MONTREAL \u2014 National Bank of Canada reported its third-quarter profit rose more than 20 per cent compared with a year ago, helped by a strong performance across its business.<\/p>\n
The Montreal-based bank said Wednesday it earned $1.31 billion or $3.25 per diluted share for the quarter ended July 31, up from $1.07 billion or $2.58 per diluted share a year earlier.<\/p>\n
On an adjusted basis, National Bank says it earned $3.39 per diluted share in its latest quarter, up from an adjusted profit of $2.68 per diluted share in the same quarter last year.<\/p>\n
Revenue for the quarter totalled $4.05 billion, up from $3.45 billion a year ago.<\/p>\n
The bank’s provision for credit losses for the quarter amounted to $246 million compared with $203 million in the same quarter last year.<\/p>\n
Analysts on average had expected an adjusted profit of $3.22 per share and $3.87 billion in revenue, according to LSEG Data & Analytics. <\/p>\n
National Bank chief executive Laurent Ferreira said the bank’s results “reflected positive operating leverage and resilient credit performance, while we maintained robust capital levels.”<\/p>\n
“Despite trade and geopolitical uncertainty, Canada’s resilience and the retooling of its economy are creating opportunities for growth. We remain focused on supporting our clients and advancing the country’s economic priorities to create long-term value for all our stakeholders,” Ferreira said in a statement.<\/p>\n
National Bank’s personal and commercial business earned $421 million in its latest quarter, up from $370 million a year ago as revenue rose and provisions for credit losses fell.<\/p>\n
The bank’s wealth management business earned $296 million, up from $244 million in the same quarter last year, while its capital markets business earned $442 million, up from $334 million a year ago.<\/p>\n
National Bank’s U.S. specialty finance and international operations earned $184 million, up from $178 million last year.<\/p>\n
This report by The Canadian Press was first published Aug. 26, 2026.<\/p>\n
Companies in this story: (TSX:NA)<\/p>\n
The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"MONTREAL \u2014 National Bank of Canada reported its third-quarter profit rose more than 20 per cent compared with…\n","protected":false},"author":2,"featured_media":872313,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4498,45,49,48,133],"class_list":["post-872312","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-banks","tag-business","tag-ca","tag-canada","tag-finance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/872312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=872312"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/872312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/872313"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=872312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=872312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=872312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}