National Bank of Canada T.NA

Alternate Symbol(s): NTIOF | T.NA.PR.S | NBCDF | T.NA.PR.W | T.NA.PR.C | NBKCF | T.NA.PR.E | T.NA.PR.G | T.NA.R

Financial Services

National Bank of Canada (the Bank) operates as an integrated financial group. The Bank operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International (USSF&I). Its Personal and Commercial segment includes banking, financing, and investing services offered to individuals, advisors, and businesses, as well as insurance operations. Its Wealth Management segment includes investment solutions, trust services, banking services, lending services, and other wealth management solutions offered through internal and third-party distribution networks. Its Financial Markets segment includes corporate banking and investment banking and financial solutions for large and mid-size corporations, public sector organizations, and institutional investors. Its USSF&I segment includes the specialty finance services provided by its subsidiaries, Credigy Ltd. and Advanced Bank of Asia Limited.

TSX:NA - Post by User

National Bank of Canada

Bullboard Posts

Comment by Venture100on Aug 31, 2009 11:22am

349 Views

Post# 16264007

RE: NA breaking $60 and holding ?

All the Canadian banks were over sold so I would certainly not think the 29% increase is any indication that it has topped out. If they maintained their eps for one year we would be looking at $7.00 per share. At a conservative p/e of 10 NA would rise to $70.00. But even if earnings soften with future writeoffs I think a price of $60.00 is sustainable.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale