About National Bank of Canada (NA)
National Bank of Canada is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Montreal, Canada. NA has been publicly traded since 1995, giving it 31+ years of trading history.
National Bank of Canada (NA) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Banks - Diversified industry within the Financial Services sector. The company is headquartered in Montreal, Canada and employs approximately 33,527 people. With a market capitalization of C$70 billion, NA is a large established company.
NA trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$70 billion. The company employs approximately 33,527 people worldwide.
Key Statistics
- Current Price
- C$180.57
- Market Cap
- C$70.48B
- 52-Week High
- C$193.71
- 52-Week Low
- C$106.67
- Sector
- Financial Services
- Industry
- Banks - Diversified
NA Investment Performance
NA has gained 4.6% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in NA would have grown to C$2,526, representing a 152.6% total return. Since its IPO in 1995, a C$1,000 investment would now be worth C$149,210.
C$1,000 Invested in National Bank of Canada (NA)
How much would C$1,000 invested in NA be worth today?
What would C$1,000 invested in NA 1 year ago be worth today?
A C$1,000 investment in National Bank of Canada (NA) in 2025 would be worth C$1,556 as of March 2026, representing a +55.6% total return.
What would C$1,000 invested in NA 3 years ago be worth today?
A C$1,000 investment in National Bank of Canada (NA) in 2023 would be worth C$2,069 as of March 2026, representing a +106.9% total return.
What would C$1,000 invested in NA 5 years ago be worth today?
A C$1,000 investment in National Bank of Canada (NA) in 2021 would be worth C$2,526 as of March 2026, representing a +152.6% total return.
What would C$1,000 invested in NA 10 years ago be worth today?
A C$1,000 investment in National Bank of Canada (NA) in 2016 would be worth C$6,261 as of March 2026, representing a +526.1% total return.
What would C$1,000 invested in NA at IPO be worth today?
A C$1,000 investment in National Bank of Canada (NA) at IPO would be worth C$149,210 as of March 2026, representing a +14821.0% total return.
Monthly Returns Heatmap
Over the past 31+ years (374 months), National Bank of Canada (NA) has averaged a monthly return of +1.51% with a median return of +1.79%. The stock had 231 positive months (62%) and 141 negative months (38%). The best month in NA's history was February 2026 with a +17.3% return, while the worst was August 1998 at -25.1%. Historically, February tends to be the strongest month (averaging +3.2%), and June the weakest (-0.1%).
NA's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2009 with a cumulative return of +74.5%, and the worst was 2008 at -41.0%.
Annual Returns
Over 31 years of trading history, National Bank of Canada (NA) has delivered an average annual return of +19.52% with a median return of +18.31%. The compound annual growth rate (CAGR) is +16.52%. The stock posted gains in 25 years (81%) and losses in 6 years (19%).
NA's best year was 2009 with a +101.42% gain, while the worst was 2008 at -36.68%. The longest streak of consecutive positive years was 7, and the longest losing streak was 2 years. NA achieved double-digit gains (10%+) in 21 years. It suffered double-digit losses in 4 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +4.61% | C$172.61 | C$180.57 |
| 2025 | +36.15% | C$126.78 | C$172.61 |
| 2024 | +34.65% | C$94.16 | C$126.78 |
| 2023 | +15.53% | C$81.50 | C$94.16 |
| 2022 | -1.45% | C$82.70 | C$81.50 |
| 2021 | +39.02% | C$59.48 | C$82.70 |
| 2020 | +4.01% | C$57.19 | C$59.48 |
| 2019 | +34.04% | C$42.67 | C$57.19 |
| 2018 | -6.92% | C$45.84 | C$42.67 |
| 2017 | +19.77% | C$38.27 | C$45.84 |
| 2016 | +41.68% | C$27.02 | C$38.27 |
| 2015 | -14.56% | C$31.62 | C$27.02 |
| 2014 | +16.48% | C$27.15 | C$31.62 |
| 2013 | +19.48% | C$22.72 | C$27.15 |
| 2012 | +11.61% | C$20.36 | C$22.72 |
