Business Segments National Bank of Canada

Equities

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-02-11 EST			5-day change	1st Jan Change
173.41 ^CAD	+0.13%		+3.89%	+0.46%

02-11	BMO Brief: Latest Major Canadian Bank To Join Defence, Security And Resilience Bank (DSRB) Development Group	MT
02-10	National Bank Says March-April More Problematic Than February for Canada Provincial Bonds	MT

Breakdown by Business Segment (CAD)

Fiscal Period: October	2021	2022	2023	2024	2025
Diversified Commercial Banks
Personal and Commercial	3.68B	3.94B	4.28B	4.34B	4.68B
Total Assets	128B	147B	155B	165B	220B
Income Tax Expense	456M	474M	486M	509M	425M
EBT	1.72B	1.79B	1.77B	1.85B	1.54B
Net Income	1.27B	1.31B	1.28B	1.34B	1.11B
Capital Markets (Excluding USSF&I)	2.14B	2.49B	2.62B	2.98B	3.52B
Total Assets	150B	158B	179B	193B	232B
Income Tax Expense	333M	389M	401M	476M	394M
EBT	1.26B	1.47B	1.46B	1.73B	2.08B
Net Income	923M	1.08B	1.06B	1.25B	1.68B
Wealth Management	2.17B	2.37B	2.52B	2.79B	3.24B
Total Assets	7.15B	8.36B	8.67B	10.41B	12.59B
Income Tax Expense	236M	260M	271M	317M	357M
EBT	891M	981M	985M	1.15B	1.33B
Net Income	655M	721M	714M	837M	976M
U.S. Specialty Finance and International (USSF&I)	1.02B	1.04B	1.1B	1.23B	1.39B
Total Assets	16.15B	21.22B	25.31B	30.2B	35.19B
Income Tax Expense	146M	143M	146M	166M	185M
EBT	701M	700M	694M	794M	889M
Net Income	555M	557M	548M	628M	704M
Investment Funds
Other	-75M	-337M	-737M	-503M	-94M
Total Assets	62.5B	69.44B	56.09B	63.4B	77.79B
Income Tax Expense	-276M	-372M	-667M	-507M	-244M
EBT	-498M	-661M	-931M	-753M	-702M
Net Income	-222M	-289M	-264M	-245M	-458M

Geographical breakdown of sales (CAD)

Fiscal Period: October	2021	2022	2023	2024	2025
Canada	7.57B	7.98B	7.43B	7.89B	9.64B
Total Assets	301B	336B	348B	381B	486B
Income Tax Expense	687M	723M	371M	629M	666M
Net Income	2.45B	2.5B	1.8B	1.8B	2B
EBT	3.14B	3.22B	2.17B	2.43B	2.67B
Other	588M	773M	1.28B	1.8B	2.43B
Total Assets	35.24B	39.54B	45.54B	54.8B	58.93B
Income Tax Expense	75M	104M	198M	233M	351M
Net Income	291M	408M	764M	1.21B	1.69B
EBT	366M	512M	962M	1.45B	2.04B
United States	770M	756M	1.07B	1.14B	660M
Total Assets	27.3B	27.99B	29.97B	26.33B	32.36B
Income Tax Expense	133M	67M	68M	99M	100M
Net Income	434M	480M	774M	803M	322M
EBT	567M	547M	842M	902M	422M