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: 2024Aug14. Dividend Payment Schedule: 2024FEB15 , 2024MAY15 , 2024AUG15 , 2024NOV15

Next Ex-Dividend Date: 2024OCT04. Ex Dividend Date Schedule: 2024JAN04 , 2024APR04 , 2024JUL05 , 2024OCT04


National Bank Preferred share Credit Ratings

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

A.M. Best FITCH S&P DBRS S&P Global Moody's
P-3 (high)PFD-2Ba1

National Bank Common Share Metrics

Symbol: NACurrency: CADMarket Cap: $38,292,738,750Price: $112.50
P/E: 11.67P/B: 1.71Dividend: $0.71Yield: 2.52%
Beta: 0.8200

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.

# of Preferred issues: 5Lowest Current Yield: NA-W @ 4.34%Highest Current Yield: NA-G @ 6.94%Average Current Yield: 6.11%
# of 5YR Reset issues: 55YR Reset Lowest Reset Yield: NA-S @ 5.97%5YR Reset Highest Reset Yield: NA-C @ 6.65%5YR Reset Average Reset Yield: 6.21%
Lowest Rate Change Percent: NA-C @ -2.000%Highest Rate Change Percent: NA-W @ 12.00%Average Rate Change Percent: 2.80%
Market Cap at Market Value: 1,607,260,000Market Cap at Face Value: 1,650,000,000Discount Amount: 42,740,000Discount Percent: 2.59%
Percent of Total Market Cap at Market Value: 2.94%Percent of Total Market Cap at Face Value: 2.50%


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

NOTE: Dividend dates are not fixed. The dates shown here are estimated and most likely a few days off. Do not make trades based on these dates. Always check with the issuer for the correct dates.

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

  1. Reset Date.
  2. Reset (Yield | Dividend). Represents the yield and dividend for the current issue after the upcoming reset. For this calculation it’s assumed the key rates are going to be the same as todays published rates. The reset yield is the sum of the key rate for the base term (5YR, 3Month, etc) plus the published spread. Since we do not know what the key rate will be at the time of the reset we assume its going to be the same as today. The ability to use a different set of rates during this caclulation is planned for a future release.
  3. Blended (Yield | Dividend).
  4. Rate Change Percent.
  5. Rate Change To Value.
  6. New Spread Change. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
(EST: UTC-05:00)Last Updated: Market Data 2024-Jul-19 17:19, Model Metrics 2024-Jul-20 09:51
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 $24.11$24.20$17.005YR + 2.40%06.42% $1.5478National_bank_SRS_30_
NA-W NA.PR.W CA6330672859 $22.12$22.51$15.755YR + 2.25%04.34% $0.9596National_bank_SRS_33
NA-C NA.PR.C CA6330672289 $25.50$25.80$23.515YR + 3.43%06.89% $1.7568National_bank_SRS_38
NA-E NA.PR.E CA6330671943 $24.27$24.41$18.735YR + 2.58%05.99% $1.4545National_bank_SRS_40
NA-G NA.PR.G CA63306A2056 $25.42$25.72$20.915YR + 2.77%06.94% $1.7640National_bank_SRS_42

Here is a Limited Version of the Premium - Compare Tool.

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

(EST: UTC-05:00)Last Updated: Market Data 2024-Jul-19 17:19, Model Metrics 2024-Jul-20 09:51
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/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesConverts ToYears To Double Initial InvestmentOutstanding FloatName
NA-S NA.PR.S CA6330673196 $24.11$24.20$17.005YR + 2.40%06.42% $1.547805.97% | $1.438706.41% $1.54 20@cy+0@ry7.06%2029-05-152024-08-142024-10-04003%5.97%2.48%34,177 Non-Cumulative ACTSWHC11.1414,000,000National_bank_SRS_30_
NA-W NA.PR.W CA6330672859 $22.12$22.51$15.755YR + 2.25%04.34% $0.959606.33% | $1.401206.03% $1.33 3@cy+17@ryN/A2025-02-152024-08-142024-10-04012%6.33%2.54%9,038 Non-Cumulative ACTSWHC16.3112,000,000National_bank_SRS_33
www.canadianpreferredshares.ca - Rank National Bank Preferreds

Additional Information

Continue to Rank National Bank Preferreds  page 2 of 4 where you can find

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