| 2011 | +9.41% | C$18.61 | C$20.36 |
| 2010 | +18.31% | C$15.73 | C$18.61 |
| 2009 | +101.42% | C$7.81 | C$15.73 |
| 2008 | -36.68% | C$12.33 | C$7.81 |
| 2007 | -17.21% | C$14.89 | C$12.33 |
| 2006 | +12.71% | C$13.21 | C$14.89 |
| 2005 | +25.57% | C$10.52 | C$13.21 |
| 2004 | +18.76% | C$8.86 | C$10.52 |
| 2003 | +39.96% | C$6.33 | C$8.86 |
| 2002 | +16.02% | C$5.46 | C$6.33 |
| 2001 | +18.50% | C$4.61 | C$5.46 |
| 2000 | +53.42% | C$3.00 | C$4.61 |
| 1999 | -22.65% | C$3.88 | C$3.00 |
| 1998 | +7.92% | C$3.60 | C$3.88 |
| 1997 | +75.97% | C$2.04 | C$3.60 |
| 1996 | +29.73% | C$1.58 | C$2.04 |
NA Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating National Bank of Canada as an investment
Valuation
NA currently trades at a trailing P/E ratio of 17.4, which is considered moderate relative to the broader market. The forward P/E of 12.9 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.2. The price-to-sales ratio is 5.2.
Dividends
National Bank of Canada pays a dividend to shareholders with a current yield of 2.75%. This translates to C$4.96 per share annually. The payout ratio of 46% indicates sustainable dividend coverage.
Risk & Volatility
NA has a beta of 1.18, indicating it is slightly more volatile than the overall market. The stock's 52-week range is C$106.67 to C$193.71, and it currently trades near its 52-week high.
Analyst Ratings
Based on 13 analyst opinions, NA has a consensus "hold" rating. The average price target of C$189.15 suggests 4.8% upside from current levels.
Frequently Asked Questions: NA
What sector is NA in? ▼
NA operates in the Financial Services sector, specifically in the Banks - Diversified industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has NA performed historically? ▼
Over 31 years of trading history, NA has posted gains in 25 years (81% of the time). The best year was 2009 with a +101.4% return. Past performance does not guarantee future results.
How can I invest in NA? ▼
You can invest in NA through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold NA.
Does NA pay dividends? ▼
National Bank of Canada pays a dividend to shareholders with a current yield of 2.75%. This translates to C$4.96 per share annually. The payout ratio of 46% indicates sustainable dividend coverage.
What does National Bank of Canada do? ▼
National Bank of Canada is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Montreal, Canada.
What sector is NA in? ▼
NA operates in the Financial Services sector, specifically in the Banks - Diversified industry.
When did NA go public? ▼
National Bank of Canada went public in 1995, making it a 31-year-old public company as of 2026.
How much would C$1,000 invested in NA 5 years ago be worth today? ▼
A C$1,000 investment in NA five years ago would be worth approximately C$2,526 today, representing a 152.6% return.
How much would C$1,000 invested in NA 10 years ago be worth today? ▼
A C$1,000 investment in NA ten years ago would be worth approximately C$6,261 today, representing a 526.1% total return over the decade.
What is NA's 3-year return? ▼
Over the past 3 years, NA has returned 106.9%. A C$1,000 investment would have grown to C$2,069.
How much would C$1,000 invested in NA at IPO be worth today? ▼
If you invested C$1,000 in NA at its IPO in 1995, it would be worth approximately C$149,210 today, a 14,821.0% return over 31 years.
Does NA pay dividends? ▼
Yes, National Bank of Canada pays a dividend with a current yield of 2.75%, which is C$4.96 per share annually.
What is NA's market cap? ▼
National Bank of Canada has a market capitalization of C$70 billion, classifying it as a large-cap company.
What is NA's P/E ratio? ▼
NA has a trailing P/E ratio of 17.4 and a forward P/E of 12.9, which measures how much investors are paying per dollar of earnings.
Is NA a buy, hold, or sell? ▼
Based on 13 opinions, NA has a consensus "hold" rating. The average price target is C$189.15.
Last updated: 3/15/2026