National Bank of Canada's quarterly market cap
increased
from Oct. 2025 ($43,741 Mil) to Jan. 2026 ($46,206 Mil) and
increased
from Jan. 2026 ($46,206 Mil) to Apr. 2026 ($58,262 Mil).
National Bank of Canada's annual market cap
increased
from Oct. 2023 ($21,051 Mil) to Oct. 2024 ($32,541 Mil) and
increased
from Oct. 2024 ($32,541 Mil) to Oct. 2025 ($43,741 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. National Bank of Canada's Enterprise Value for Today is $114,676 Mil.
National Bank of Canada (OTCPK:NTIOF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
National Bank of Canada Market Cap Related Terms
National Bank of Canada Market Cap 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.
For the Banks - Diversified subindustry, National Bank of Canada's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's Market Cap distribution charts can be found below:
* The bar in red indicates where National Bank of Canada's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
National Bank of Canada's Market Cap 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 Market Cap of $60,657 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on National Bank of Canada and its competitors. According to the industry distribution chart, National Bank of Canada ranks #53 out of 1543 companies in the Banks industry, placing it in the top 3.4%.
Is National Bank of Canada's Market Cap too high?
National Bank of Canada's current Market Cap is $60,657 Mil. The Banks industry median Market Cap is 701.90. National Bank of Canada's value of $60,657 Mil is 8541.9% above this industry median. Based on the distribution chart, National Bank of Canada ranks #53 out of 1543 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, National Bank of Canada has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Market Cap compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #53 out of 1543 companies for Market Cap. This places National Bank of Canada in the top 3% of its industry — outperforming the majority of peers. The industry median Market Cap is 701.90. National Bank of Canada's value of $60,657 Mil is 8541.9% 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 Market Cap for a Banks company?
The median Market Cap among Banks companies is 701.90, based on 1,543 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current Market Cap of $60,657 Mil is 8541.9% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median Market Cap is 701.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current Market Cap is $60,657 Mil. 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 $109.23, compared to a current price of $158.03 — trading 44.7% above its estimated fair value. The current Market Cap is $60,657 Mil and 8541.9% above the Banks industry median of 701.90. National Bank of Canada's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current Market Cap is $60,657 Mil as of Jun. 25, 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 $158.03 is trading 44.7% above its estimated GF Value™ of $109.23.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
Market Cap: $60,657 Mil
GF Value™: $109.23 vs. price of $158.03 (44.7% above fair value)
Industry Position: 8541.9% above the Banks median (#53 of 1543)
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.
73GF Score
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