National Bank Q4 Earnings: A Breakdown
The fourth quarter has been a mixed bag for Canada’s big banks.
While RBC hit all time highs following their earnings, Scotiabank managed to miss some analyst estimates and fell off the wagon this week. The latest earnings from National Bank (TSX: NA), the smallest member of the “Big Six”, meanwhile have followed Scotiabank’s footsteps, with the bank missing revenue estimates, but still managing to hit consensus estimates on EPS.
We’re nearly halfway through out bank earnings coverage. Lets dive in!
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.