National Bank of Canada (NA) — Capital Reinvestment Ratio
National Bank of Canada (NA) has a Capital Reinvestment Ratio of 0.18x as of October 2025, meaning it reinvests 0% of its operating cash flow (CA$1.01 Billion) in capital expenditures (CA$184.00 Million). See net asset quality index of National Bank of Canada to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
National Bank of Canada Capital Reinvestment Ratio (1993–2025)
This chart tracks National Bank of Canada's Capital Reinvestment Ratio across 22 annual periods. Check National Bank of Canada cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for National Bank of Canada (1993–2025)
Year-by-year Capital Reinvestment Ratio for National Bank of Canada from 1993 to 2025. For live market cap and broader valuation context, see National Bank of Canada market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | CA$4.63 Billion | CA$502.00 Million | ▼ -28.3% |
| 2024 | 0.15x | CA$4.65 Billion | CA$703.00 Million | ▲ +19.9% |
| 2023 | 0.13x | CA$5.17 Billion | CA$651.00 Million | ▲ +250.6% |
| 2021 | 0.04x | CA$6.04 Billion | CA$217.00 Million | ▲ +294.6% |
| 2020 | 0.01x | CA$19.98 Billion | CA$182.00 Million | ▼ -47.6% |
| 2019 | 0.02x | CA$8.28 Billion | CA$144.00 Million | ▼ -37.8% |
| 2018 | 0.03x | CA$5.86 Billion | CA$164.00 Million | ▼ -54.7% |
| 2017 | 0.06x | CA$1.52 Billion | CA$94.00 Million | ▲ +559.0% |
| 2016 | 0.01x | CA$5.44 Billion | CA$51.00 Million | ▼ -96.2% |
| 2015 | 0.25x | CA$6.38 Billion | CA$1.57 Billion | ▲ +1945.2% |
| 2014 | 0.01x | CA$4.15 Billion | CA$50.00 Million | ▼ -94.3% |
| 2013 | 0.21x | CA$696.00 Million | CA$146.00 Million | ▲ +131.7% |
| 2012 | 0.09x | CA$1.94 Billion | CA$176.00 Million | ▼ -29.8% |
| 2011 | 0.13x | CA$2.08 Billion | CA$268.00 Million | ▲ +184.7% |
| 2007 | 0.05x | CA$2.63 Billion | CA$119.00 Million | ▼ -77.2% |
| 2004 | 0.20x | CA$282.00 Million | CA$56.00 Million | ▼ -47.9% |
| 1999 | 0.38x | CA$625.00 Million | CA$238.00 Million | ▲ +148.3% |
| 1998 | 0.15x | CA$313.00 Million | CA$48.00 Million | ▲ +355.1% |
| 1997 | 0.03x | CA$1.57 Billion | CA$53.00 Million | ▼ -97.7% |
| 1996 | 1.46x | CA$70.00 Million | CA$102.00 Million | ▲ +2464.1% |
| 1995 | 0.06x | CA$1.00 Billion | CA$57.00 Million | ▼ -41.9% |
| 1993 | 0.10x | CA$531.40 Million | CA$52.00 Million | — |