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National Bank of Canada (OTC:NTIOF) Stock, Option Chain

NATIONAL BANK OF CDA

National Bank of Canada

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

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U.S. Rep. Trey Hollingsworth (R-IN) has made more than 90 trades in the last three years.

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Desjardins Trims National Bank Of Canada Price Target By 1%

NATL BK OF CANADA by National Bank of Canada

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported quarterly earnings of C$2.68 per share which beat the analyst consensus estimate of C$2.49 by 7.63 percent. This is a 22.94 percent increase over earnings of C$2.18 per share from the same period last year. The company reported quarterly sales of C$2.996 billion which beat the analyst consensus estimate of C$2.865 billion by 4.55 percent. This is a 20.32 percent increase over sales of C$2.490 billion the same period last year.

Earnings

CORRECTION: National Bank of Canada Q3 2024 Adj. EPS C$2.68 Beats C$2.49 Estimate, Sales C$2.996B Beat C$2.865B Estimate

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported quarterly earnings of C$2.54 per share which beat the analyst consensus estimate of C$2.45 by 3.67 percent. This is a 8.55 percent increase over earnings of C$2.34 per share from the same period last year. The company reported quarterly sales of C$2.750 billion which missed the analyst consensus estimate of C$2.791 billion by 1.47 percent. This is a 12.43 percent increase over sales of C$2.446 billion the same period last year.

Earnings Beats

Earnings Misses

National Bank of Canada Q2 2024 Adj EPS C$2.54 Beats C$2.45 Estimate, Sales C$2.750B Miss C$2.791B Estimate

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
National Bank of Canada beat estimated earnings by 9.0%, reporting an EPS of $1.9 versus an estimate of $1.75.
Revenue was up $75.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.03 which was followed by a 6.0% increase in the share price the next day.
Here's a look at National Bank of Canada's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.66</td>
<td>1.75</td>
<td>1.78</td>
<td>1.75</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.69</td>
<td>1.66</td>
<td>1.76</td>
<td>1.90</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.94B</td>
<td>1.94B</td>
<td>1.95B</td>
<td>1.91B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.93B</td>
<td>1.88B</td>
<td>1.83B</td>
<td>1.92B</td>
</tr>
</tbody>
</table>

To track all earnings releases for National Bank of Canada <a href="https://www.benzinga.com/quote/NTIOF/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: National Bank of Canada Q1 Earnings

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported its Q4 earnings results on Friday, December 1, 2023 at 06:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
National Bank of Canada beat estimated earnings by 1.81%, reporting an EPS of $1.69 versus an estimate of $1.66.
Revenue was up $179.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.09 which was followed by a 2.43% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.75</td>
<td>1.78</td>
<td>1.75</td>
<td>1.65</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.66</td>
<td>1.76</td>
<td>1.90</td>
<td>1.56</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.94B</td>
<td>1.95B</td>
<td>1.91B</td>
<td>1.86B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.88B</td>
<td>1.83B</td>
<td>1.92B</td>
<td>1.75B</td>
</tr>
</tbody>
</table>

To track all earnings releases for National Bank of Canada <a href="https://www.benzinga.com/quote/NTIOF/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

National Bank of Canada: Q4 Earnings Insights

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Friday, 2023-12-01. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.66. 
National Bank of Canada bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.09, which was followed by a 2.43% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.75</td>
<td>1.78</td>
<td>1.75</td>
<td>1.65</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.66</td>
<td>1.76</td>
<td>1.90</td>
<td>1.56</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.43%</td>
<td>-1.78%</td>
<td>-0.54%</td>
<td>0.06%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1701352813_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $65.8 as of September 22. Over the last 52-week period, shares are down 7.71%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For National Bank of Canada

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-08-30. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.75. 
National Bank of Canada bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.02, which was followed by a 1.78% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.78</td>
<td>1.75</td>
<td>1.65</td>
<td>2.34</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.76</td>
<td>1.90</td>
<td>1.56</td>
<td>1.83</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.78%</td>
<td>-0.54%</td>
<td>0.06%</td>
<td>0.02%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1693317658_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $72.86 as of August 25. Over the last 52-week period, shares are up 9.64%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For National Bank of Canada

TD Securities analyst Mario Mendonca maintains National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) with a Hold and raises the price target from C$100 to C$105.

