National Bank of Canada (TSE:NA) Rating Increased to Strong-Buy at Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada (TSE:NA) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

NA has been the subject of a number of other reports. Raymond James Financial raised their price objective on shares of National Bank of Canada from C$203.00 to C$226.50 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. Jefferies Financial Group increased their target price on shares of National Bank of Canada from C$196.00 to C$208.00 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Canaccord Genuity Group raised their price target on shares of National Bank of Canada from C$205.00 to C$224.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Scotiabank boosted their price target on shares of National Bank of Canada from C$214.00 to C$222.00 and gave the company a “sector outperform” rating in a research report on Tuesday, June 16th. Finally, TD upped their price target on shares of National Bank of Canada from C$202.00 to C$227.00 and gave the stock a “hold” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, National Bank of Canada has a consensus rating of “Hold” and a consensus price target of C$208.54.

National Bank of Canada Price Performance

National Bank of Canada stock opened at C$222.05 on Tuesday. National Bank of Canada has a one year low of C$141.46 and a one year high of C$237.13. The business has a fifty day moving average price of C$225.17 and a 200-day moving average price of C$203.07. The firm has a market capitalization of C$85.52 billion, a P/E ratio of 19.65, a PEG ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA) last released its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The company had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. Sell-side analysts expect that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

National Bank of Canada Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were issued a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, June 29th. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. National Bank of Canada’s payout ratio is currently 42.83%.

Insider Buying and Selling at National Bank of Canada

In related news, Director Yvon Charest acquired 191 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was bought at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the acquisition, the director owned 21,193 shares of the company’s stock, valued at approximately C$4,942,419.53. The trade was a 0.91% increase in their position. Company insiders own 0.21% of the company’s stock.

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).