Companies: 10,795·Total market cap: $144.5T
National Bank of Canada

National Bank of Canada

NA.TOTSXFinancial Services● Active
$204.80
+$0.45(+0.22%)
Market Cap$78.9B
P/E Ratio—
52W High$214.78
52W Low$133.41
Cash on HandFinancialsRevenue

National Bank of Canada (NA.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

NA.TO · cash on hand · updated Oct 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$33.20B▼ -7.1% vs prior year
FY · as of Oct 31, 2025 · Reported in CAD
Cash & Cash Equiv. (CCE)
$27.92B
cashAndCashEquivalents
Short-Term Investments
$5.28B
shortTermInvestments
YoY Change vs Prior Year
-7.1%
vs prior fiscal year
Latest Quarter
$43.43B
Q2 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: October 31, 2025

Net cash vs debt

Cash & ST Investments$33.20BCash on Hand
Total Debt$149.84BTotal Debt
Net Cash / Net Debt−$116.65BNet Debt Position
Cash vs Debt Ratio
Cash 18%Debt 82%

National Bank of Canada carries a net debt position of $116.65B. Total debt ($149.84B) exceeds cash on hand ($33.20B). National Bank of Canada cash vs debt ratio: 18% cash / 82% debt.

Net Cash = Cash & ST Investments − Total Debt$33.20B − $149.84B = −$116.65B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
NA.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Oct 31, 2025Latest$33.20B-7.1%
Oct 31, 2024$35.75B-8.7%
Oct 31, 2023$39.14B+7.7%
Oct 31, 2022$36.34B-1.3%
Oct 31, 2021$36.81B+6.1%
NA.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Financial Services Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$1.48T176.4%#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$373.31B35.5%
#3
National Bank of Canada
National Bank of CanadaYOU
NA.TO
$33.20B42.0%
#4
Visa Inc.
Visa Inc.
V
$21.99B3.6%#5
Mastercard Incorporated
Mastercard Incorporated
MA
$10.90B2.5%
Financial Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

National Bank of Canada (NA.TO) cash on hand as of October 31, 2025 is $33.20B, comprising $27.92B in cash and cash equivalents (CCE) plus $5.28B in short-term investments — reported as National Bank of Canada cash and short-term investments on the balance sheet (10-K filing). Also referred to as National Bank of Canada cash reserves or cash position.

National Bank of Canada annual cash on hand history shows decreased -7.1% in 2025: decreased -7.1% in 2025. National Bank of Canada cash reserves in 2025 reflect the company's capital allocation strategy.

National Bank of Canada carries total debt of $149.84B against cash of $33.20B, resulting in a net debt position of -$116.65B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

NA.TO cash on hand · 5 questions

As of October 31, 2025, National Bank of Canada (NA.TO) has $33.20B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $27.92B in cash and cash equivalents (CCE) plus $5.28B in short-term investments. Latest quarter (April 30, 2026): $43.43B. Data sourced from the annual 10-K filing via FMP.

NA.TO cash on handNA.TO cash reservesNA.TO cash 2025how much cash does NA.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · National Bank of Canada · National Bank of Canada SEC 10-K & 10-Q filings · US GAAP · Last updated: October 31, 2025