National Bank of Canada (TSX:NA)
C$ 113.97 -0.74 (-0.65%) Market Cap: 38.73 Bil Enterprise Value: 64.06 Bil PE Ratio: 12.10 PB Ratio: 1.75 GF Score: 77/100
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National Bank of Canada at RBC Capital Markets Canadian Bank CEO Conference Transcript

Jan 09, 2024 / 03:10PM GMT
Release Date Price: C$100.77 (-0.81%)
Darko Mihelic
RBC Capital Markets, Research Division - MD & Equity Analyst

(technical difficulty) National Bank. I have Laurent Ferreira here, the CEO of National Bank.

Questions & Answers

Darko Mihelic
RBC Capital Markets, Research Division - MD & Equity Analyst

And I think Laurent, to start -- we might as well start where we've been starting with the other CEOs, which is the big change in interest rate expectations and sort of how to think about things for National Bank? And in particular, I think I want to really dig into your NIM and NII outlook for 2024.

And maybe walk us through -- because you had a very good performance in NIM, frankly, on a relative basis in 2023. But if we get an aggressive rate reduction campaign happening in both countries, how should we think about that for your bank?

Laurent Ferreira
National Bank of Canada - President, CEO & Director

Absolutely. And thank you very much for having me. When you look at our rates, I think we should expect short-term

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