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During the past 12 months, National Bank of Canada's average EPS without NRIGrowth Rate was 8.60% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 5.50% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 10.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 10.30% per year.
During the past 13 years, National Bank of Canada's highest 3-Year average EPS without NRI Growth Rate was 45.50% per year. The lowest was -6.70% per year. And the median was 10.25% per year.
National Bank of Canada (OTCPK:NTIOF) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
National Bank of Canada Earnings per Share (Diluted) Related Terms
National Bank of Canada Earnings per Share (Diluted) Historical Data
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The historical data trend for National Bank of Canada's Earnings per Share (Diluted) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
National Bank of Canada Earnings per Share (Diluted) Chart
NTIOF vs JPM, BAC, WFC: Earnings per Share (Diluted) Comparison
For the Banks - Diversified subindustry, National Bank of Canada's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Bank of Canada PE Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's PE Ratio distribution charts can be found below:
* The bar in red indicates where National Bank of Canada's PE Ratio falls into.
National Bank of Canada Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
National Bank of Canada's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.18
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $8.18 mean?
National Bank of Canada (NTIOF) has a Earnings per Share (Diluted) of $8.18 as of Apr. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on National Bank of Canada and its competitors. According to the industry distribution chart, National Bank of Canada ranks #770 out of 1411 companies in the Banks industry, placing it in the top 54.6%.
Is National Bank of Canada's Earnings per Share (Diluted) too high?
National Bank of Canada's current Earnings per Share (Diluted) is $8.18. The Banks industry median Earnings per Share (Diluted) is 7.40. National Bank of Canada's value of $8.18 is 10.5% above this industry median. Based on the distribution chart, National Bank of Canada ranks #770 out of 1411 companies in the Banks industry, which is below the industry midpoint. Overall, National Bank of Canada has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Earnings per Share (Diluted) compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #770 out of 1411 companies for Earnings per Share (Diluted). This places National Bank of Canada in the lower half of its industry. The industry median Earnings per Share (Diluted) is 7.40. National Bank of Canada's value of $8.18 is 10.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Banks company?
The median Earnings per Share (Diluted) among Banks companies is 7.40, based on 1,411 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current Earnings per Share (Diluted) of $8.18 is 10.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median Earnings per Share (Diluted) is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current Earnings per Share (Diluted) is $8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Canada (NTIOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $109.37, compared to a current price of $162.39 — trading 48.5% above its estimated fair value. The current Earnings per Share (Diluted) is $8.18 and 10.5% above the Banks industry median of 7.40. National Bank of Canada's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current Earnings per Share (Diluted) is $8.18 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Bank of Canada (NTIOF) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of Canada stock appears to be overvalued.
The current stock price of $162.39 is trading 48.5% above its estimated GF Value™ of $109.37.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
Earnings per Share (Diluted): $8.18
GF Value™: $109.37 vs. price of $162.39 (48.5% above fair value)
Industry Position: 10.5% above the Banks median (#770 of 1411)
No single metric tells the full story. See the NTIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank derives around 45% of its 2025 revenue from the province of Quebec, with additional operations in the rest of Canada and the United States. National Bank of Canada also owns ABA Bank, one of the largest commercial banks in Cambodia.
74GF Score
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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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