National Bank of Canada (TSE:NA – Free Report) had its price objective increased by Jefferies Financial Group from C$208.00 to C$212.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports.
Several other equities analysts also recently issued reports on the stock. Raymond James Financial decreased their price objective on shares of National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating on the stock in a report on Thursday. Desjardins cut their target price on shares of National Bank of Canada from C$238.00 to C$230.00 and set a “hold” rating for the company in a research note on Thursday. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Barclays lifted their price objective on National Bank of Canada from C$188.00 to C$220.00 in a report on Friday, August 21st. Finally, Scotiabank boosted their price objective on National Bank of Canada from C$241.00 to C$243.00 and gave the stock a “sector outperform” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, National Bank of Canada presently has a consensus rating of “Hold” and a consensus price target of C$216.33.
Check Out Our Latest Stock Report on National Bank of Canada
National Bank of Canada Price Performance
National Bank of Canada (TSE:NA – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. The company had revenue of C$3.91 billion during the quarter. National Bank of Canada had a net margin of 14.92% and a return on equity of 14.36%. On average, sell-side analysts expect that National Bank of Canada will post 10.8360791 earnings per share for the current year.
National Bank of Canada Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were issued a dividend of $1.32 per share. The ex-dividend date was Monday, June 29th. This represents a $5.28 annualized dividend and a dividend yield of 2.5%. This is a boost from National Bank of Canada’s previous quarterly dividend of $1.24. National Bank of Canada’s payout ratio is presently 42.83%.
Insider Buying and Selling at National Bank of Canada
In other news, Director Yvon Charest acquired 191 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the completion of the acquisition, the director owned 21,193 shares of the company’s stock, valued at C$4,942,419.53. This trade represents a 0.91% increase in their position. Insiders own 0.21% of the company’s stock.
National Bank of Canada News Summary
Here are the key news stories impacting National Bank of Canada this week:
- Positive Sentiment: National Bank said mortgage growth has reached a record pace, with the bank leaning more heavily on the broker channel to capture demand. Stronger mortgage volumes could support loan growth and interest income. National Bank leans on broker channel as mortgage growth hits record pace
- Positive Sentiment: Scotiabank raised its price target to C$243 from C$241 and maintained a “sector outperform” rating. RBC also increased its target to C$224 from C$214, although it retained a “sector perform” rating. These revisions indicate that some analysts see additional upside for NA. Analyst ratings
- Neutral Sentiment: Management warned that tariffs will make business more difficult, highlighting risks to economic activity and corporate customers. However, the CEO remains encouraged by a potential “silver lining,” which could help temper concerns about the effect on the bank’s outlook. National Bank CEO discusses tariffs and the company outlook
- Neutral Sentiment: Analyst views were mixed: Desjardins cut its target to C$230 from C$238, TD reduced its target to C$226 from C$227, and Raymond James lowered its target to C$223 from C$226.50, all maintaining hold or market perform ratings. Jefferies raised its target modestly to C$212 from C$208, but its new target implies little upside. Analyst ratings
National Bank of Canada Company Profile
With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).
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