National Bank of Canada Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Interest Income	3,546	4,518	2,939	3,586	5,271	4,783
Net Interest Income Growth	12.21%	53.73%	-18.04%	-31.97%	10.20%	12.41%
Non-Interest Income	7,251	9,462	8,461	6,472	4,381	4,144
Non-Interest Income Growth	-16.78%	11.83%	30.73%	47.73%	5.72%	12.85%
Revenues Before Loan Losses	10,797	13,980	11,400	10,058	9,652	8,927
Provision for Credit Losses	992	1,246	569	397	145	2
Revenue	9,805	12,734	10,831	9,661	9,507	8,925
Revenue Growth (YoY)	-12.22%	17.57%	12.11%	1.62%	6.52%	26.04%
Compensation Expenses	3,512	4,549	3,725	3,425	3,284	3,027
Selling, General & Admin	1,867	2,358	1,784	1,742	1,533	1,469
Other Non-Interest Expenses	575	693	545	586	413	407
Total Non-Interest Expense	5,954	7,600	6,054	5,753	5,230	4,903
Pretax Income	3,851	5,134	4,777	3,908	4,277	4,022
Provision for Income Taxes	831	1,117	961	619	894	882
Net Income	2,894	3,852	3,663	3,150	3,277	3,017
Minority Interest in Earnings	-	-	-1	-2	-1	-
Net Income Attributable to Preferred Dividends	126	165	154	141	107	123
Net Income to Common	2,894	3,852	3,663	3,150	3,277	3,017
Net Income Growth	-22.54%	5.16%	16.29%	-3.88%	8.62%	56.89%
Shares Outstanding (Basic)	391	378	340	338	337	337
Shares Outstanding (Diluted)	395	382	343	341	341	341
Shares Change (YoY)	14.89%	11.56%	0.61%	-0.02%	-0.01%	0.97%
EPS (Basic)	10.52	10.18	10.78	9.33	9.72	8.95
EPS (Diluted)	10.40	10.07	10.68	9.24	9.61	8.85
EPS Growth	-4.32%	-5.71%	15.58%	-3.85%	8.59%	55.26%
Shares Outstanding	388.32	391.07	340.74	338.29	336.58	337.91
Free Cash Flow	-	4,402	4,209	4,814	-2,218	5,821
Free Cash Flow Growth	-	4.58%	-12.57%	-	-	-70.60%
Free Cash Flow Per Share	-	11.51	12.28	14.13	-6.51	17.08
Dividends Per Share	4.740	4.640	4.320	3.980	3.580	2.840
Dividend Growth	2.15%	7.41%	8.54%	11.17%	26.06%	-
Profit Margin	30.80%	31.55%	35.23%	34.04%	35.58%	35.18%
FCF Margin	-	34.57%	38.86%	49.83%	-23.33%	65.22%
EBITDA	-	654	514	524	481	456
EBITDA Margin	-	5.14%	4.75%	5.42%	5.06%	5.11%
Effective Tax Rate	21.58%	21.76%	20.12%	15.84%	20.90%	21.93%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.