NTIOF - National Bank of Canada: Resilient Performance In Challenging Macroeconomic Environment
2024-06-04 18:27:37 ET
Summary
- National Bank of Canada has continued to see impressive earnings growth.
- While net interest income has come under pressure, the Financial Markets segment has continued to see non-interest income grow.
- I rate National Bank of Canada as a hold at this time.
Investment Thesis: I continue to rate the stock as a Hold for now, but see potential for longer-term upside....
National Bank of Canada: Resilient Performance In Challenging Macroeconomic Environment