NTIOF (National Bank of Canada) Pre-Tax Income: $4,556 Mil (TTM As of Jul. 2026)

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NTIOF National Bank of Canada NTIOF
77 GF Score
Price $151.90
GF Value $113.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is National Bank of Canada Pre-Tax Income?

National Bank of Canada NTIOF -0.45% 77 Pre-Tax Income is $4,556 Mil as of Jul. 2026. GuruFocus rates NTIOF with a GF Score™ of 77/100 and a GF Value™ of $113.61 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. National Bank of Canada's pretax income for the three months ended in Jul. 2026 was $1,215 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2026 was $4,556 Mil. National Bank of Canada's pretax margin was 42.33%.

During the past 13 years, National Bank of Canada's highest Pretax Margin was 45.17%. The lowest was 24.60%. And the median was 38.54%.


National Bank of Canada  (OTCPK:NTIOF) Pre-Tax Income Explanation

National Bank of Canada's Pretax Margin for the quarter that ended in Jul. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=1215.172/2870.613
=42.33%

During the past 13 years, National Bank of Canada's highest Pretax Margin was 45.17%. The lowest was 24.60%. And the median was 38.54%.

* 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 Pre-Tax Income Related Terms


National Bank of Canada Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for National Bank of Canada's Pre-Tax Income 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 Pre-Tax Income Chart

National Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,234.68 3,124.41 2,850.06 3,472.41 3,670.29

National Bank of Canada Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 964.87 977.27 1,189.46 1,174.20 1,215.17

NTIOF vs JPM, BAC, WFC: Pre-Tax Income Comparison

For the Banks - Diversified subindustry, National Bank of Canada's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Canada's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where National Bank of Canada's Pre-Tax Income falls into.


NTIOF
77GF Score
National Bank of Canada NTIOF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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National Bank of Canada Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

National Bank of Canada's Pretax Income for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+3670.289
=3,670

National Bank of Canada's Pretax Income for the quarter that ended in Jul. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+1215.172
=1,215

Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,556 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $4,556 Mil mean?
National Bank of Canada (NTIOF) has a Pre-Tax Income of $4,556 Mil as of Jul. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on National Bank of Canada and its competitors.
Is National Bank of Canada's Pre-Tax Income too high?
National Bank of Canada's current Pre-Tax Income is $4,556 Mil. Overall, National Bank of Canada has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Pre-Tax Income compare to JPM and BAC?
National Bank of Canada's Pre-Tax Income of $4,556 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Banks company?
A good Pre-Tax Income depends on the Banks industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on National Bank of Canada and its competitors. National Bank of Canada's current Pre-Tax Income is $4,556 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 $113.61, compared to a current price of $151.90 — trading 33.7% above its estimated fair value. The current Pre-Tax Income is $4,556 Mil. National Bank of Canada's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current Pre-Tax Income is $4,556 Mil as of Jul. 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 $151.90 is trading 33.7% above its estimated GF Value™ of $113.61. GuruFocus considers National Bank of Canada to be Significantly Overvalued.

Key valuation signals for NTIOF:

  • Pre-Tax Income: $4,556 Mil
  • GF Value™: $113.61 vs. price of $151.90 (33.7% above fair value)
  • GF Score™: 77/100 with 3 warning signs

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 Business Description

Address 800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3
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.
77GF Score

Get the complete analysis for NTIOF

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$151.90
Price
$113.61
GF Value