National Bank of Canada (OTCMKTS:NTIOF) – National Bank Financial upped their Q1 2019 earnings estimates for National Bank of Canada in a research report issued on Wednesday, December 5th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $1.20 per share for the quarter, up from their prior forecast of $1.19. National Bank Financial also issued estimates for National Bank of Canada’s Q2 2019 earnings at $1.16 EPS.

A number of other analysts have also recently commented on the company. TD Securities reaffirmed a “hold” rating on shares of National Bank of Canada in a research note on Thursday. Barclays reaffirmed a “hold” rating on shares of National Bank of Canada in a research note on Thursday. Canaccord Genuity reaffirmed a “hold” rating on shares of National Bank of Canada in a research note on Thursday. Zacks Investment Research cut National Bank of Canada from a “hold” rating to a “sell” rating in a research note on Friday, November 9th. Finally, ValuEngine cut National Bank of Canada from a “hold” rating to a “sell” rating in a research note on Friday, October 12th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. National Bank of Canada presently has an average rating of “Hold” and a consensus target price of $52.00.

Shares of NTIOF stock opened at $43.58 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $15.17 billion, a PE ratio of 9.67 and a beta of 1.33. National Bank of Canada has a one year low of $42.96 and a one year high of $53.84.

National Bank of Canada (OTCMKTS:NTIOF) last announced its quarterly earnings results on Wednesday, December 5th. The financial services provider reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.03. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. National Bank of Canada had a return on equity of 18.58% and a net margin of 20.02%.

National Bank of Canada Company Profile

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

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