Replay available

National Bank of Canada (NA) Q4 2025 Earnings Call

National Bank of Canada (TSX: NA) Q4 2025 earnings conference call, held 2025-12-03. Replay captured from the company's public earnings webcast.

Wed, December 3, 2025 at 11:00 AMendedReplay
National Bank of Canada (NA) Q4 2025 Earnings Call

Hosted by

Featured presenters

Marianne Ruddy

Senior Vice President and Head of Investor Relations

Laurent Ferreira

President and Chief Executive Officer

Jean-Sébastien Cizé

Chief Risk Officer

Judith Menard

Head of Commercial and Private Banking

Steven Boland

Analyst, Raymond James

Paul Holden

Analyst, CIBC

Jill Shea

Analyst, UBS

Sohrab Movahedi

Analyst, Bank of America

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.537 -- 00:00:05.822 Good morning and welcome to National Bank of Canada's fourth quarter results 00:00:05.822 -- 00:00:11.007 conference call. I would now like to turn the meeting over to Marianne 00:00:11.007 -- 00:00:16.052 Ruddy, Senior Vice President and Head of Investor Relations. 00:00:16.052 -- 00:00:18.774 Please go ahead, Marianne. 00:00:18.774 -- 00:00:24.319 Merci. Welcome, everyone. We'll begin the call with remarks from Laurent Ferreira, President 00:00:24.319 -- 00:00:29.424 and CEO, Marie-Chantal Gingras, CFO, and Jean-Sébastien Cizé, Chief 00:00:29.424 -- 00:00:35.067 Risk Officer. Our business heads are also present for the Q&A session, including 00:00:35.067 -- 00:00:40.615 Lucie Blanchet, Personal Banking, Judith Menard, Commercial and Private Banking, 00:00:40.615 -- 00:00:46.365 Michael Denham, CWB Integrations, Nancy Paquette, Wealth Management, 00:00:46.365 -- 00:00:51.152 Etienne Dubuc, Capital Markets, and Bill Bonner, International. 00:00:51.152 -- 00:00:56.040 Before we begin, please refer to slide 2 of our presentation for forward-looking statements 00:00:56.040 -- 00:01:01.813 and non-gap measures. Management will refer to adjusted results unless otherwise noted. 00:01:01.813 -- 00:01:04.175 I will now pass the call to Laurent. 00:01:04.175 -- 00:01:07.339 Merci, Marianne, and thank you, everyone, for joining us. 00:01:07.339 -- 00:01:12.405 This morning, we reported earnings per share of $2.82 for the fourth quarter 00:01:12.405 -- 00:01:14.485 of 2025 00:01:14.528 -- 00:01:20.074 and $11.28 for the year. We delivered strong financial performance in 2025 while 00:01:20.074 -- 00:01:25.064 also completing the largest acquisition in our history. 00:01:25.064 -- 00:01:30.231 we met all of our medium-term financial objectives...