National Bank of Canada (NA) — Cash Flow Reinvestment Rate
National Bank of Canada (NA) has a Cash Flow Reinvestment Rate of 0.58x as of April 2026, reinvesting CA$2.19 Billion (capex CA$47.00 Million plus investments CA$-2.15 Billion) from operating cash flow of CA$3.78 Billion. Check earnings quality score of National Bank of Canada to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
National Bank of Canada Cash Flow Reinvestment Rate (1993–2025)
Historical reinvestment intensity for National Bank of Canada across 24 annual periods. Explore NA strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for National Bank of Canada (1993–2025)
Year-by-year capital reinvestment analysis for National Bank of Canada. For live market cap and broader valuation context, see National Bank of Canada (NA) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.56x | CA$7.21 Billion | CA$4.63 Billion | CA$502.00 Million | ▼ -10.0% |
| 2024 | 1.73x | CA$8.04 Billion | CA$4.65 Billion | CA$703.00 Million | ▲ +1121.2% |
| 2023 | 0.14x | CA$731.00 Million | CA$5.17 Billion | CA$651.00 Million | ▼ -62.0% |
| 2021 | 0.37x | CA$2.25 Billion | CA$6.04 Billion | CA$217.00 Million | ▲ +110.8% |
| 2020 | 0.18x | CA$3.53 Billion | CA$19.98 Billion | CA$182.00 Million | ▼ -77.1% |
| 2019 | 0.77x | CA$6.40 Billion | CA$8.28 Billion | CA$144.00 Million | ▲ +167.3% |
| 2018 | 0.29x | CA$1.70 Billion | CA$5.86 Billion | CA$164.00 Million | ▼ -52.9% |
| 2017 | 0.61x | CA$934.00 Million | CA$1.52 Billion | CA$94.00 Million | ▼ -22.5% |
| 2016 | 0.79x | CA$4.31 Billion | CA$5.44 Billion | CA$51.00 Million | ▼ -6.5% |
| 2015 | 0.85x | CA$5.41 Billion | CA$6.38 Billion | CA$1.57 Billion | ▲ +2341.7% |
| 2014 | 0.03x | CA$144.00 Million | CA$4.15 Billion | CA$50.00 Million | ▼ -83.4% |
| 2013 | 0.21x | CA$146.00 Million | CA$696.00 Million | CA$146.00 Million | ▲ +131.7% |
| 2012 | 0.09x | CA$176.00 Million | CA$1.94 Billion | CA$176.00 Million | ▼ -29.8% |
| 2011 | 0.13x | CA$268.00 Million | CA$2.08 Billion | CA$268.00 Million | ▲ +184.7% |
| 2007 | 0.05x | CA$119.00 Million | CA$2.63 Billion | CA$119.00 Million | ▼ -77.2% |
| 2004 | 0.20x | CA$56.00 Million | CA$282.00 Million | CA$56.00 Million | — |
| 2000 | 0.00x | CA$0.00 | CA$1.00 Billion | CA$0.00 | ▼ -100.0% |
| 1999 | 0.38x | CA$238.00 Million | CA$625.00 Million | CA$238.00 Million | ▲ +148.3% |
| 1998 | 0.15x | CA$48.00 Million | CA$313.00 Million | CA$48.00 Million | ▲ +355.1% |
| 1997 | 0.03x | CA$53.00 Million | CA$1.57 Billion | CA$53.00 Million | ▼ -97.7% |
| 1996 | 1.46x | CA$102.00 Million | CA$70.00 Million | CA$102.00 Million | ▲ +2464.1% |
| 1995 | 0.06x | CA$57.00 Million | CA$1.00 Billion | CA$57.00 Million | — |
| 1994 | 0.00x | CA$0.00 | CA$387.70 Million | CA$0.00 | ▼ -100.0% |
| 1993 | 0.10x | CA$52.00 Million | CA$531.40 Million | CA$52.00 Million | — |