Business
National Bank reports its results for the First Quarter of 2026
For the first quarter of 2026, National Bank is reporting net income of $1,254 million, up 26% from $997 million in the first quarter of 2025, the increase being attributable to good performance in all business segments, as well as the inclusion of the results of Canadian Western Bank (CWB)(1). Diluted earnings per share stood at $3.08, up 11% from $2.78 in the first quarter of 2025. Excluding specified items(2) recorded in the first quarters of 2026 and 2025 mainly related to the acquisition of
About this update from National Bank Of Canada
[{"type":"text","content":"The financial information reported in this document is based on the unaudited interim condensed consolidated financial statements for the quarter ended January 31, 2026 and is prepared in accordance with IAS 34 – Interim Financial Reporting as issued by the International Accounting Standards Board (IASB). All amounts are presented in Canadian dollars.","length":358,"tagName":"p"},{"type":"text","content":"MONTREAL, Feb. 25, 2026 /CNW/ - For the first quarter of 2026, National Bank is reporting net income of $1,254 million, up 26% from $997 million in the first quarter of 2025, the increase being attributable to good performance in all business segments, as well as the inclusion of the results of Canadian Western Bank (CWB)(1). Diluted earnings per share stood at $3.08, up 11% from $2.78 in the first quarter of 2025. Excluding specified items(2) recorded in the first quarters of 2026 and 2025 mainly related to the acquisition of CWB, adjusted net income(2) stood at $1,320 million, up 26% from $1,050 million in the corresponding quarter of 2025. Adjusted diluted earnings per share(2) stood at $3.25, up 11% from $2.93 in the first quarter of 2025.","length":773,"tagName":"p"},{"type":"image","alt":"National Bank Logo (CNW Group/National Bank of Canada)","displaySize":"","headline":null,"caption":"National Bank Logo (CNW Group/National Bank of Canada)","className":"","disableSlideshowImg":false,"size":{"original":{"width":209,"height":64,"url":"https://media.zenfs.com/en/cnwgroup.com/f052f12e1fb4f99bf567ea424b197b87"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tfNPeMtuo5_hVm0HxmIoAw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTExMDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/f052f12e1fb4f99bf567ea424b197b87","width":209,"height":64}},"href":"https://mma.prnewswire.com/media/2918884/National_Bank_of_Canada_National_Bank_reports_its_results_for_th.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The first quarter marks a strong start to the year for the Bank, driven by our diversified and complementary franchises, as well as our prudent approach to capital and credit," said Laurent Ferreira, President and Chief Executive Officer of National Bank of Canada. "We are executing on our financial objectives with discipline, driving organic growth and operational efficiency ...