TD Securities Maintains Hold on National Bank of Canada, Raises Price Target to $105

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported its Q2 earnings results on Wednesday, May 31, 2023 at 06:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
National Bank of Canada missed estimated earnings by 1.12%, reporting an EPS of $1.76 versus an estimate of $1.78.
Revenue was down $94.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.15 which was followed by a 0.54% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.75</td>
<td>1.65</td>
<td>2.34</td>
<td>1.75</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.90</td>
<td>1.56</td>
<td>1.83</td>
<td>2.01</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.91B</td>
<td>1.86B</td>
<td>1.90B</td>
<td>1.85B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.92B</td>
<td>1.75B</td>
<td>1.88B</td>
<td>1.93B</td>
</tr>
</tbody>
</table>

To track all earnings releases for National Bank of Canada <a href="https://www.benzinga.com/quote/NTIOF/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

National Bank of Canada: Q2 Earnings Insights

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-05-31. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.75. 
National Bank of Canada bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.15, which was followed by a 0.54% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.75</td>
<td>1.65</td>
<td>2.34</td>
<td>1.75</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.90</td>
<td>1.56</td>
<td>1.83</td>
<td>2.01</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.54%</td>
<td>0.06%</td>
<td>0.02%</td>
<td>3.15%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1685455267_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $73.025 as of May 29. Over the last 52-week period, shares are down 4.02%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-03-01. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.74. 
National Bank of Canada bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.09, which was followed by a 0.06% increase in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.65</td>
<td>2.34</td>
<td>1.75</td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.56</td>
<td>1.83</td>
<td>2.01</td>
<td>2.1</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.06%</td>
<td>0.02%</td>
<td>3.15%</td>
<td>2.79%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1677610860_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $73.5 as of February 27. Over the last 52-week period, shares are down 8.0%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2022-11-30. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.65. 
National Bank of Canada bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.51, which was followed by a 0.02% increase in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
<th>Q4 2021</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.34</td>
<td>1.75</td>
<td></td>
<td>1.77</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.83</td>
<td>2.01</td>
<td>2.1</td>
<td>1.76</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.02%</td>
<td>3.15%</td>
<td>2.79%</td>
<td>0.43%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $71.9 as of November 25. Over the last 52-week period, shares are down 3.85%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

