National Bank of Canada is the sixth-largest Canadian bank, and this group of six banks collectively holds over 90% of the nation's banking deposits. The bank is the most Canadian-focused of the Big Six, with roughly 81% of its revenue derived from Canada in 2025.
National Bank of Canada is the most Canadian-focused of the Big Six, and therefore its returns are the least diluted through doing business in banking markets that are less attractive than Canada.
If tariffs are implemented for a prolonged period, the Canadian economy could enter a recession and make the bank see lower growth and higher credit costs.
|
Metric
|
NA
|
TD
|
CM
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.54 | 17.82 | 15.72 |
Price/Book Value | 2.44 | 2.53 | 2.51 |
Price/Sales | 5.31 | 4.49 | 4.66 |
Price/Cash Flow | 13.45 | 12.89 | 10.90 |
|
Metric
|
NA
|
TD
|
CM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
NA
|
TD
|
CM
|
|---|---|---|---|
Return on Assets (Normalized) | 0.86% | 0.79% | 0.88% |
Return on Equity (Normalized) | 16.02% | 14.32% | 17.22% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| LOCK|j^Z!$SL | LOCK|N<q | $892B | |||
| Bank of America Corp
BAC
| LOCK|@!<!$Yl | LOCK|D<y | $351B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|QT>!!> | LOCK|?@@v | $295B | |||
| Royal Bank of Canada
RY
| LOCK|k$SF#%Wf | LOCK|@V | $282B | |||
| Wells Fargo & Co
WFC
| LOCK|v&<j?$ | LOCK|VT | $248B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|?Rglp$ | LOCK|@! | $241B | |||
| The Toronto-Dominion Bank
TD
| LOCK|>?pG^g | LOCK|m@ | $206B | |||
| Citigroup Inc
C
| LOCK|mznnS> | LOCK|V? | $203B | |||
| Banco Santander SA ADR
SAN
| LOCK|?R@zf!# | LOCK|v#nNb | $182B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|l%QjXN? | LOCK|hbSYX | $144B |
United States