Source Post

Morningstar gives a 1 star rating to National Bank!

Aug 18, 2026

The creator discusses Morningstar's one-star rating for National Bank, which suggests the stock is overvalued by 29-30%. Morningstar's concerns include potential impacts from tariffs on the Canadian economy, Quebec's reliance on US commerce, and the dependence of wealth management and capital markets revenue on a strong bull market. The creator contrasts this with the bank's strong performance metrics and dividend growth.

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Morningstar rates National Bank one-star and values it 29% lower than the current price, citing valuation concerns despite strong growth metrics.

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