Company
National Bank of Canada
Headquarters: Montreal, QC, Canada
Founded: November 1979
Employees: 27,804
CEO: Mr. Laurent Ferreira
Market Cap
C$33.93 Billion
CAD as of Jan. 1, 2024
US$25.61 Billion
National Bank of Canada Categories
Canada Financials Banks—DiversifiedCanada Financials Canada Banks—Diversified
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.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| JPMorgan | $495.55 B |
| Bank of America | $267.48 B |
| ICBC | $226.49 B |
| Wells Fargo | $178.97 B |
| Agricultural Bank of China | $178.47 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
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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Stocks & Indices
National Bank of Canada has the following listings and related stock indices.
Stock: TSX: NA wb_incandescent
Stock: FSX: NBC wb_incandescent
Stock: OTC: NTIOF wb_incandescent
Stock: OTC: NBKCF wb_incandescent
Stock: TSX: NA.PR.A wb_incandescent
Stock: TSX: NA.PR.C wb_incandescent
Stock: TSX: NA.PR.E wb_incandescent
Stock: TSX: NA.PR.G wb_incandescent
Stock: TSX: NA.PR.S wb_incandescent
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)