National Bank reports 26 percent earnings growth for National Bank of Canada stock

National Bank reported third-quarter adjusted earnings per share of CAD 3.39, up 26.00 percent year over year, while revenue increased 18.00 percent. The stock was at EUR 133.35 at Lang & Schwarz on October 27, 2026 at 5:49 p.m. CEST.

Revenue growth broadens the result

According to the Yahoo Finance transcript dated August 26, 2026, third-quarter revenue reached CAD 8.45 billion, up 18.00 percent year over year. Positive operating leverage was 5.80 percent, and return on equity stood at 16.80 percent.

The earnings mix was also notable. Wealth Management generated CAD 299.00 million of net income, up 22.00 percent year over year, while Capital Markets produced CAD 442.00 million, up 32.00 percent.

Margins and credit remain central

National Bank said its all-bank net interest margin rose to 2.18 percent in the third quarter, an increase of 0.02 percentage points from the previous quarter. Loans grew 11.00 percent year over year, deposits increased 11.00 percent, and the CET1 ratio was 13.51 percent.

The same transcript reported total provisions for credit losses of CAD 246.00 million, equal to 31 basis points. Impaired provisions were CAD 224.00 million, or 28 basis points, while the bank kept its fiscal 2026 impaired-provision expectation at 25.00 to 35.00 basis points. That combination gives investors a clearer way to read the strong earnings: revenue growth was broad, but credit costs remain a key test.

December results date is set

National Bank's investor-relations calendar lists the fourth-quarter 2026 earnings release and conference call for December 4, 2026, with the date also shown on the bank's investor-relations page. The date gives the next formal checkpoint for the bank's margin, provisions and capital outlook.

How does National Bank compare?

National Bank of Canada is quoted on the Toronto Stock Exchange under NA. Its market capitalization is CAD 80.8 billion, with a price-to-earnings ratio of 17.45 and a trailing dividend yield of 2.00 percent. Royal Bank of Canada has a market capitalization of CAD 395.0 billion and a price-to-earnings ratio of 17.95, while Bank of Montreal has a market capitalization of CAD 167.5 billion and a price-to-earnings ratio of 19.64.

Stock price and investor view

The current euro quotation places the immediate emphasis on the earnings trend rather than on a new corporate announcement. National Bank combines 18.00 percent revenue growth with a 16.80 percent return on equity, while the December 4, 2026 results date provides the next scheduled catalyst.

National Bank of Canada stock was trading at EUR 133.35 at Lang & Schwarz on October 27, 2026 at 5:49 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of National Bank of Canada stock.

Market context: Market report S&P/TSX Composite.

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