.55%

National Bank of Canada has a beta of 1.34951, meaning that its stock price is 35% more volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.295029, meaning that its stock price is 30% more volatile than the broader market.

National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Bank of Nova Scotia pays an annual dividend of C$4.40 per share and has a dividend yield of 3.4%. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Bank of Nova Scotia had 16 more articles in the media than National Bank of Canada. MarketBeat recorded 36 mentions for Bank of Nova Scotia and 20 mentions for National Bank of Canada. Bank of Nova Scotia's average media sentiment score of 0.81 beat National Bank of Canada's score of 0.27 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
Bank of Nova Scotia
8 Very Positive mention(s)
9 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

36.2% of National Bank of Canada shares are held by institutional investors. Comparatively, 27.2% of Bank of Nova Scotia shares are held by institutional investors. 0.2% of National Bank of Canada shares are held by insiders. Comparatively, 0.0% of Bank of Nova Scotia shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Bank of Nova Scotia has higher revenue and earnings than National Bank of Canada. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93
Bank of Nova ScotiaC$39.39B3.97C$7.73BC$7.2517.70

Summary

National Bank of Canada beats Bank of Nova Scotia on 11 of the 18 factors compared between the two stocks.

How does National Bank of Canada compare to Royal Bank of Canada?

National Bank of Canada (TSE:NA) and Royal Bank of Canada (TSE:RY) are both large-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, institutional ownership and profitability.

Royal Bank of Canada has higher revenue and earnings than National Bank of Canada. Royal Bank of Canada is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.48

National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

36.2% of National Bank of Canada shares are held by institutional investors. Comparatively, 30.7% of Royal Bank of Canada shares are held by institutional investors. 0.2% of National Bank of Canada shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

National Bank of Canada has a beta of 1.34951, meaning that its share price is 35% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.052381, meaning that its share price is 5% more volatile than the broader market.

National Bank of Canada currently has a consensus target price of C$216.33, indicating a potential upside of 1.16%. Royal Bank of Canada has a consensus target price of C$292.64, indicating a potential upside of 2.98%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts plainly believe Royal Bank of Canada is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Royal Bank of Canada has a net margin of 15.92% compared to National Bank of Canada's net margin of 14.92%. Royal Bank of Canada's return on equity of 16.11% beat National Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada14.92% 14.36% 0.83%
Royal Bank of Canada 15.92%16.11%0.80%

In the previous week, Royal Bank of Canada had 10 more articles in the media than National Bank of Canada. MarketBeat recorded 30 mentions for Royal Bank of Canada and 20 mentions for National Bank of Canada. National Bank of Canada's average media sentiment score of 0.27 beat Royal Bank of Canada's score of 0.14 indicating that National Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
Royal Bank of Canada
7 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Royal Bank of Canada beats National Bank of Canada on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NA vs. The Competition

MetricNational Bank of CanadaBanks IndustryFinance SectorTSE Exchange
Market CapC$82.37BC$23.55BC$14.05BC$12.56B
Dividend Yield2.37%3.19%5.89%6.23%
P/E Ratio18.9327.3826.7438.31
Price / Sales5.529.40514.6810.23
Price / Cash0.2016.0438.3282.29
Price / Book2.371.362.194.76
Net IncomeC$4.38BC$2.58BC$1.31BC$299.09M
7 Day Performance-2.05%-0.04%0.90%-0.56%
1 Month Performance-5.83%0.76%2.48%4.73%
1 Year Performance48.14%22.94%10.76%29.84%

National Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NA
National Bank of Canada
2.0906 of 5 stars
C$213.86
+0.4%
C$216.33
+1.2%
+48.1%C$82.37BC$14.92B18.9328,730
TD
Toronto-Dominion Bank
2.1901 of 5 stars
C$172.52
-0.1%
C$159.17
-7.7%
+63.5%C$285.16BC$63.78B20.2593,700
BMO
Bank of Montreal
3.6241 of 5 stars
C$257.05
-0.3%
C$239.75
-6.7%
+43.9%C$180.62BC$37.54B19.7446,700
CM
Canadian Imperial Bank of Commerce
2.5873 of 5 stars
C$171.36
-0.2%
C$160.95
-6.1%
+50.0%C$156.78BC$31.06B17.0048,552
BNS
Bank of Nova Scotia
2.1746 of 5 stars
C$126.70
-0.2%
C$117.00
-7.7%
+49.7%C$154.80BC$38.40B17.4891,000

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This page (TSE:NA) was last updated on 8/30/2026 by MarketBeat.com Staff.
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