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home / news releases / NTIOF - National Bank Of Canada: Trading At A Normalized 8X Earnings With A 5% Dividend Yield


NTIOF - National Bank Of Canada: Trading At A Normalized 8X Earnings With A 5% Dividend Yield

Introduction

The financial sector will undoubtedly be hit hard by the COVID-19 outbreak and I have been trying to look for banks that are trading cheap and could be added to a long-term portfolio. Canadian banks have had to deal with several problems that surfaced at the same time: COVID-19, an overheating residential real estate market and low oil prices that will see some banks have a tough time collecting loans in the energy sector. As the National Bank of Canada (NTIOF) (NTIFF) finished its Q2 at the end of April,

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Stock Information

Company Name: National Bank of Canada
Stock Symbol: NTIOF
Market: OTC

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