The latest announcement is out from National Bank of Canada ( (TSE:NA) ).
National Bank of Canada reported an 8% increase in net income for the first quarter of 2025, reaching $997 million, driven by revenue growth across all business segments. The recent acquisition of Canadian Western Bank is expected to accelerate domestic growth and enhance the bank’s capabilities, despite challenges posed by macroeconomic and geopolitical uncertainties.
More about National Bank of Canada
National Bank of Canada operates in the financial services industry, offering a range of banking products and services with a focus on financial markets and wealth management. The bank is committed to expanding its domestic growth and enhancing its banking capabilities.
YTD Price Performance: -3.05%
Average Trading Volume: 113,285
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $34.29B
For a thorough assessment of NA stock, go to TipRanks’ Stock Analysis page.