Rank National Bank Preferreds

This compare tool allows you to Rank National Bank Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the National Bank preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

National Bank Brief Overview

Visit the National Bank company website to see the preferred share prospectus, news and other information.

Sector: Financial Services

Core businesses and operations:

  1. Offers personal and commercial banking, wealth-management services, corporate banking
  2. Operates primarily in the province of Quebec as well as the city of Toronto.
National Bank is the sixth- largest Canadian bank.

The latest information and statistics on their common stock NA, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2021May15. Dividend Payment Schedule: 2022FEB15 , 2021MAY15 , 2021AUG15 , 2021NOV15

Ex Dividend Date Schedule: 2022JAN04 , 2021APR04 , 2021JUL05 , 2021OCT04

 

National Bank Credit Rating

The latest credit rating for National Bank are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
AP-3(high)AA(low)Pfd-2LAa3A+F1

National Bank Common Share Metrics

Symbol: TSE:NACurrency: CADMarket Cap: $30,658,394,337Price: $90.88
P/E: 14.72P/B: 3.79Dividend: $0.71Yield: 3.13%
Beta: 0.9500

National Bank Overall Preferred Share Metrics

I have reviewed the full set of National Bank preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "National Bank". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 7Lowest Current Yield: NA-W @ 4.17%Highest Current Yield: NA-X @ 5.60%Average Current Yield: 4.77%
5 Year Reset issues: 75YR Reset Lowest Reset Yield: NA-W @ 3.41%5YR Reset Highest Reset Yield: NA-X @ 5.79%5YR Reset Average Reset Yield: 4.23%
Lowest Rate Increase Percent: NA-A @ -1.000%Highest Rate Increase Percent: NA-W @ 8.00%Average Rate Increase Percent: 2.00%
Market Cap at Market Value: 2,407,660,000Market Cap at Face Value: 2,450,000,000Discount Amount: 42,340,000Discount Percent: 1.73%
Percent of Total Market Cap at Market Value: 3.23%Percent of Total Market Cap at Face Value: 2.87%



 
 

Rank National Bank Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend). A (What If) scenario. It represents the blended yield and dividend for the current issue. It should only be used as a reference. It is not meant to show actual returns for Yield/Dividend. This metric has merit only when applied across all issues being considered.
  4. Rate Increase Percent.
  5. Rate Increase To Value.
  6. New Spread increase.
  7. New Spread Value. This reflects the effect or the current price on the issue spread of the preferred. It shows the effective new spread of the share due to its drop or rise of its share value
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float. This is the outstanding float for this preferred.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield. Current yield of the common. Should be considered if preferred yield is lower.
Last Updated: Market Data May-07 18:16, Model Metrics May-07 18:44
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
NA-S NA.PR.S CA6330673196 $23.41$23.80$13.775yr + 2.40%04.30% $1.0062National_bank_SRS_30_
NA-W NA.PR.W CA6330672859 $23.00$23.32$13.585yr + 2.25%04.17% $0.9596National_bank_SRS_33
NA-X NA.PR.X CA6330672693 $24.99$25.61$24.005yr + 4.90%05.60% $1.4000National_bank_SRS_35
NA-A NA.PR.A CA6330672446 $25.29$25.65$22.955yr + 4.66%05.33% $1.3480National_bank_SRS_36
NA-C NA.PR.C CA6330672289 $25.34$25.65$16.595yr + 3.43%04.39% $1.1120National_bank_SRS_38
NA-E NA.PR.E CA6330671943 $24.40$24.50$14.715yr + 2.58%04.71% $1.1500National_bank_SRS_40
NA-G NA.PR.G CA63306A2056 $25.10$25.14$15.915yr + 2.77%04.93% $1.2372National_bank_SRS_42
 
 

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A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data May-07 18:16, Model Metrics May-07 18:44
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DRate Increase percentRate Increase to valueNew Spread IncreaseNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
NA-S NA.PR.S CA6330673196 $23.41$23.80$13.775yr + 2.40%04.30% $1.006203.51% | $0.820803.98% $0.93 12@cy+8@ry6.34%2024may15006%3.50%006%2.55%40,326Non-Cumulative ACTSWHC16.4614,000,000National_bank_SRS_30_
NA-W NA.PR.W CA6330672859 $23.00$23.32$13.585yr + 2.25%04.17% $0.959603.41% | $0.783303.98% $0.91 15@cy+5@ry6.22%2025feb15008%3.40%008%2.43%28,375Non-Cumulative ACTSWHC16.9712,000,000National_bank_SRS_33
www.canadianpreferredshares.ca - Rank National Bank Preferreds

Additional Information

Continue to Rank National Bank Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Prospectus Information