National Bank of Canada revenue and financials

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$204.22+0.77%+$1.57

Close · October 6, 2026

In the fiscal year ended October 2025, National Bank of Canada reported revenue of $12.73B (+17.57% year over year). Net income was $4.02B, a net margin of 31.5%.

Annual revenue · 2025: $12.73B

$8.93B2021
$9.51B2022
$9.66B2023
$10.83B2024
$12.73B2025

Fiscal year ending in October. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +17.57%; FY to Oct 2025 vs FY to Oct 2024
Net income growth: +5.24%; FY to Oct 2025 vs FY to Oct 2024
Net margin: 31.5%; FY to Oct 2024: 35.2%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Balance sheet · Annual
Item	FY to Oct 2025	FY to Oct 2024	FY to Oct 2023	FY to Oct 2022	FY to Oct 2021	FY to Oct 2020	FY to Oct 2019	FY to Oct 2018	FY to Oct 2017	FY to Oct 2016
Total assets	576,919	462,226	423,477	403,740	355,621	331,625	281,458	262,471	245,835	232,206
Cash and equivalents	13,359	19,819	25,944	24,180	27,098	23,271	9,596	10,287	6,801	6,180
Short-term investments	5,281	4,200	9,242	8,828	—	—	—	—	—	—
Receivables	5,599	7,292	6,186	4,556	—	—	—	—	—	—
Net property, plant and equipment	2,162	1,868	1,592	1,397	1,216	1,155	490	601	558	1,338
Goodwill	3,101	1,522	1,521	1,519	1,504	1,414	1,412	1,412	1,409	1,412
Other intangible assets	1,748	1,233	1,256	1,360	—	—	—	—	—	—
Long-term investments	188,793	145,205	121,867	109,859	—	—	—	—	—	—
Accounts payable	7,732	6,576	5,149	4,375	—	—	—	—	—	—
Long-term debt	43,593	41,585	32,223	27,254	—	—	—	—	—	—
Total debt	108,489	74,783	53,512	44,877	—	—	—	—	—	—
Total liabilities	543,150	436,676	399,893	381,994	—	—	—	—	—	—
Total equity (incl. minority)	33,769	25,550	23,584	21,746	18,682	—	—	—	—	—
Retained earnings	20,366	18,633	16,650	15,140	12,854	10,444	9,312	8,472	7,567	6,706
Minority interest	0.0	0.0	2.0	2.0	3.0	3.0	358	379	792	810