Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
National Bank of Canada's 3-Year RORE % for the quarter that ended in Apr. 2026 was 8.46%.
The industry rank for National Bank of Canada's 3-Year RORE % or its related term are showing as below:
NTIOF's 3-Year RORE % is ranked worse than 51.02% of 1472
companies
in the Banks industry
Industry Median: 9.93
vs NTIOF: 8.46
National Bank of Canada (OTCPK:NTIOF) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
National Bank of Canada 3-Year RORE % Related Terms
National Bank of Canada 3-Year RORE % 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 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where National Bank of Canada's 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Apr. 2026 and 3-year before.
National Bank of Canada (NTIOF) has a 3-Year RORE % of 8.46 as of Apr. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on National Bank of Canada and its competitors. According to the industry distribution chart, National Bank of Canada ranks #751 out of 1472 companies in the Banks industry, placing it in the top 51%.
Is National Bank of Canada's 3-Year RORE % too high?
National Bank of Canada's current 3-Year RORE % is 8.46. The Banks industry median 3-Year RORE % is 9.93. National Bank of Canada's value of 8.46 is 14.8% below this industry median. Based on the distribution chart, National Bank of Canada ranks #751 out of 1472 companies in the Banks industry, which is below the industry midpoint. 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 3-Year RORE % compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #751 out of 1472 companies for 3-Year RORE %. This places National Bank of Canada in the lower half of its industry. The industry median 3-Year RORE % is 9.93. National Bank of Canada's value of 8.46 is 14.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Banks company?
The median 3-Year RORE % among Banks companies is 9.93, based on 1,472 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current 3-Year RORE % of 8.46 is 14.8% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median 3-Year RORE % is 9.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current 3-Year RORE % is 8.46. 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 $108.80, compared to a current price of $155.38 — trading 42.8% above its estimated fair value. The current 3-Year RORE % is 8.46 and 14.8% below the Banks industry median of 9.93. National Bank of Canada's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current 3-Year RORE % is 8.46 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 $155.38 is trading 42.8% above its estimated GF Value™ of $108.80.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
3-Year RORE %: 8.46
GF Value™: $108.80 vs. price of $155.38 (42.8% above fair value)
Industry Position: 14.8% below the Banks median (#751 of 1472)
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.
77GF Score
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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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