Cormark Has Strong Outlook for OTCMKTS:NTIOF FY2025 Earnings

Published 14 hours ago• 3 minute read

– Free Report) – Analysts at Cormark raised their FY2025 earnings per share estimates for National Bank of Canada in a research report issued on Tuesday, May 20th. Cormark analyst L. Persaud now expects that the financial services provider will earn $7.43 per share for the year, up from their prior forecast of $7.41. Cormark has a “Hold” rating on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $7.63 per share. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $8.18 EPS.

A number of other research analysts have also recently commented on NTIOF. Scotiabank upgraded National Bank of Canada to a “strong-buy” rating in a research note on Thursday, May 15th. National Bankshares cut National Bank of Canada from a “speculative buy” rating to an “underperform” rating in a research note on Friday, April 4th. CIBC restated an “outperform” rating on shares of National Bank of Canada in a research note on Tuesday. Finally, Cibc World Mkts cut National Bank of Canada from a “hold” rating to a “strong sell” rating in a research note 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on NTIOF

OTCMKTS:NTIOF opened at $94.05 on Friday. 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 stock’s fifty day moving average is $85.48 and its two-hundred day moving average is $88.95. National Bank of Canada has a 52 week low of $74.21 and a 52 week high of $100.08. The stock has a market capitalization of $36.80 billion, a price-to-earnings ratio of 11.98 and a beta of 1.00.

The business also recently disclosed a dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 1st were paid a $0.7975 dividend. This represents a dividend yield of 3.86%. The ex-dividend date of this dividend was Monday, March 31st. National Bank of Canada’s payout ratio is currently 40.05%.

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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.

Earnings History and Estimates for National Bank of Canada (OTCMKTS:NTIOF)

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