National Bank of Canada revenue and financials
$204.22Change from previous close: +0.77%Absolute change: +$1.57
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%.
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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -56,501 | -40,720 | -16,613 | -27,378 | -19,022 | -6,331 | -10,456 | -8,295 | -13,084 | -5,201 |
| Depreciation and amortization | 654 | 514 | 524 | 481 | — | — | — | — | — | — |
| Capital expenditure | -233 | -443 | -352 | -296 | -217 | — | — | — | — | — |
| Investing cash flow | -7,080 | -7,336 | -80.0 | -1,456 | 1,467 | -3,349 | -6,253 | -1,531 | 840 | -4,260 |
| Financing cash flow | 59,961 | 44,275 | 19,512 | 25,075 | 23,321 | 25,080 | 17,475 | 13,514 | 13,070 | 10,106 |
| Dividends paid | -1,952 | -1,640 | -1,503 | -1,325 | -1,101 | -1,300 | -992 | -918 | -846 | -600 |
| Share repurchases | -513 | 0.0 | 0.0 | -245 | — | — | — | — | — | — |
| Debt issued | 1,750 | 500 | 0.0 | 739 | — | — | — | — | — | — |
| Debt repaid | -201 | -110 | -852 | -99.0 | — | — | — | — | — | — |
| Effect of exchange rates | -13.0 | 96.0 | 545 | 1,750 | -1,029 | 44.0 | 176 | 266 | -207 | -29.0 |
| Net change in cash | -3,633 | -3,685 | 3,364 | -2,009 | 4,737 | 15,444 | 942 | 3,954 | 619 | 616 |
| Free cash flow | -56,734 | -41,163 | -16,965 | -27,674 | -19,239 | — | — | — | — | — |