National Bank of Canada (NTIOF) to Post Q4 2018 Earnings of $1.17 Per Share, National Bank Financial Forecasts

National Bank of Canada (OTCMKTS:NTIOF) – National Bank Financial issued their Q4 2018 EPS estimates for shares of National Bank of Canada in a report released on Monday. National Bank Financial analyst G. Dechaine anticipates that the financial services provider will post earnings per share of $1.17 for the quarter.

National Bank of Canada (OTCMKTS:NTIOF) last announced its quarterly earnings data on Friday, December 1st. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.05. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. National Bank of Canada had a net margin of 21.63% and a return on equity of 18.23%.

A number of other equities research analysts also recently issued reports on NTIOF. Zacks Investment Research downgraded shares of National Bank of Canada from a “buy” rating to a “hold” rating in a research note on Saturday, January 20th. ValuEngine downgraded shares of National Bank of Canada from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Finally, Barclays downgraded shares of National Bank of Canada from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, December 19th.

Shares of National Bank of Canada (OTCMKTS NTIOF) traded up $0.39 during trading on Thursday, reaching $50.24. 2,988 shares of the company’s stock were exchanged, compared to its average volume of 11,865. The firm has a market capitalization of $17,038.45, a P/E ratio of 12.22 and a beta of 1.33. National Bank of Canada has a 12-month low of $37.82 and a 12-month high of $53.84.

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National Bank of Canada Company Profile

National Bank of Canada (the Bank) is an integrated group, which provides financial services to consumers, small- and medium-sized enterprises (SMEs) and large corporations in its domestic market and also offers specialized services internationally. The Bank’s segments are Personal and Commercial, which includes the banking, financing and investing services offered to individuals and businesses, as well as insurance operations; Wealth Management, which consists of investment solutions, trust services, banking services, lending services and other wealth management solutions offered through internal and third-party distribution networks; Financial Markets, which includes banking services, investment banking services and financial solutions for institutional clients, and Other, which includes treasury operations, including the Bank’s asset and liability management, liquidity management and funding operations; certain non-recurring items, and the unallocated portion of corporate units.

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

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