Cormark Has Strong Outlook for OTCMKTS:NTIOF FY2025 Earnings

National Bank of Canada (OTCMKTS:NTIOF) – Equities research analysts at Cormark increased their FY2025 earnings per share (EPS) estimates for National Bank of Canada in a research report issued to clients and investors on Tuesday, May 20th. Cormark analyst L. Persaud now forecasts that the financial services provider will earn $7.43 per share for the year, up from their prior forecast of $7.41. Cormark currently 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.

Several other research analysts have also commented on NTIOF. Cibc World Mkts lowered National Bank of Canada from a “hold” rating to a “strong sell” rating in a report on Friday, April 4th. National Bankshares lowered National Bank of Canada from a “speculative buy” rating to an “underperform” rating in a research report on Friday, April 4th. CIBC reiterated an “outperform” rating on shares of National Bank of Canada in a research report on Tuesday. Finally, Scotiabank upgraded National Bank of Canada to a “strong-buy” rating in a research report on Thursday, May 15th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

National Bank of Canada Stock Up 1.3%

OTCMKTS NTIOF opened at $94.05 on Friday. National Bank of Canada has a 52 week low of $74.21 and a 52 week high of $100.08. 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 business’s fifty day simple moving average is $85.48 and its 200-day simple moving average is $88.95. The firm has a market cap of $36.80 billion, a PE ratio of 11.98 and a beta of 1.00.

National Bank of Canada Cuts Dividend

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

National Bank of Canada Company Profile

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.