New CEO. About as textbook a succession planning as you'll ever see. Louis Vachon leaves pretty big shoes. It's been the best performer of the big 6 banks under his tenure. New CEO has been the COO, career NA employee for 23 years, digitally savvy, ran capital markets, known to the board and investors. Business as usual under his watch.
Thinks of best business first, and then country second. His clients own National Bank, TD, RY, and JPM. Best banks with the best management teams. Jaime Dimon at JPM is the very best. In Canada, his favourite is always National, with smart acquisitions and growing in wealth management. All Canadian banks are under-levered. You have to be there.
Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.
National Bank of Canada is a Canadian stock, trading under the symbol NA-T on the Toronto Stock Exchange (NA-CT). It is usually referred to as TSX:NA or NA-T
In the last year, 4 stock analysts published opinions about NA-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for National Bank of Canada.
National Bank of Canada was recommended as a Top Pick by on . Read the latest stock experts ratings for National Bank of Canada.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered National Bank of Canada In the last year. It is a trending stock that is worth watching.
On 2022-05-17, National Bank of Canada (NA-T) stock closed at a price of $92.42.