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National Bank of CanadaNTIOF -0.57%74 Equity-to-Asset is 0.05 as of Apr. 2026, which is at its 10-year median of 0.05. GuruFocus rates NTIOF with a GF Score™ of 74/100 and a GF Value™ of $109.37 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,525 Banks companies, National Bank of Canada ranks worse than 91.41% on this metric.
National Bank of Canada (OTCPK:NTIOF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
National Bank of Canada Equity-to-Asset Related Terms
National Bank of Canada Equity-to-Asset Historical Data
* 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.
NTIOF vs JPM, BAC, WFC: Equity-to-Asset Comparison
For the Banks - Diversified subindustry, National Bank of Canada's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where National Bank of Canada's Equity-to-Asset falls into.
National Bank of Canada Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
National Bank of Canada's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* 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 (NTIOF) has a Equity-to-Asset of 0.05 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Bank of Canada and its competitors. This is near median its historical median of 0.05. Over the past decade, National Bank of Canada's Equity-to-Asset has ranged from 0.05 to 0.06. According to the industry distribution chart, National Bank of Canada ranks #1394 out of 1525 companies in the Banks industry, placing it in the top 91.4%.
Is National Bank of Canada's Equity-to-Asset too high?
National Bank of Canada's current Equity-to-Asset of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.06. The Banks industry median Equity-to-Asset is 0.10. National Bank of Canada's value of 0.05 is 50% below this industry median. Based on the distribution chart, National Bank of Canada ranks #1394 out of 1525 companies in the Banks industry, which is in the bottom quartile relative to peers. 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 Equity-to-Asset compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #1394 out of 1525 companies for Equity-to-Asset. This places National Bank of Canada in the lower half of its industry. The industry median Equity-to-Asset is 0.10. National Bank of Canada's value of 0.05 is 50% below this benchmark. Historically, National Bank of Canada's own Equity-to-Asset has ranged from 0.05 to 0.06 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.10, National Bank of Canada has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current Equity-to-Asset of 0.05 is 50% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current Equity-to-Asset is 0.05, which is near median its own 10-year median of 0.05. 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 $161.46 — trading 47.6% above its estimated fair value. The current Equity-to-Asset is 0.05, which is near median its 10-year median of 0.05 and 50% below the Banks industry median of 0.10. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current Equity-to-Asset is 0.05 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 $161.46 is trading 47.6% above its estimated GF Value™ of $109.37.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
Equity-to-Asset: 0.05 (near median its 10-year median of 0.05)
GF Value™: $109.37 vs. price of $161.46 (47.6% above fair value)
Industry Position: 50% below the Banks median (#1394 of 1525)
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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