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National Bank of Canada Q2 2024 Earnings Report

National Bank of Canada logo
C$132.83 +0.14 (+0.11%)
(As of 12:15 PM ET)

National Bank of Canada EPS Results

Actual EPS
C$2.54
Consensus EPS
C$2.43
Beat/Miss
Beat by +C$0.11
One Year Ago EPS
N/A

National Bank of Canada Revenue Results

Actual Revenue
$2.84 billion
Expected Revenue
$2.89 billion
Beat/Miss
Missed by -$50.80 million
YoY Revenue Growth
N/A

National Bank of Canada Announcement Details

Quarter
Q2 2024
Time
N/A

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National Bank of Canada Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About National Bank of Canada

National Bank of Canada (TSE:NA) provides financial services to individuals, businesses, institutional clients, and governments 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, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services. The Wealth Management segment provides full-service brokerage, private banking, direct brokerage, investment solutions, administrative and trade execution, transaction products, and trust and estate services. 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; and personal and commercial banking in Cambodia. National Bank of Canada was founded in 1859 and is headquartered in Montreal, Canada.

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