U.S.&nbsp;Rep.&nbsp;Trey Hollingsworth (R-IN) has made more than&nbsp;90 trades in the last three years.
Since 2017, Hollingsworth has been a representative for Indiana&#39;s 9th Congressional District. During that time, he has been a member of the House Financial Services Committee,&nbsp;which oversees many issues including banking, consumer credit and monetary policy, international finance, insurance, public and private housing, securities and exchanges&nbsp;<a href="https://www.benzinga.com/topic/housing">and urban development</a><a href="https://www.benzinga.com/news/22/10/29470201/wheres-nancy-heres-what-we-know-about-paul-pelosis-alleged-attacker-david-depape">.</a>
During the third quarter, Hollingsworth bought more than&nbsp;1 million shares of stocks, primarily&nbsp;financial stocks, according to Capitol Trades.
Hollingsworth&#39;s top-traded stocks tend to be Owl Rock Capital Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/orcc#NYSE">ORCC</a>) and JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>), both of which are finance stocks. It appeared&nbsp;Hollingsworth had&nbsp;been buying large chunks of Owl Rock Capital since May 11, most commonly ranging from between $50,000 to $100,000 in shares, with&nbsp;his biggest purchase between $250,000 to $500,000&nbsp;in shares, ending on June 16.
See Also:&nbsp;<a href="https://www.benzinga.com/news/large-cap/22/10/29465748/this-congresswoman-is-selling-energy-stocks-but-purchased-these-2-dividend-paying-retailers">This Congresswoman Is Selling Energy Stocks But Purchased These 2 Dividend Paying Retailers</a>
National Bank of Canada (OTCPK: NTIOF) is offering a dividend yield of 5.62% or $2.71 per share annually, utilizing quarterly payments, with a frequent track record of increasing its dividends for six consecutive years.
National Bank of Canada offers integrated financial services, commercial banking, wealth management&nbsp;and a financial markets group, primarily in the province of Quebec and the city of Toronto.
The National Bank of Canada is the sixth-largest Canadian bank,&nbsp;reporting&nbsp;a third-quarter net income of $826 million, down 2% from $839 million in the third quarter of 2021. This can be attributed to strong performance in the business segments&nbsp;partially offset by higher provisions for credit losses recorded to reflect a less favorable macroeconomic outlook in the third quarter of 2022.
In an undisclosed filing made on Sept. 1, Hollingsworth purchased in the&nbsp;range of $500,000 to $1 million National Bank of Canada shares for $65.95 per share, reported&nbsp;<a href="https://www.capitoltrades.com/articles/congressman-trey-hollingsworth-bought-nearly-1-million-worth-of-this-bank-stock-2022-09-16">Capitol Trades.</a>
JPMorgan Chase&nbsp;is offering a dividend yield of 3.16% or $4&nbsp;per share annually&nbsp;through quarterly payments, with a strong track record of increasing its dividends for eight consecutive years.
JPMorgan Chase is one of the largest financial institutions in the U.S., with nearly $4 trillion in assets.
JPMorgan has more than&nbsp;4,700 branches and over 16,000 ATMs with a global presence beyond&nbsp;60 countries. JPMorgan reported third-quarter revenues of $33.5 billion, up 4.37% from the consensus estimates and reported earnings per share of $3.12.
In an undisclosed filing on&nbsp;Oct. 4,&nbsp;Hollingsworth purchased in the&nbsp;range of&nbsp;$500,000 to $1 million JPMorgan shares&nbsp;for an undisclosed price, as reported by Capitol Trades.
Congressional Trading:&nbsp;Sen.&nbsp;Elizabeth Warren and Sen. Steve Daines want to&nbsp;ban members of Congress and their spouses from <a href="https://www.benzinga.com/topic/elizabeth-warren">owning or trading stocks</a>.
Photo:&nbsp;<a href="https://www.shutterstock.com/g/FrensysR">photoeu</a>&nbsp;via Shutterstock.

<ul>
<li>HSBC Holdings plc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hsbc#NYSE">HSBC</a>) is considering selling its business in Canada without disclosing the potential valuation of the business. It has tapped&nbsp;JP Morgan Chase &amp; Co&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) to handle a potential sale.</li>
<li>As per the lawyers and analysts, the potential sale could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition, Reuters&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/business/finance/british-lender-hsbc-considers-canada-unit-sale-antitrust-issues-loom-2022-10-05/" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">reported</a>.</li>
<li>Canada is one of the world&#39;s most concentrated markets. According to Reuters calculations, the top six banks control about 80% of total assets, about double the saturation of the U.S., where the top five banks control 40%.</li>
<li>Related:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/fintech/22/08/28450765/hsbcs-largest-shareholder-says-business-spinoff-to-boost-market-values-report" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">HSBC&#39;s Largest Shareholder Stresses On Asia Business Spinoff To Boost Market Values</a>.</li>
<li>Due to high saturation, Canadian banks are expanding overseas to reduce their exposure, and the Competition Bureau Canada was granted more powers to prevent further concentration.</li>
<li>Sale to a Chinese bank would not have antitrust problems but could be entangled in national security concerns.</li>
<li>Analysts estimate HSBC&#39;s Canadian unit could be valued at around $5.9-$7.4 billion.</li>
<li>Analysts said smaller lenders, such as the&nbsp;National Bank of Canada&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ntiof#OTC">NTIOF</a>) and some Chinese suitors, are likely to show interest.</li>
<li>The report cited Keefe, Bruyette &amp; Woods&#39; research note that HSBC&#39;s footprint in western Canada could give an instant diversification to Montreal-based National Bank.</li>
<li>Price Action:&nbsp;HSBC shares are down 0.63% at $26.84 during the premarket session on the last check Thursday.</li>
<li>Photo Via Company</li>
</ul>

