Sector: Financials | Industry: Banks |
Company Contact | |
Address: | 600 De la Gauchetiere St W 7th Floor MONTREAL QC H3B 4L2 |
Tel: | N/A |
Website: | https://www.nbc.ca |
IR: | See website |
Key People | ||
Laurent Ferreira President, Chief Executive Officer, Executive Director | Marie Chantal Gingras Chief Financial Officer, Executive Vice President - Finance | Lucie Blanchet Executive Vice President - Personal Banking and Client Experience |
Etienne Dubuc Executive Vice President - Financial Markets | Dominic Paradis Senior Vice President, Legal Affairs and Corporate Secretary |
Business Overview |
National Bank of Canada (the Bank) operates as an integrated financial group. The Bank operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International (USSF&I). Its Personal and Commercial segment includes banking, financing, and investing services offered to individuals, advisors, and businesses as well as insurance operations. Its Wealth Management segment includes investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. Its Financial Markets segment includes corporate banking and investment banking and financial solutions for large and mid-size corporations, public sector organizations, and institutional investors. Its USSF&I segment includes the specialty finance services provided by its subsidiaries, Credigy Ltd. and Advanced Bank of Asia Limited. |
Financial Overview |
For the three months ended 31 January 2024, National Bank of Canada interest income increased 24% to C$4.81B. Net interest income after loan loss provision decreased 38% to C$631M. Net income applicable to common stockholders increased 5% to C$885M. Net interest income after loan loss provision reflects Wealth Management segment decrease of 5% to C$198M. Net Income benefited from Other segment loss decrease of 24% to C$71M. |
Employees: | 28,730 as of Jan 31, 2024 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $58,784M as of Jan 31, 2024 |
Annual revenue (TTM): | $17,712M as of Jan 31, 2024 |
EBITDA (TTM): | $7,919M as of Jan 31, 2024 |
Net annual income (TTM): | $3,235M as of Jan 31, 2024 |
Free cash flow (TTM): | -$3,508M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | $17,525M as of Jan 31, 2024 |
Shares outstanding: | 339,847,980 as of Apr 3, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |