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National Bank of Canada Q4 adjusted earnings Beat Estimates

National Bank of Canada (NA.TO) announced a profit for its fourth quarter that increased from last year.

The company's bottom line totaled C$550 million, or C$1.52 per share. This compares with C$506 million, or C$1.39 per share, in last year's fourth quarter.

Excluding items, National Bank of Canada reported adjusted earnings of C$569 million or C$1.53 per share for the period.

Analysts had expected the company to earn C$1.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.5% to C$1.81 billion from C$1.70 billion last year.

National Bank of Canada earnings at a glance:

-Earnings (Q4): C$569 Mln. vs. C$531 Mln. last year.
-EPS (Q4): C$1.53 vs. C$1.40 last year.
-Analysts Estimate: C$1.52
-Revenue (Q4): C$1.81 Bln vs. C$1.70 Bln last year.

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