&nbsp;
National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) reported its Q3 earnings results on Wednesday, August 24, 2022 at 06:30 AM.
Here&#39;s what investors need to know about the announcement.
<h3>Earnings</h3>
National Bank of Canada missed estimated earnings by 21.79%, reporting an EPS of $1.83 versus an estimate of $2.34.
Revenue was up $41.00 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.26 which was followed by a 3.15% increase in the share price the next day.
&nbsp;
To track all earnings releases for National Bank of Canada <a href="https://www.benzinga.com/quote/NTIOF/earnings">visit their earnings calendar here.</a>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

National Bank of Canada: Q3 Earnings Insights

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2022-08-24. Here&#39;s what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $2.34.
National Bank of Canada bulls will hope to hear the company to announce they&#39;ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.26, which was followed by a 0.0% drop in the share price the next day.
Here&#39;s a look at National Bank of Canada&#39;s past performance and the resulting price change:
&nbsp;
<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
<th>Q4 2021</th>
<th>Q3 2021</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.75</td>
<td>&nbsp;</td>
<td>1.77</td>
<td>1.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.01</td>
<td>2.1</td>
<td>1.76</td>
<td>1.92</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.15%</td>
<td>2.79%</td>
<td>0.43%</td>
<td>-0.48%</td>
</tr>
</tbody>
</table>
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $71.285 as of August 22. Over the last 52-week period, shares are down 8.69%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

Preview: National Bank of Canada's Earnings

Desjardins&nbsp;analyst Doug Young<a class="editor-rtfLink" href="https://www.benzinga.com/quote/NTIOF" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;lowered the price target&nbsp;</a>for&nbsp;National Bank of Canada&nbsp;(TSX: NA) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ntiof#OTC">NTIOF</a>) to C$103 from C$104 while maintaining the Hold ratings on the shares.
The analyst states that NA&rsquo;s 2Q FY22 results had a positive impact, as Adjusted pre-tax and pre-provision (PTPP) earnings were 7% above estimate.
Related:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/earnings/22/05/27440808/national-bank-of-canada-clocks-9-revenue-growth-increases-dividend" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">National Bank Of Canada Clocks 9% Revenue Growth In Q2, Increases Dividend</a>
Young mentions that while the capital markets division was a big contributor to the beat, this division has a good track record. Capital markets PTPP earnings were 19% above estimate and increased 5% year-over-year.
The analyst believes management seems to be taking a more conservative stance with Credigy, which could weigh on growth in 2H FY22.
Price Action:&nbsp;NA shares are trading higher by 0.13% at C$97.07 on TSX, and NTIOF is higher by 0.15% at $76.64 on the last check Tuesday.
Photo Via Wikimedia Commons

National Bank of Canada&nbsp;(TSX: NA) (OTC:&nbsp;NTIOF) reported a<a class="editor-rtfLink" href="https://www.nbc.ca/en/about-us/investors/investor-relations/quarterly-results.html" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;second-quarter net income of C$893 million compared to C$801 million</a>&nbsp;in 2Q21. EPS improved by 13% year-over-year to C$2.55.
The growth was driven by year-over-year increases in total revenues across all business segments.
Adjusted revenue increased by 9% Y/Y to C$2.49 billion.
Net interest income totaled C$1.31 billion (+14% Y/Y), and non-interest income totaled C$1.13 billion (+4% Y/Y).
Return on common shareholders&#39; equity (ROE) was 20.6% compared to 22% a year ago.
Non-interest expenses increased 8% Y/Y to C$1.29 billion.
Personal and Commercial net income increased to C$313 million (+2.6% Y/Y), and revenue increased 9% Y/Y to C$962 million.
Wealth Management&#39;s net income increased by 3% Y/Y to C$169 million, and revenue increased 7% Y/Y to C$579 million.
Financial Markets net income increased 17% Y/Y to C$289 million, and revenue was C$632 million (+8% Y/Y).
U.S. Specialty Finance and International net income were C$152 million (+18% Y/Y), and revenue amounted to C$285 million (+20% Y/Y).&nbsp;
As at April 30, 2022, the Common Equity Tier 1 capital ratio under Basel III stood at 12.9%, up from 12.4% as at October 31, 2021; and the Basel III leverage ratio was 4.4%, unchanged from October 31, 2021.
Dividend: Board increased the dividend by 6% per common share to C$0.92 per common share for the quarter ending July 31, 2022. This dividend is payable on August 1, 2022, to common shareholders of record on June 27, 2022.
Price Action:&nbsp;NA shares are trading higher by 2.85% at C$97.58 on TSX and NTIOF higher by 3.25% at $76.60 on the last check Friday.
Photo Via Company

