Company

National Bank of Canada

Headquarters: Montreal, QC, Canada

Founded: November 1979

Employees: 27,804

CEO: Mr. Laurent Ferreira

TSX: NA -1.57%

Market Cap

C$33.93 Billion

CAD as of Jan. 1, 2024

US$25.61 Billion

Market Cap History

Company Description

The National Bank of Canada is a large commercial bank in Canada, especially concentrated in the Quebec province. Expanding throughout the country, the National Bank of Canada is involved in personal and commercial banking, wealth management, and financial markets; it also has a limited presence in the United States and international exposure.

National Bank of Canada market capitalization over time

Evolution of National Bank of Canada market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of National Bank of Canada

Detailed Description

National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services comprise credit, and deposit and investment solutions, as well as international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services. The Wealth Management segment comprises investment solutions, trust services, banking services, lending services, and other wealth management solutions. The Financial Markets segment offers corporate banking, advisory, and capital markets services; and project financing, debt, and equity underwriting; advisory services in the areas of mergers and acquisitions, and financing. The U.S. Specialty Finance and International segment provides specialty finance products; financial products and services to individuals and businesses in Cambodia; and investment solutions, guaranteed investment certificates, mutual funds, notes, structured products, and monetization. It provides its services through a network of 384 branches and 927 banking machines. National Bank of Canada was founded in 1859 and is based in Montreal, Canada.

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Product & Services

Financial services, Commercial banking

Key People

Laurent Ferreira (CEO)

Financials

Revenue: C$8.93 billion (2021)

Net income: C$3.20 billion (2021)


Total assets: C$355.80 billion (2021)

Total equity: C$18.86 billion (2021)

Details

Headquarters:

National Bank Tower

4th Floor 600 De La Gauchetière Street West

Montreal, QC H3B 4L2

Canada

Phone: 514-394-5000