- National Bank of Canada reported a higher-than-expected adjusted EPS of C$2.82, surpassing the estimate of C$2.63.
- The Common Equity Tier 1 ratio was slightly below expectations at 13.8%, compared to the estimate of 13.9%.
- Book value per share came in at C$78.39, just under the forecasted C$78.61.
- Return on equity matched expectations at 13.3%.
- Adjusted return on equity exceeded estimates at 14.6%, compared to the expected 13.8%.
- The bank achieved adjusted revenue of C$3.70 billion, higher than the projected C$3.45 billion.
- Adjusted net income was C$1.06 billion, outperforming the estimate of C$1.03 billion.
- The adjusted efficiency ratio was reported at 52.7%, slightly better than the expected 52.8%.
- Provision for credit losses stood at C$244 million, higher than the estimated C$215.5 million.
- Analyst ratings included 6 buys, 7 holds, and 3 sells.
National Bank of Canada on Smartkarma
Analysts on Smartkarma are bullish on National Bank of Canada, as highlighted in the recent report titled “Primer: National Bank of Canada (NA CN) – Sep 2025″ by Ξ±SK. The report emphasizes the bank’s strong financial performance driven by diversified operations across various segments like Personal and Commercial Banking, Wealth Management, and more. The acquisition of Canadian Western Bank is seen as a strategic move to enhance domestic presence and generate synergies. Additionally, National Bank of Canada‘s solid shareholder returns, capital position, and CET1 ratio above regulatory requirements indicate its resilience against economic uncertainties.
Despite its favorable market position as one of Canada’s important banks, analysts point out some regional concentration risks, especially in Quebec, and exposure to the Canadian housing market. The report provides valuable insights to investors regarding the bank’s performance, strategic initiatives, and potential risks to consider when evaluating National Bank of Canada for investment opportunities.
A look at National Bank of Canada Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for National Bank of Canada, the company is positioned well for the long term. With a strong value score of 4, National Bank of Canada is deemed to be offering good value for investors. Additionally, the company scores well in terms of momentum with a score of 4, indicating a positive trend that could continue in the future. These scores suggest that National Bank of Canada is in a good position to deliver solid returns to investors over the long run.
National Bank of Canada, a provider of various banking services and investment opportunities, has received decent scores across multiple factors such as dividend, growth, resilience, and momentum. With a diversified portfolio of services including retail, corporate, and investment banking, as well as wealth management and insurance, the bank is well-positioned to navigate various market conditions and deliver value to its investors in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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