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.

National Bank of Canada

Loans

Loans %Chg

Loans Common Size

Securities at Fair Value Through Profit or Loss

Securities at Fair Value Through Profit or Loss %Chg

Securities at Fair Value Through Profit or Loss Common Size

Available-for-Sale Securities

Available-for-Sale Securities %Chg

Available-for-Sale Securities Common Size

Securities at Fair Value Through Other Comprehensive Income

Securities at Fair Value Through Other Comprehensive Income %Chg

Securities at Fair Value Through Other Comprehensive Income Common Size

Held-to-Maturity Securities

Held-to-Maturity Securities %Chg

Held-to-Maturity Securities Common Size

Securities at Amortized Cost

Securities at Amortized Cost %Chg

Securities at Amortized Cost Common Size

Deposits with Financial Institutions

Deposits with Financial Institutions %Chg

Deposits with Financial Institutions Common Size

Total Interest Income

Total Interest Income %Chg

Total Interest Income Common Size

Deposits

Deposits %Chg

Deposits Common Size

Liabilities Related to Transferred Receivables

Liabilities Related to Transferred Receivables %Chg

Liabilities Related to Transferred Receivables Common Size

Subordinated Debt

Subordinated Debt %Chg

Subordinated Debt Common Size

Other

Other %Chg

Other Common Size

Total Interest Expense

Total Interest Expense %Chg

Total Interest Expense Common Size

Net Interest Income

Net Interest Income %Chg

Net Interest Income Common Size

Underwriting and Advisory Fees

Underwriting and Advisory Fees %Chg

Underwriting and Advisory Fees Common Size

Securities Brokerage Commissions

Securities Brokerage Commissions %Chg

Securities Brokerage Commissions Common Size

Mutual Fund Revenues

Mutual Fund Revenues %Chg

Mutual Fund Revenues Common Size

Trust Service Revenues

Trust Service Revenues %Chg

Trust Service Revenues Common Size

Investment Management and Trust Service Fees

Investment Management and Trust Service Fees %Chg

Investment Management and Trust Service Fees Common Size

Credit Fees

Credit Fees %Chg

Credit Fees Common Size

Card Revenues

Card Revenues %Chg

Card Revenues Common Size

Deposit and Payment Service Charges

Deposit and Payment Service Charges %Chg

Deposit and Payment Service Charges Common Size

Trading Revenues

Trading Revenues %Chg

Trading Revenues Common Size

Gains on Available-for-Sale Securities, Net

Gains on Available-for-Sale Securities, Net %Chg

Gains on Available-for-Sale Securities, Net Common Size

Gains on Non-Trading Securities, Net

Gains on Non-Trading Securities, Net %Chg

Gains on Non-Trading Securities, Net Common Size

Insurance Revenues, Net

Insurance Revenues, Net %Chg

Insurance Revenues, Net Common Size

Foreign Exchange Revenues, Other Than Trading

Foreign Exchange Revenues, Other Than Trading %Chg

Foreign Exchange Revenues, Other Than Trading Common Size

Share in the Net Income of Associates and Joint Ventures

Share in the Net Income of Associates and Joint Ventures %Chg

Share in the Net Income of Associates and Joint Ventures Common Size

Total Non-Interest Income

Total Non-Interest Income %Chg

Total Non-Interest Income Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Compensation and Employee Benefits

Compensation and Employee Benefits %Chg

Compensation and Employee Benefits Common Size

Occupancy

Occupancy %Chg

Occupancy Common Size

Technology

Non-Interest Income

Non-Interest Income %Chg

Non-Interest Income Common Size

Total Revenues Before Provision for Credit Losses

Total Revenues Before Provision for Credit Losses %Chg

Total Revenues Before Provision for Credit Losses Common Size

Provision for Credit Losses

Provision for Credit Losses %Chg

Provision for Credit Losses Common Size

Provisions for Credit Losses

Provisions for Credit Losses %Chg

Provisions for Credit Losses Common Size

Total Revenues After Provision for Credit Losses

Total Revenues After Provision for Credit Losses %Chg

Total Revenues After Provision for Credit Losses Common Size

Revenues, Net of Provision for Credit Losses

Revenues, Net of Provision for Credit Losses %Chg

Revenues, Net of Provision for Credit Losses Common Size

Compensation Expenses

Compensation Expenses %Chg

Compensation Expenses Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Technology %Chg

Technology Common Size

Communications

Communications %Chg

Communications Common Size

Professional Fees

Professional Fees %Chg

Professional Fees Common Size

Other Non-Interest Expenses

Other Non-Interest Expenses %Chg

Other Non-Interest Expenses Common Size

Restructuring Charges

Restructuring Charges %Chg

Restructuring Charges Common Size

Revenue

EBIT

EBITDA

CapEx

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24
Net Interest Income	1,169	1,172	1,205	972	784	769
Net Interest Income
Non-Interest Income	2,529	2,277	2,445	2,211	2,160	2,227
Underwriting and Advisory Fees
Securities Brokerage Commissions
Mutual Fund Revenues
Trust Service Revenues
Investment Management and Trust Service Fees
Credit Fees
Card Revenues
Deposit and Payment Service Charges
Trading Revenues
Gains on Available-for-Sale Securities, Net
Gains on Non-Trading Securities, Net
Insurance Revenues, Net
Foreign Exchange Revenues, Other Than Trading
Other
Share in the Net Income of Associates and Joint Ventures
Total Revenues Before Provision for Credit Losses	3,698	3,449	3,650	3,183	2,944	2,996
Total Revenues Before Provision for Credit Losses %Chg	25.6%	15.1%	32.7%	17.5%	15%	20.3%
Total Revenues
Total Revenues %Chg
Provision for Credit Losses	244	203	545	254	162	149
Provisions for Credit Losses
Total Revenues After Provision for Credit Losses	3,454	3,246	3,105	2,929	2,782	2,847
Revenues, Net of Provision for Credit Losses
Compensation Expenses	1,155	1,161	1,196	1,037	954	958
Compensation and Employee Benefits
Selling, General & Administrative Expenses	715	585	567	491	487	443
Occupancy
Technology
Communications
Professional Fees
Other Non-Interest Expenses	217	179	179	118	151	140
Restructuring Charges
Other
Total Non-Interest Expense	2,087	1,925	1,942	1,646	1,592	1,541
Total Non-Interest Expenses
Income Before Provision for Income Taxes	1,367	1,321	1,163	1,283	1,190	1,306
Income Before Income Taxes
Provision for Income Taxes	308	256	267	286	235	273
Income Taxes
Consolidated Net Income	1,059	1,065	896	997	955	1,033
Net Income
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—
Non-Controlling Interests
Net Income Attributable to Preferred Dividends	41	42	43	39	40	40
Preferred Shareholders and Holders of Other Equity Instruments
Net Income Attributable to Common Shareholders	1,018	1,023	853	958	915	993
Common Shareholders
Basic EPS	2.6	2.6	2.2	2.8	2.7	2.9
Diluted EPS	2.6	2.6	2.2	2.8	2.7	2.9
Basic Weighted Average Shares Outstanding	391.6	391.6	390.1	340.7	340.5	340.2
Diluted Weighted Average Shares Outstanding	395.9	395.9	393.9	345	344.5	343.5
Total Shares Outstanding	392.1	392	391.3	341.1	340.7	340.5
EBITDA	—	147	154	138	130	129
Effective Tax Rate	22.5%	19.4%	23%	22.3%	19.7%	20.9%