Key Points
- Director Yvon Charest purchased 191 shares of National Bank of Canada at C$233.21 per share, investing C$44,543.11 and increasing his direct ownership by 0.91% to 21,193 shares.
- National Bank reported quarterly EPS of C$3.23 on C$3.91 billion in revenue, with a 13.77% return on equity and 16.87% net margin. The bank also raised its quarterly dividend to $1.32 per share, implying a 2.4% yield.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and a C$208.54 price target, below the stock’s reported opening price of C$222.05.
National Bank of Canada (TSE:NA - Get Free Report) Director Yvon Charest bought 191 shares of National Bank of Canada stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of C$233.21 per share, for a total transaction of C$44,543.11. Following the completion of the acquisition, the director directly owned 21,193 shares in the company, valued at C$4,942,419.53. This represents a 0.91% increase in their ownership of the stock.
National Bank of Canada Stock Performance
Shares of NA opened at C$222.05 on Thursday. The stock has a fifty day moving average price of C$225.17 and a two-hundred day moving average price of C$203.07. The company has a market cap of C$85.52 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 52-week low of C$141.46 and a 52-week high of C$237.13.
National Bank of Canada (TSE:NA - Get Free Report) last announced its earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%.The company had revenue of C$3.91 billion during the quarter. As a group, research analysts predict that National Bank of Canada will post 10.8360791 EPS for the current fiscal year.
National Bank of Canada Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were paid a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 2.4%. This is an increase from National Bank of Canada's previous quarterly dividend of $1.24. The ex-dividend date of this dividend was Monday, June 29th. National Bank of Canada's payout ratio is currently 42.83%.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Raymond James Financial increased their price objective on National Bank of Canada from C$203.00 to C$226.50 and gave the company a "market perform" rating in a research report on Wednesday, August 12th. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Desjardins downgraded shares of National Bank of Canada from a "buy" rating to a "hold" rating and boosted their price target for the stock from C$217.00 to C$238.00 in a research note on Wednesday, August 5th. Canaccord Genuity Group upped their target price on shares of National Bank of Canada from C$205.00 to C$224.00 and gave the company a "hold" rating in a research report on Tuesday, July 7th. Finally, Jefferies Financial Group increased their target price on National Bank of Canada from C$196.00 to C$208.00 and gave the company a "hold" rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, National Bank of Canada currently has a consensus rating of "Hold" and a consensus price target of C$208.54.
Read Our Latest Research Report on NA
About National Bank of Canada
(
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With $618 billion in assets as at April 30, 2026, National Bank of Canada (the 'Bank') is one of Canada's six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).
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