National Bank - M&A Summary and Business Overview

Financial ServicesCompany

National Bank M&A Summary

National Bank has acquired 2 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

National Bank’s largest acquisition to date was in 2024, when it acquired Canadian Western Bank for $3.8B. National Bank has acquired in 2 countries. The Company’s most targeted sectors include financial services (50%) and insurance (50%).

National Bank Business Overview

Where is National Bank headquartered?

National Bank is headquartered in Montreal, Quebec.

What is National Bank’s revenue?

National Bank disclosed revenue of 10,161M CAD for 2023 and 9,619M CAD for 2022.

How many employees does National Bank have?

National Bank has 28,916 employees.

What sector is National Bank in?

National Bank is a financial services company.

When was National Bank founded?

National Bank was founded in 1859.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

National Bank

National Bank of Canada

600 De La Gauchetière Street West 4th Floor,
Montreal, Quebec H3B 4L2
Canada,
www.nbc.ca

National Bank provides financial services through three business segments in Canada: Personal and Commercial Banking, Wealth Management, and Financial Markets. National Bank was incorporated in 1859 and is based in Montreal, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - - - 1 2
vol $3.8B $3.8B
Sell (0.0/yr) # 1 - - - - - 1
  3

Most Recent M&A

Company Date Value Type
Canadian Western Bank 2024-06-11 3.8B CAD Add-on Acquisition
Edmonton, Alberta · www.cwbank.com
Groupe NSIA 2015-07-15 - Add-on Acquisition
, Ivory Coast · www.groupensia.com
Wellington West Financial Services, Inc. 2012-08-29 - Divestiture
, British Columbia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (50%) 3.8B (100%) 1 (100%) -
Insurance 1 (50%) - - -
Total 2 $3.8B 1 -

By Geo

State/Country Buy Value Sell Value
Canada 1 3.8B 1 -
  Alberta 1 3.8B - -
  British Columbia - - 1 -
Ivory Coast 1 - - -
Domestic 1 (50%) 3.8B (100%) 1 (100%) -
Cross-border 1 (50%) - - -
Total 2 $3.8B 1 -

Top M&A Advisors

Legal Deals
McCarthy Tétrault
1
Mayer Brown
1

Deal Values

buy # Total
> $1B 1 $3.8B
TOTAL $3.8B
Largest Canadian Western Bank
$3.8B (2024-06-11)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)
Divested to
Strategic(s)
100%
1 (100%)

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