National Bank of Canada (OTCMKTS:NTIOF) Stock Rating Lowered by Cormark

National Bank of Canada (OTCMKTS:NTIOF) was downgraded by stock analysts at Cormark from a “moderate buy” rating to a “hold” rating in a research note issued to investors on Friday,Zacks.com reports. Cormark also issued estimates for National Bank of Canada’s Q1 2025 earnings at $1.88 EPS, FY2025 earnings at $7.48 EPS and FY2026 earnings at $8.20 EPS.

Other equities analysts have also recently issued research reports about the stock. Barclays cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 21st. Cibc World Mkts cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday.

National Bank of Canada Price Performance

OTCMKTS:NTIOF opened at $87.37 on Friday. The stock has a market cap of $34.18 billion, a P/E ratio of 11.13 and a beta of 1.07. National Bank of Canada has a one year low of $76.15 and a one year high of $100.08. The company has a fifty day moving average price of $90.53 and a 200 day moving average price of $92.22. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.76 and a quick ratio of 0.76.

National Bank of Canada (OTCMKTS:NTIOF) last announced its quarterly earnings data on Wednesday, December 4th. The financial services provider reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.05. National Bank of Canada had a net margin of 24.65% and a return on equity of 17.21%. Analysts anticipate that National Bank of Canada will post 7.63 earnings per share for the current year.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.