National Bank of Canada (NA.TO) Buy, Sell or…

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Daily Stock Opinions and Ratings

National Bank of Canada (NA.TO)

228.42

+1.02 (0.45%)

as of Jul 27, 2026, 8:00:00 pm Market Open.

549 watching

Investor Insights

Jul 26, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

Experts generally view the National Bank of Canada (NA) as a strong investment with a focus on growth, particularly in wealth management and capital markets. Several reviews highlight the positive impact of its acquisition of Canadian Western Bank (CWB), which broadens its national presence and improves cross-selling opportunities. There is confidence in double-digit earnings growth and the potential for solid annual returns, even as concerns about high valuations and economic risks, such as potential recessions or credit cycles, are noted. While the stock's valuation is perceived as rich, its ability to generate high recurring fees and its diversified national presence contribute to a favorable long-term outlook. Overall, experts believe NA is well-positioned to thrive in the current market environment.

Consensus

Buy

Valuation

Fair Value

Similar

TD-T

PAST TOP PICK

(A Top Pick Sept 2/08. Up 26.5%.) Most profitable bank in Canada. Looks like it can continue to expand in its niche. Potential to raise dividends. Trading at 9X earnings versus its peers at 11X or 12X. Still inexpensive.

PAST TOP PICK

(A Top Pick Sept 2/08. Up 23.18%.) Liked it because of the little they had to do with the US. Have done very well with her brokerage and trading. Wealth management share in Quebec is very strong.

BUY ON WEAKNESS

Had some issues with asset-backed paper. Was probably totally undervalued when it collapsed. Somewhat limited to the Quebec area with limited franchises in other areas. Made some changes and is becoming better run. Will always trade at a discount to the other banks. Prefers Toronto Dominion (TD-T) and Royal (RY-T).

TOP PICK

A little bearish on the US$ versus Canadian. This bank literally has no exposure to the US. Would sell if it reached its old high of $55.

WAIT

Likes because of Quebec exposure and no US and limited western Canada exposure. Quebec’s economy seems to be more resilient. Yield is in line with piers but better earnings momentum and ROE.

HOLD

In all the Canadian banks, it has the least risk regarding bad loan portfolios and bad assets. No US exposure. Not buying any of the other banks yet because expects immediate future will be showing loan losses. 6.4% yield.

BUY

A wonderful investment if you are holding for the long-term. 6% yield. His favourite banks would be Toronto Dominion (TD-T) with a 5.5% yield and Royal (RY-T) with a 5.3% yield.

DON'T BUY

Ran into some trouble with their asset-backed commercial paper program but have been fairly clean in regards to their write-down relating to the US subprime sector. Like any Canadian bank, they are going to have trouble with increased loan-loss provisions.

BUY

Preferred Shares. Like the other banks, they have issued preferred shares with a yield of 6.6%, which is pretty attractive.

BUY

(Market Call Minute.) Good supportive dividend yield. Low dividend payout ratio relative to earnings. Sees some good attractive upside from here.

PAST TOP PICK

(A Top Pick Jan 2/08. Down 32.2%.) Liked it because had taken the asset-backed commercial paper off and expected a rebound. Earnings growth will be quite good. 7.5% yield. Buy.

COMMENT

ABCP settlement has been a big overhang on the stock but looks like it is going to get done. Trading at a very substantial discount on an earnings multiple compared to the other 5 major banks so will play a little bit of catch-up. 7.25% yield should be safe.

BUY

(Market Call Minute.) Any of the Canadian banks are Buys and this one is not a bad name.

DON'T BUY

The model price is $39.17, a 38% positive differential. Wouldn't buy it just yet.

DON'T BUY

Although they have cut dividends in the past, he doesn't think they are at risk here. Most of their business is in Quebec, which will be hit at least as hard as Ontario. Prefers others.

Showing 406 to 420 of 666 entries

Most Recent Experts

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Lyle Stein

Forvest Global Wealth Management

Andrew Pink

LDIC

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Greg Newman

Scotia Wealth Management

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National Bank of Canada (NA.TO)