What is Cormark’s Estimate for TSE:NA FY2025 Earnings?

National Bank of Canada (TSE:NA) – Investment analysts at Cormark increased their FY2025 earnings per share (EPS) estimates for National Bank of Canada in a report issued on Monday, November 25th. Cormark analyst L. Persaud now forecasts that the financial services provider will post earnings per share of $10.65 for the year, up from their prior forecast of $10.61. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $11.66 EPS.

National Bank of Canada (TSE:NA) last announced its quarterly earnings data on Wednesday, August 28th. The financial services provider reported C$2.68 earnings per share for the quarter, topping the consensus estimate of C$2.50 by C$0.18. The company had revenue of C$2.98 billion for the quarter, compared to analyst estimates of C$2.95 billion. National Bank of Canada had a return on equity of 15.18% and a net margin of 34.50%.

A number of other equities analysts have also recently issued reports on NA. Desjardins increased their price objective on shares of National Bank of Canada from C$116.00 to C$118.00 and gave the company a “hold” rating in a research note on Tuesday, August 6th. CIBC cut shares of National Bank of Canada from an “outperform” rating to a “neutral” rating in a research note on Friday, September 20th. Jefferies Financial Group upped their price objective on National Bank of Canada from C$119.00 to C$126.00 in a research note on Thursday, August 29th. Barclays downgraded National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st. Finally, TD Securities boosted their price target on National Bank of Canada from C$129.00 to C$140.00 in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$131.80.

National Bank of Canada Price Performance

Shares of NA stock opened at C$137.39 on Tuesday. National Bank of Canada has a one year low of C$87.92 and a one year high of C$138.79. The stock has a fifty day moving average price of C$130.91 and a 200 day moving average price of C$120.43. The stock has a market cap of C$46.76 billion, a P/E ratio of 13.38, a price-to-earnings-growth ratio of 7.14 and a beta of 1.12.

Insider Transactions at National Bank of Canada

In related news, Director Yvon Charest purchased 285 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of C$133.71 per share, with a total value of C$38,107.35. Company insiders own 0.21% of the company’s stock.

About National Bank of Canada

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.