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TSE:NA

National Bank of Canada (NA.TO)

223.39
+2.98 (1.35%)
as of Jun 19, 2026, 4:22:05 pm Market Open.
549 watching
0
Investor Insights
star iconJun 19, 2026, 12:00 am

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

Experts have a generally positive outlook on the National Bank of Canada (NA), highlighting its strong focus on wealth management and capital markets, which have proven lucrative amid market volatility. Analysts appreciate the bank's recent acquisitions, particularly that of Canadian Western Bank, which enhances its national presence and cross-selling opportunities. Despite a backdrop of economic concerns including high P/E ratios and the potential for a recession or credit cycle, many believe NA is well-positioned for long-term growth with expected double-digit earnings growth and a possible increase in dividends. Overall, while there are cautionary notes regarding high valuations and market conditions, the sentiment leans towards viewing NA as a strong player in the Canadian banking sector with a strong potential for continued profitability.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TD,TD
BUY
They have a couple of billion dollars in asset backed paper. Believes there will be a value placed on the paper. Right now it's all being lumped together. If the bank was to totally write off the paper, the after tax hit on their book value would be around $6.00, the stock has already dropped $10. So he believes that the worst case scenario has already been built into the stock price, and he is buying now.
BUY ON WEAKNESS
The model price is almost $80, a 43% upside. This might be a good trade. There is a lot of doubt on this bank based on the asset-backed paper. Had a pop, but he would wait and see where it settles down. Low $50's would be a good place.
TOP PICK
Everybody hates this one right now because they had exposure through their mutual funds to commercial paper. They have now taken this on themselves. This is a quality bank with an above average growth rate and an above average yield.
DON'T BUY
Of all the banks, they are probably the most exposed to the subprime problems in the US and will have the biggest hit. Would wait for more clarification before buying.
TOP PICK
Oversold, people got panicked. Yielding 4.4% trading at 9.5 times trading earnings. Very cheap for a quality bank.
WATCH
Good yield/low PE. $2 billion in reset paper that has to be guaranteed to their retail clients. Will probably find out how much they have to make good on in the next month. Intriguing at this level. Could be dead money for awhile.
HOLD
Financial stocks globally are leading this market down and will probably continue to do so. Eventually they will lead the market up, but it is way too early to buy banks. This one has been hurt more than other banks because of a $2 billion exposure to as
HOLD
He is looking for lower price points on some of the banks before entering into them. Because of some of the issues on subprime the financial sector has been under a lot of pressure. May very well go down a little bit more before going up.
BUY
4.3% yield is at the top of the heap. Just put out a statement about asset backed commercial paper market and they were buying $2 billion of it from their funds. Feel they were being honest about it. At 20% discount to the other banks, you have a reasona
BUY
His quantitative model shows a 40% upside. Feels banks will bounce here giving an opportunity for a trade. Long-term, he is less enthusiastic.
DON'T BUY
A lot of uncertainty across financial institutions globally. Traded at a bit of a discount to the rest of the banks, so it will take longer for them to recover. A little oversold, so you could buy for a trade.
TOP PICK
Have always have trouble breaking out of their Quebec base but are big in wealth management, good in the proprietary trading business and do well in managing brokerage accounts. Good growth, lower price earnings multiple and a higher dividend.
DON'T BUY
Banks in general are not her favourite. This one suffers from being a regional bank with very little room for growth.
DON'T BUY
Doesn't like it. Would prefer Barkleys in England.
BUY
Is the lowest valuation of all the Canadian banks. More Quebec based then the rest of Canada. Banks are looking cheaper then 6 months ago. If you buy it here it will do well.
Showing 451 to 465 of 666 entries