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NTIOF - National Bank Of Canada: Much Lower Provisions And Loan Deferrals Bode Well For 2021
December, 02 2020 10:26 AM
National Bank of Canada
National Bank's Q4 EPS was a bit lighter than expected due to a lower trading income and higher staff & technology expenses. It's interesting to see how the loan loss provisions are now just marginally higher than last year. The amount of loans under a deferral program has dropped from C$8B+ to less than C$2B on a QoQ basis. National Bank remains attractive but as I almost have a full position, I'm not chasing the stock here. For further details see:
National Bank Of Canada: Much Lower Provisions And Loan Deferrals Bode Well For 2021
Stock Information
Company Name:
National Bank of Canada
Stock Symbol:
NTIOF
Market:
OTC
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