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1 Comment
National Bank of Canada is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.
From a valuation standpoint, the stock is 91.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.6.
National Bank of Canada's total revenue rose by 4.3% to $2B since the same quarter in the previous year.
Its net income has dropped by 17.5% to $490M since the same quarter in the previous year.
Finally, its free cash flow grew by 26.1% to $-7B since the same quarter in the previous year.
Based on the above factors, National Bank of Canada gets an overall score of 4/5.
ISIN | CA6330671034 |
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Industry | Banks-Diversified |
Sector | Financial Services |
CurrencyCode | EUR |
Exchange | F |
Market Cap | 22B |
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Beta | 1.1 |
Dividend Yield | 4.0% |
Target Price | None |
PE Ratio | 10.31 |
National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients 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 comprise credit, and deposit and investment solutions, as well as international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services. The Wealth Management segment comprises investment solutions, trust services, banking services, lending services, and other wealth management solutions. 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; financial products and services to individuals and businesses in Cambodia; and investment solutions, guaranteed investment certificates, mutual funds, notes, structured products, and monetization. National Bank of Canada was founded in 1859 and is based in Montreal, Canada.
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