Q3 2018 Earnings Estimate for National Bank of Canada Issued By National Bank Financial (NTIOF)

National Bank of Canada (OTCMKTS:NTIOF) – Investment analysts at National Bank Financial increased their Q3 2018 EPS estimates for shares of National Bank of Canada in a report issued on Monday, August 13th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will earn $1.14 per share for the quarter, up from their previous forecast of $1.14. National Bank Financial also issued estimates for National Bank of Canada’s Q1 2019 earnings at $1.19 EPS.

National Bank of Canada (OTCMKTS:NTIOF) last released its quarterly earnings results on Wednesday, May 30th. The financial services provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.10 by $0.05. National Bank of Canada had a net margin of 20.94% and a return on equity of 18.59%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.34 billion.

Several other research firms also recently commented on NTIOF. Zacks Investment Research upgraded shares of National Bank of Canada from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. ValuEngine downgraded shares of National Bank of Canada from a “buy” rating to a “hold” rating in a research report on Monday, May 7th.

NTIOF stock opened at $49.77 on Thursday. National Bank of Canada has a 12 month low of $43.42 and a 12 month high of $53.84. The firm has a market capitalization of $16.57 billion, a P/E ratio of 11.93 and a beta of 1.32.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 1st. Shareholders of record on Tuesday, June 26th were given a dividend of $0.483 per share. The ex-dividend date of this dividend was Monday, June 25th. This represents a $1.93 dividend on an annualized basis and a yield of 3.88%. National Bank of Canada’s payout ratio is currently 45.80%.

National Bank of Canada Company Profile

National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International segments.

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

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