National Bank of Canada (NTIOF) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

National Bank of Canada (OTCMKTS:NTIOF) released its quarterly earnings results on Wednesday. The financial services provider reported $1.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.15 by $0.03, MarketWatch Earnings reports. National Bank of Canada had a return on equity of 18.60% and a net margin of 20.48%.

Shares of NTIOF stock opened at $45.17 on Thursday. National Bank of Canada has a 1-year low of $44.59 and a 1-year high of $53.84. The firm has a market cap of $15.17 billion, a P/E ratio of 10.83 and a beta of 1.33. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06.

Several equities research analysts have recently commented on NTIOF shares. Zacks Investment Research cut National Bank of Canada from a “hold” rating to a “sell” rating in a research note on Tuesday, August 14th. ValuEngine lowered National Bank of Canada from a “hold” rating to a “sell” rating in a report on Friday, October 12th. Barclays reaffirmed a “hold” rating on shares of National Bank of Canada in a report on Friday, November 16th. Finally, Canaccord Genuity reaffirmed a “hold” rating on shares of National Bank of Canada in a report on Thursday, November 22nd.

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About National Bank of Canada

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 for National Bank of Canada (OTCMKTS:NTIOF)

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