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

National Bank of Canada

NATIONAL BANK OF CDA

National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank is concentrated in the province of Quebec, with additional operations in the rest of Canada and United States. National Bank of Canada also owns ABA Bank, one the largest commercial banks in Cambodia.

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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>) announced its Q4 earnings on Wednesday, December 4, 2024 at 06:30 AM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
National Bank of Canada beat estimated earnings by 3.0%, reporting an EPS of $1.89 versus an estimate of $1.83.
Revenue was up $224.00 million from the same period last year.
<h3>Earnings History Overview</h3>
In the previous quarter, the company beat on EPS by $0.13, resulting in a 1.0% drop change in the share price the following day.
Here's a look at National Bank of Canada's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.83</td>
<td>1.79</td>
<td>1.75</td>
<td>1.66</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.96</td>
<td>1.87</td>
<td>1.90</td>
<td>1.69</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>2.08B</td>
<td>2.02B</td>
<td>2.01B</td>
<td>1.94B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>2.19B</td>
<td>2.03B</td>
<td>1.99B</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.

Earnings

National Bank of Canada Earnings Review: Q4 Summary

On December 3, 2024, the Board of Directors declared regular dividends on the various series of first preferred shares and a dividend of $1.14 per common share, up 4 cents or 4%, payable on February 1, 2025 to shareholders of record on December 30, 2024.&nbsp;

National Bank of Canada Raised Quarterly Dividend By 4% To C$1.14/Share

Earnings Beats

National Bank of Canada Q4 2024 Adj. EPS C$2.58 Beats C$2.57 Estimate, Sales C$2.944B Beat C$2.942B Estimate

National Bank of Canada (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTIOF#OTC">NTIOF</a>) will release its quarterly earnings report on Wednesday, 2024-12-04. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate National Bank of Canada to report an earnings per share (EPS) of $1.81.
The market awaits National Bank of Canada's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.13, which was followed by a 0.52% 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 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.83</td>
<td>1.79</td>
<td>1.75</td>
<td>1.66</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.96</td>
<td>1.87</td>
<td>1.90</td>
<td>1.69</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.0%</td>
<td>-0.0%</td>
<td>-0.0%</td>
<td>6.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1733234463_0.png" alt="eps graph" />
<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

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.

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 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.

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

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