National Bank of Canada stock falls 1.81 percent below 200-day line

Published on 10/07/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

National Bank of Canada stock traded at CAD 200.53 on October 7, 2026, while its 52-week high stood at CAD 237.13. A Hold consensus targets CAD 218.50.

National Bank of Canada, CA6330671034, Illustration mit AI erstellt.

National Bank of Canada stock (CA6330671034) was trading at CAD 200.53 on the Toronto Stock Exchange on October 7, 2026, at 11:13 a.m. EDT, down 1.81 percent from CAD 204.22. The move keeps the shares below the 200-day moving average that MarketBeat reported at CAD 210.79 on October 6, 2026.

Buyback starts October 8

The latest company action is a normal course issuer bid for up to 10,000,000 common shares, capped at CAD 2.25 billion. According to CNW Group on October 6, 2026, the program represents 2.6 percent of the 381,739,059 common shares outstanding on September 25, 2026.

The bid becomes effective on October 8, 2026, and can run until October 7, 2027. The bank said repurchased shares will be cancelled, linking the capital measure directly to the share count rather than to a new operating target.

Q3 earnings remain a support

National Bank reported third-quarter 2026 EPS of CAD 3.39, up 26 percent year over year, while revenue increased 18 percent. The figures come from the Q3 earnings call transcript published by Yahoo Finance.

The same third-quarter update showed a 16.8 percent increase in year-to-date EPS and a 16.8 percent return on equity. Capital Markets generated CAD 442 million of net income, up 32 percent year over year, while Wealth Management produced CAD 299 million, up 22 percent.

Consensus stays above the quote

According to MarketBeat on October 6, 2026, 11 analysts rated National Bank of Canada with three Buy and eight Hold ratings, producing a Hold consensus and an average target of CAD 218.50. At CAD 200.53, the price was 8.2 percent below that average target.

The market picture is mixed in a precise way: third-quarter profitability and the buyback offer support capital returns, while the move below CAD 210.79 puts the technical trend below a widely watched average. The 52-week range extends from CAD 148.87 to CAD 237.13.

National Bank stock remains below CAD 210.79

National Bank of Canada stock was trading at CAD 200.53 on the TSX on October 7, 2026, at 11:13 a.m. EDT, down 1.81 percent from the prior close of CAD 204.22.