National Bank of Canada Achieves Revenue Synergies from Canada Western Bank Acquisition

National Bank of Canada has successfully achieved revenue synergies following its acquisition of Canada Western Bank. As one of the six largest Canadian banks, this group collectively holds over 90% of the nation's banking deposits. The bank is particularly focused on Canada, with roughly 81% of its revenue generated from domestic operations in 2025.

The bank's strategic focus on Canada has enabled it to realize significant revenue synergies from its acquisition of Canada Western Bank. This move further solidifies National Bank of Canada's position as the most Canadian-focused of the Big Six banks.