National Bank of Canada
National Bank of Canada HQ
The National Bank of Canada (or Banque Nationale du Canada), headquartered in Montreal, is the largest bank in province of Quebec and the seventh largest nationwide. With over 29,000 employees, 2.7 million customers, 370 domestic branches, 940 ATMs and subsidiary in Florida (USA), it provides a complete range of financial products and services including high interest savings and chequing accounts, personal and business loans, mortgages, student and auto loans, insurance products, low rate and no annual fee credit cards, and debit cards. It also offers corporate and investment banking, SME banking, securities brokerage, wealth management, mutual funds, retirement planning, online and mobile solutions and other services. The Bank is ranked among Montreal's Top Employers and Canada's Best Diversity Employers by Mediacorp. As of October 31, 2024, National Bank of Canada’s total assets, deposits and gross loans amounted to C$462 billion, C$334 billion and C$244 billion, respectively. The company’s shares are traded on the Toronto Stock Exchange (TSX), with a market capitalization of CAD 48 billion as of February 20, 2025.
Key Facts
| Total Revenue | C$11.4 billion (2024) |
| Net income | C$3.82 billion (2024) |
| Total assets | C$462 billion (2024) |
| Shareholders' equity | C$25.5 billion (2024) |
| Assets under management (AUM) | C$155.9 billion (2024) |
| Assets under administration (AUA) | C$766.1 billion (2024) |
| Number of employees (FTE) | 29,196 |
| Number of customers | 2.7 million individuals, 148,000 businesses |
Business segments:
Personal and Commercial Banking
Wealth Management
Financial Markets
U.S. Specialty Finance and International
Credit Ratings (Senior Debt):
Moody's: A2
Fitch: A+
DBRS: AA (low)
Standard & Poor's: BBB+
Ratings as of February 2025
Subsidiaries:
National Bank Investments (NBI)
National Bank Direct Brokerage
National Bank Financial
Private Banking 1859
National Bank Trust
NatBank Florida
Head office address:
National Bank Tower
4th Floor
600 De La Gauchetière
Street West, Montreal
Quebec H3B 4L2, Canada
Phone number: 1-514-394-5000
Website: www.nbc.ca