Equities Analysts Offer Predictions for National Bank of Canada’s Q3 2018 Earnings (NTIOF)
National Bank of Canada (OTCMKTS:NTIOF) – Investment analysts at Cormark issued their Q3 2018 earnings per share (EPS) estimates for National Bank of Canada in a research note issued to investors on Wednesday, August 15th. Cormark analyst M. Grauman forecasts that the financial services provider will post earnings per share of $1.16 for the quarter. Cormark also issued estimates for National Bank of Canada’s FY2018 earnings at $4.55 EPS and FY2019 earnings at $4.80 EPS.
National Bank of Canada (OTCMKTS:NTIOF) last released its quarterly earnings results on Wednesday, May 30th. The financial services provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.10 by $0.05. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.34 billion. National Bank of Canada had a net margin of 20.94% and a return on equity of 18.59%.
Shares of NTIOF opened at $50.45 on Monday. The stock has a market capitalization of $16.57 billion, a P/E ratio of 12.10 and a beta of 1.32. National Bank of Canada has a 52-week low of $43.42 and a 52-week high of $53.84.
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 1st. Investors of record on Tuesday, June 26th were given a $0.483 dividend. The ex-dividend date was Monday, June 25th. This represents a $1.93 dividend on an annualized basis and a yield of 3.83%. National Bank of Canada’s dividend payout ratio is presently 45.80%.
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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