National Bank of Canada (OTCMKTS:NTIOF) Hits New 52-Week High at $93.91

Posted by Jeff Wilder on Sep 14th, 2024

Shares of National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $93.91 and last traded at $93.91, with a volume of 241 shares. The stock had previously closed at $93.29.

National Bank of Canada Trading Down 0.6 %

The firm has a fifty day moving average of $85.81 and a two-hundred day moving average of $83.33. The company has a market cap of $31.77 billion, a PE ratio of 13.07 and a beta of 1.08. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.06.

National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) last posted its earnings results on Wednesday, August 28th. The financial services provider reported $1.96 earnings per share for the quarter. The firm had revenue of $2.18 billion during the quarter. National Bank of Canada had a net margin of 19.10% and a return on equity of 17.48%.

National Bank of Canada Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, June 25th were issued a $0.8067 dividend. This is a positive change from National Bank of Canada’s previous dividend of $0.78. This represents a dividend yield of 4.17%. The ex-dividend date was Monday, June 24th. National Bank of Canada’s dividend payout ratio (DPR) is presently 45.24%.

National Bank of Canada Company Profile

(Get Free Report)

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.