National Bank of Canada closed 11.4% below its 52-week high of C$141.15, which the company reached on December 3rd.

Bank of America Securities initiated coverage of National Bank of Canada (OTCPK:NTIOF) with a Buy rating, as analyst Ebrahim H. Poonawala sees a significant opportunity for the bank to boost its business beyond its home turf of Quebec.

National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.

National Bank of Canada closed 12.5% below its 52-week high of C$141.15, which the company reached on December 3rd.

Among Canadian banking stalwarts, 2 smaller banks have some of the best growth upside, partly due to their size.