NBCDF
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers banking, financing, and investing services to individuals, adv… Read more
NBCDF (NBCDF) - Net Assets
Latest net assets as of October 2025: $33.77 Billion USD
Based on the latest financial reports, NBCDF (NBCDF) has net assets worth $33.77 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($576.92 Billion) and total liabilities ($543.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.77 Billion |
| % of Total Assets | 5.85% |
| Annual Growth Rate | 14.31% |
| 5-Year Change | 79.09% |
| 10-Year Change | N/A |
| Growth Volatility | 8.44 |
NBCDF - Net Assets Trend (2019–2025)
This chart illustrates how NBCDF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NBCDF (2019–2025)
The table below shows the annual net assets of NBCDF from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $33.77 Billion | +32.17% |
| 2024-10-31 | $25.55 Billion | +7.91% |
| 2023-10-31 | $23.68 Billion | +8.88% |
| 2022-10-31 | $21.75 Billion | +15.33% |
| 2021-10-31 | $18.86 Billion | +15.09% |
| 2020-10-31 | $16.38 Billion | +8.24% |
| 2019-10-31 | $15.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NBCDF's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 118.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.37 Billion | 60.31% |
| Other Components | $13.40 Billion | 39.69% |
| Total Equity | $33.77 Billion | 100.00% |
NBCDF Competitors by Market Cap
The table below lists competitors of NBCDF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stockland Corp Ltd
STU:LN1
|
$6.94 Billion |
|
Hanwha Systems Co Ltd
KO:272210
|
$6.94 Billion |
|
KINSALE CAP.GRP.INC. -01
F:KCH
|
$6.94 Billion |
|
The Federal Bank Limited
NSE:FEDERALBNK
|
$6.95 Billion |
|
Bouygues SA
PINK:BOUYF
|
$6.94 Billion |
|
KANZHUN LTD SP.ADS/2 CL.A
F:8JN
|
$6.93 Billion |
|
NINGBO SHANSHAN GDR/A
F:OJ8
|
$6.93 Billion |
|
Airtel Africa Plc
PINK:AARTY
|
$6.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NBCDF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,550,000,000 to 33,769,000,000, a change of 8,219,000,000 (32.2%).
- Net income of 4,017,000,000 contributed positively to equity growth.
- Dividend payments of 1,952,000,000 reduced retained earnings.
- Share repurchases of 513,000,000 reduced equity.
- New share issuances of 88,000,000 increased equity.
- Other factors increased equity by 6,579,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.02 Billion | +11.9% |
| Dividends Paid | $1.95 Billion | -5.78% |
| Share Repurchases | $513.00 Million | -1.52% |
| Share Issuances | $88.00 Million | +0.26% |
| Other Changes | $6.58 Billion | +19.48% |
| Total Change | $- | 32.17% |
Book Value vs Market Value Analysis
This analysis compares NBCDF's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.21x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.40x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-10-31 | $44.22 | $17.80 | x |
| 2020-10-31 | $48.75 | $17.80 | x |
| 2021-10-31 | $55.79 | $17.80 | x |
| 2022-10-31 | $64.60 | $17.80 | x |
| 2023-10-31 | $69.99 | $17.80 | x |
| 2024-10-31 | $74.98 | $17.80 | x |
| 2025-10-31 | $86.35 | $17.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NBCDF utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.66%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 17.08x
- Recent ROE (11.90%) is below the historical average (14.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.27% | 30.90% | 0.03x | 19.05x | $778.20 Million |
| 2020 | 12.46% | 25.85% | 0.02x | 20.25x | $403.00 Million |
| 2021 | 16.85% | 35.68% | 0.03x | 18.87x | $1.29 Billion |
| 2022 | 15.56% | 35.18% | 0.02x | 18.57x | $1.21 Billion |
| 2023 | 13.90% | 32.75% | 0.02x | 17.89x | $923.40 Million |
| 2024 | 14.94% | 33.46% | 0.02x | 18.09x | $1.26 Billion |
| 2025 | 11.90% | 28.66% | 0.02x | 17.08x | $640.10 Million |
Industry Comparison
This section compares NBCDF's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $245,254,219,103
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NBCDF (NBCDF) | $33.77 Billion | 15.27% | 16.08x | $6.94 Billion |
| ABN AMRO Bank N.V (AAVMY) | $27.04 Billion | 8.33% | 14.28x | $11.03 Billion |
| Agricultural Bank of China PK (ACGBY) | $290.54 Billion | 17.72% | 23.14x | $259.69 Billion |
| ANZ Group Holdings Limited (ANZGY) | $70.02 Billion | 10.15% | 14.79x | $48.69 Billion |
| Bank of America Corp (BAC) | $270.07 Billion | 11.84% | 10.74x | $338.02 Billion |
| Bank of China Ltd H (BACHF) | $861.54 Billion | 16.21% | 13.72x | $77.92 Billion |
| Banco Bilbao Vizcaya Argentaria S.A (BBVXF) | $4.73 Billion | 9.43% | 14.29x | $81.72 Billion |
| Banco Santander S.A (BCDRF) | $73.87 Billion | 12.11% | 14.03x | $86.81 Billion |
| Barclays PLC (BCLYF) | $808.57 Billion | 0.43% | 0.14x | $42.51 Billion |
| Bancorp. of Southern Indiana (BCSO) | $46.62 Million | 6.99% | 9.62x | $74.68 Million |
| The Bank of New York Mellon Corporation (BK) | $46.12 Billion | 7.84% | 9.18x | $79.57 Billion |