$NA

Canaccord Genuity reiterated a Hold rating on Nano Labs Ltd. ADR (NA), with shares closing at $2.24. The company reported Q4 revenue of $27.01B and net profit of $135.47B, up from $7.93M revenue and a $27.98M loss last year. Insider sentiment is negative, with 33 insiders selling shares.

Canada’s Big 6 banks all beat Q3 earnings estimates, with EPS surprises ranging from +5.9% to +13.1%. Despite the beats, three banks saw stock declines, while Scotiabank surged. Analysts have raised EPS estimates, and tailwinds include stabilizing margins and strong capital markets. Forward growth estimates range from +7.7% to +12.4%.

Nano Labs Ltd (NA) reported H1 2026 net loss of RMB316.7M (USD46.5M), revenue down to RMB2.8M (USD0.4M). CEO Jianping Kong outlined AI-Web3 pivot, BNB as core digital asset reserve. CFO Bing Chen noted share repurchases totaling USD3.2M by August 2026. Operating expenses rose 39.8% YoY, driven by R&D and marketing.

Nano Labs Ltd (NA) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Nano Labs Announces First Half of 2026 Financial Results HONG KONG, August 28, 2026 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure provider and crypto treasury company, today announced its unaudit

Nano Labs Ltd (NA) reported a net loss of RMB316.7 million (US$46.5 million) for the first half of 2026, compared to RMB11.8 million in 2025. Revenue fell to RMB2.8 million (US$0.4 million) from RMB8.3 million. The company attributed the loss to market volatility in cryptocurrency values, particularly BNB. Nano Labs also announced a long-term reserve of 70,000 BNB and a share repurchase program totaling US$3.2 million.

Canada's major banks reported Q3 earnings, with all six beating analysts' expectations. Scotiabank (BNS) saw a 17% profit increase, BMO (BMO) reported a 25% decline but beat estimates, and RBC (RY) posted an 11% rise. National Bank (NA), CIBC (CM), and TD Bank (TD) also reported higher profits. Canadian bank stocks have risen 24% this year.

National Bank of Canada reported a 23% increase in Q3 net income to $1.31B, or $3.25 per share, exceeding analysts' expectations. Adjusted earnings were $3.39 per share, beating estimates. Revenue rose 18% to $4.05B, while expenses increased 9% to $2.09B. The bank set aside $246M for credit losses. Profits grew across personal/commercial banking, capital markets, and wealth management.

Canadian bank stocks have surged 24% this year, outperforming broader indices. Analysts expect 15% year-over-year EPS growth, driven by capital markets strength and loan demand. Earnings reports from major banks like Scotiabank (BNS) and RBC (RY) are due this week. Analysts caution about high valuations and economic uncertainty.

StockTargetAdvisor’s Aug 12, 2026 note highlights five TSX themes: Cargojet, Canadian banks, Montage Gold, Air Canada and CNQ. It cites analyst target hikes for Cargojet (Desjardins to C$135, Scotiabank to C$125, National Bank to C$112). For Air Canada, it says an Aeroplan minority deal is expected to raise about C$2.5B for debt repayment and buybacks, while Air Canada cut 2026 core profit guidance to C$2.9B–C$3.2B.

TD Cowen analyst Mario Mendonca (TD Cowen) warns Canadian bank multiples could compress as operating leverage and revenue growth moderate, citing CMRR growth slowing and flat NIMs in 2028. He raised targets for BMO, CIBC, and RBC, and adjusted BNS and NB. Raymond James analyst Stephen Boland also updated Big 6 targets. Desjardins analyst Benoit Poirier said Cargojet shares rose after results.