National Bank of Canada Tangible Net Worth Ratio
National Bank of Canada tangible net worth ratio. National Bank of Canada (NA) has a Tangible Net Worth Ratio of 95.0% as of April 2026. This metric is calculated by deducting intangible assets (CA$1.69 Billion) from net assets (CA$33.58 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is National Bank of Canada's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of National Bank of Canada (1993–2025)
Tangible net worth ratio of National Bank of Canada from 1993 to 2025. This chart shows how National Bank of Canada's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of April 2026, the ratio stands at 95.0%, reflecting net assets of CA$33.58 Billion with intangible assets of CA$1.69 Billion CAD. See National Bank of Canada (NA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
National Bank of Canada Tangible Net Worth Ratio by Year (1993–2025)
National Bank of Canada tangible net worth ratio by year from 1993 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for National Bank of Canada from 1993 to 2025, covering 33 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see National Bank of Canada stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | CA$33.77 Billion | CA$1.75 Billion | CA$576.92 Billion | ▼ -0.4 pp |
| 2024 | 95.2% | CA$25.55 Billion | CA$1.23 Billion | CA$462.23 Billion | ▲ +0.5 pp |
| 2023 | 94.7% | CA$23.68 Billion | CA$1.26 Billion | CA$423.58 Billion | ▲ +0.9 pp |
| 2022 | 93.7% | CA$21.75 Billion | CA$1.36 Billion | CA$403.74 Billion | ▲ +0.6 pp |
| 2021 | 93.2% | CA$18.68 Billion | CA$1.27 Billion | CA$355.62 Billion | ▲ +1.9 pp |
| 2020 | 91.2% | CA$16.38 Billion | CA$1.43 Billion | CA$331.62 Billion | ▲ +0.5 pp |
| 2019 | 90.7% | CA$15.14 Billion | CA$1.41 Billion | CA$281.46 Billion | ▼ -0.1 pp |
| 2018 | 90.8% | CA$14.36 Billion | CA$1.31 Billion | CA$262.47 Billion | ▲ +0.6 pp |
| 2017 | 90.3% | CA$12.75 Billion | CA$1.24 Billion | CA$245.02 Billion | ▼ -0.3 pp |
| 2016 | 90.6% | CA$12.10 Billion | CA$1.14 Billion | CA$232.21 Billion | ▼ -0.1 pp |
| 2015 | 90.7% | CA$11.36 Billion | CA$1.06 Billion | CA$216.09 Billion | ▲ +0.2 pp |
| 2014 | 90.5% | CA$10.50 Billion | CA$998.00 Million | CA$205.43 Billion | ▲ +0.5 pp |
| 2013 | 90.0% | CA$8.95 Billion | CA$898.00 Million | CA$188.22 Billion | ▼ -0.6 pp |
| 2012 | 90.6% | CA$8.24 Billion | CA$778.00 Million | CA$177.90 Billion | ▼ -1.4 pp |
| 2011 | 91.9% | CA$7.50 Billion | CA$607.00 Million | CA$166.85 Billion | ▼ -5.4 pp |
| 2010 | 97.3% | CA$17.85 Billion | CA$480.00 Million | CA$154.75 Billion | ▲ +2.5 pp |
| 2009 | 94.8% | CA$7.67 Billion | CA$397.00 Million | CA$132.14 Billion | ▼ -2.7 pp |
| 2008 | 97.6% | CA$7.54 Billion | CA$183.00 Million | CA$129.33 Billion | ▲ +0.6 pp |
| 2007 | 97.0% | CA$5.60 Billion | CA$169.00 Million | CA$113.08 Billion | ▲ +0.3 pp |
| 2006 | 96.7% | CA$5.36 Billion | CA$177.00 Million | CA$116.80 Billion | ▲ +0.2 pp |
| 2005 | 96.5% | CA$5.08 Billion | CA$178.00 Million | CA$107.60 Billion | ▲ +0.4 pp |
| 2004 | 96.1% | CA$4.57 Billion | CA$180.00 Million | CA$88.81 Billion | ▲ +14.5 pp |
| 2003 | 81.6% | CA$4.50 Billion | CA$828.00 Million | CA$82.42 Billion | ▼ -0.1 pp |
| 2002 | 81.7% | CA$4.39 Billion | CA$804.00 Million | CA$74.59 Billion | ▼ -6.8 pp |
| 2001 | 88.5% | CA$4.60 Billion | CA$529.00 Million | CA$75.97 Billion | ▼ 0.0 pp |
| 2000 | 88.5% | CA$4.30 Billion | CA$492.00 Million | CA$75.83 Billion | ▼ -0.7 pp |
| 1999 | 89.2% | CA$3.74 Billion | CA$403.00 Million | CA$69.80 Billion | ▲ +0.4 pp |
| 1998 | 88.8% | CA$3.22 Billion | CA$359.00 Million | CA$70.66 Billion | ▼ -1.4 pp |
| 1997 | 90.3% | CA$3.23 Billion | CA$314.00 Million | CA$66.23 Billion | ▲ +2.0 pp |
| 1996 | 88.3% | CA$2.54 Billion | CA$298.00 Million | CA$53.13 Billion | ▲ +2.4 pp |
| 1995 | 85.9% | CA$2.36 Billion | CA$333.00 Million | CA$48.91 Billion | ▼ -3.6 pp |
| 1994 | 89.5% | CA$2.36 Billion | CA$247.60 Million | CA$44.77 Billion | ▲ +0.1 pp |
| 1993 | 89.4% | CA$2.01 Billion | CA$213.00 Million | CA$42.73 Billion | — |