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 | Q to Jul 2026 | Q to Apr 2026 | Q to Jan 2026 | Q to Oct 2025 | Q to Jul 2025 | Q to Apr 2025 | Q to Jan 2025 | Q to Oct 2024 | Q to Jul 2024 | Q to Apr 2024 | Q to Jan 2024 | Q to Oct 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -7,238 | 5,243 | -3,976 | -24,709 | -13,090 | -5,592 | -12,965 | -12,698 | -6,915 | -15,229 | -5,878 | -10,076 |
| Depreciation and amortization | 172 | 171 | 166 | 215 | 147 | — | — | — | — | — | — | — |
| Capital expenditure | -51.0 | -694 | -34.0 | -65.0 | -53.0 | -50.0 | -65.0 | -80.0 | -41.0 | -77.0 | -245 | -82.0 |
| Investing cash flow | -1,848 | -2,902 | -2,932 | -1,924 | -2,944 | 732 | -2,944 | -951 | -3,678 | 113 | -2,820 | -690 |
| Financing cash flow | 12,888 | 4,434 | 16,240 | 24,671 | 14,112 | 2,922 | 18,111 | 12,536 | 13,290 | 6,916 | 11,533 | 5,437 |
| Dividends paid | -554 | -519 | -526 | -509 | -510 | — | -434 | -419 | — | -403 | -401 | -386 |
| Share repurchases | -14.0 | -622 | -1,119 | -213 | 0.0 | — | — | — | — | — | — | — |
| Debt issued | 0.0 | 0.0 | 0.0 | 0.0 | 750 | — | 1,000 | — | — | 500 | — | — |
| Debt repaid | -24.0 | -25.0 | -26.0 | -24.0 | -131 | -22.0 | -24.0 | -23.0 | -24.0 | -26.0 | -37.0 | -26.0 |
| Effect of exchange rates | 524 | -112 | -480 | 317 | 61.0 | -1,248 | 857 | 173 | 114 | 479 | -670 | 755 |
| Net change in cash | 4,326 | 6,663 | 8,852 | -1,645 | -1,861 | -3,186 | 3,059 | -940 | 2,811 | -7,721 | 2,165 | -4,574 |
| Free cash flow | -7,289 | 4,549 | -4,010 | -24,774 | -13,143 | -5,642 | -13,030 | -12,778 | -6,956 | -15,306 | -6,123 | -10,158 |