National Bank Of Canada Clocks 9% Revenue Growth In Q2, Increases Dividend

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Friday, 2022-05-27. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will report an earnings per share (EPS) of $1.75. 
National Bank of Canada bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2022</th>
<th>Q4 2021</th>
<th>Q3 2021</th>
<th>Q2 2021</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td></td>
<td>1.77</td>
<td>1.11</td>
<td>1.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.1</td>
<td>1.76</td>
<td>1.92</td>
<td>1.79</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.79%</td>
<td>0.43%</td>
<td>-0.48%</td>
<td>-2.71%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $73.84 as of May 24. Over the last 52-week period, shares are down 5.3%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIOF/earnings">To track all earnings releases for National Bank of Canada visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Fintech MX Technologies has named Shane Evans as interim CEO as the company looks to <a href="https://www.cnbc.com/2022/01/11/fintech-start-up-mx-names-new-ceo-as-firm-prepares-for-sale-or-ipo.html">prepare for an IPO or sale</a>.
What Happened: MX helps institutions like Ally Financial Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ally#NYSE">ALLY</a>), Banco Bilbao Vizcaya Argentaria SA (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bbva#NYSE">BBVA</a>), and the National Bank of Canada (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ntiof#OTC">NTIOF</a>), among smaller fintechs, create unique digital banking solutions, as well as provide customer-centric client services and marketing.
Evans, who succeeds founder Ryan Caldwell, is looking to position MX so that it best innovates and protects end consumers.
Caldwell will transition to executive chair and advise the executive team and board of directors.
&quot;As President, Shane has worked extensively with the board and executive team to increase revenue, scale the business, and position MX as the leading financial data platform for organizations everywhere,&rdquo; said Ryan Caldwell, founder of MX. &ldquo;I am confident that Shane is the right person to lead MX through this next phase of growth and category leadership.&rdquo;
Why It Matters: Evans, who was promoted to the company&rsquo;s president in 2021 after joining in 2019 as chief revenue officer, has helped establish MX as a market leader, scale sales and go-to-market teams, and more than double revenue.
&quot;I am grateful for the opportunity to help lead MX through our next phase of growth, as we accelerate the business and help organizations unlock the power of financial data,&quot; Evans said.
&quot;The MX Founders - Ryan Caldwell and Brandon Dewitt - have built an incredible culture and team, despite unprecedented health challenges for themselves and their families. We are grateful for Ryan Caldwell&#39;s continued strategic leadership moving forward as Executive Chair and stand committed to honoring their vision and legacy as we continue to build MX.&quot;

Management

ALLY

BBVA

MX Technologies Names Interim CEO Ahead Of Potential Sale, IPO

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) is set to give its latest quarterly earnings report on Wednesday, 2021-12-01. Here's what investors need to know before the announcement.
Analysts estimate that National Bank of Canada will likely report an Earnings Per Share (EPS) of $1.76. 
National Bank of Canada bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.81, which was followed by a 0.48% drop in the share price the next day.
Here's a look at National Bank of Canada's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2021</th>
<th>Q2 2021</th>
<th>Q1 2021</th>
<th>Q4 2020</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.11</td>
<td>1.11</td>
<td>1.11</td>
<td>1.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.92</td>
<td>1.79</td>
<td>1.65</td>
<td>1.28</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.48%</td>
<td>-2.71%</td>
<td>0.76%</td>
<td>0.61%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2021/1638284584_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of National Bank of Canada were trading at $79.8451 as of November 29. Over the last 52-week period, shares are up 41.53%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
To track all upcoming earnings announcements, click <a href="https://www.benzinga.com/calendars/earnings">here</a> to use Benzinga Earnings Calendar.

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