MONTREAL, Dec. 20, 2024 /CNW/ - National Bank (the "Bank") today announced the following senior leadership appointments in line with the Bank's strategic vision and accelerated growth in select markets, taking into account the context of the previously announced acquisition of Canadian Western Bank (CWB).

Michael Denham, Executive Vice-President, Commercial and Private Banking 1859, has been appointed Executive Vice-President and Vice-Chair, effective March 1, 2025. In this new capacity, Michael will be responsible for leading the integration of CWB and providing counsel to the CEO and Senior Leadership Team on strategic decisions and business opportunities to enhance the Bank's performance and competitive position. Michael will remain a member of the Senior Leadership Team, reporting to Laurent Ferreira, President and CEO.

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MONTREAL and EDMONTON, AB, Dec. 20, 2024 /CNW/ - National Bank of Canada ("National Bank") (TSX: NA) welcomes the decision by the federal Minister of Finance to approve the previously announced acquisition of Canadian Western Bank ("CWB") (TSX: CWB).

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

MONTREAL, Dec. 18, 2024 /CNW/ - National Bank of Canada (the "Bank") today announced its intention to redeem all of its 12,000,000 issued and outstanding Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 32 (the "Series 32 Shares") on February 15, 2025, for cash at a redemption price of $25.00 per share, together with all declared and unpaid dividends.

The quarterly dividend of $0.2399375 per Series 32 Share declared on December 3, 2024 is the final dividend on the Series 32 Shares, and is payable in the usual manner on February 15, 2025 to shareholders of record on January 6, 2025, as previously announced.

MONTREAL, Dec. 18, 2024 /CNW/ - National Bank Investments Inc. (‟NBI") announced today the December 2024 cash distribution amounts per unit for all NBI exchange-traded funds (‟NBI ETFs").

Unitholders of record on December 30, 2024, will receive cash distributions on January 7, 2025, as detailed in the table below.

ETF Name

Ticker Symbol (TSX)

Cash Distribution

per Unit

Payment Frequency

NBI Liquid Alternatives ETF

NALT

$0.000000

Quarterly

NBI Global Real Assets Income ETF

NREA

$0.000000

Monthly

NBI Active Canadian Preferred Shares ETF

NPRF

$0.112456

Monthly

NBI Unconstrained Fixed Income ETF

NUBF

$0.111752

Monthly

NBI High Yield Bond ETF

NHYB

$0.121217

Monthly

NBI Sustainable Canadian Bond ETF

NSCB

$0.032946

Monthly

NBI Sustainable Canadian Equity ETF

NSCE

$0.075199

Quarterly

NBI Sustainable Global Equity ETF

NSGE

$0.298610

Annual

NBI Global Private Equity ETF

NGPE

$0.783680

Annual

NBI Sustainable Canadian Corporate Bond ETF

NSCC

$0.067966

Monthly

NBI Active U.S. Equity ETF

NUSA

$0.000000

Quarterly

NBI Active International Equity ETF

NINT

$0.312627

Annual

NBI Sustainable Canadian Short Term Bond ETF

NSSB

$0.033511

Monthly

NBI Canadian Dividend Income ETF

NDIV

$0.069321

Monthly

MONTREAL, Dec. 18, 2024 /CNW/ - National Bank Investments Inc. (‟NBI") announced today the annual reinvested capital gains and/or net income distribution amounts (the "reinvested distributions") to be paid for 2024 to unitholders of NBI exchange-traded funds (‟NBI ETFs"), as indicated in the table below.

Unitholders of record on December 30, 2024, will receive the reinvested distributions on January 7, 2025. These distributions will be reinvested and the resulting units will be immediately consolidated. The number of units held by each investor will not change but the adjusted cost base of the units will increase according to the amounts reinvested. Investors holding their units outside of registered plans will therefore have taxable amounts to report.

MONTREAL, Dec. 11, 2024 /CNW/ - National Bank of Canada announces a decrease in its prime rate by 50 basis points to 5.45%, effective December 12, 2024.

About National Bank of Canada

With $462 billion in assets as at October 31, 2024, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media.

MONTREAL, Dec. 10, 2024 /CNW/ - National Bank of Canada (TSX: NA) today released a revision to its Supplementary Financial Information for the fiscal years ended October 31, 2024 and 2023 and related quarters.

Effective November 1, 2024 the Bank is discontinuing the presentation of revenues on a taxable equivalent basis ("TEB").

The TEB presentation is less relevant following the introduction of the Pillar 2 rules (global minimum tax) in the first quarter of 2025 and of Bill C-59 regarding the taxation of certain Canadian dividends earlier in 2024. This change has no impact on Net income previously reported. The information for the fiscal years ended October 31, 2024 and 2023 and related quarters has been adjusted to reflect the change.

MONTREAL, Dec. 4, 2024 /CNW/ - National Bank of Canada's (TSX: NA) Board of Directors announces an increase of 4 cents per common share to $1.14 per common share for the quarter ending January 31, 2025. This dividend is payable on February 1, 2025, to common shareholders of record on December 30, 2024.

The Board of Directors also declares quarterly dividends on the following series of first preferred shares. These dividends are payable on February 15, 2025, to first preferred shareholders of record on January 6, 2025.

The financial information reported in this document is based on the unaudited interim condensed Consolidated Financial Statements for the fourth quarter of fiscal 2024 and on the audited annual Consolidated Financial Statements for the year ended October 31, 2024 and is prepared in accordance with International Financial Reporting Standards (IFRS® Accounting Standards) as issued by the International Accounting Standards Board (IASB), unless otherwise indicated. IFRS Accounting Standards represent Canadian generally accepted accounting principles (GAAP). All amounts are presented in Canadian dollars.

MONTREAL, Nov. 29, 2024 /CNW/ - National Bank Investments Inc. ("NBI") announces today the final proceeds relating to the termination of the NBI Canadian Family Business ETF (ticker symbol: NFAM) (the "ETF") previously announced on September 12, 2024.

The units of the ETF were delisted from the Toronto Stock Exchange on November 26, 2024. The proceeds from the liquidation of the assets, less all liabilities and expenses incurred in connection with this termination (the "Termination Proceeds") are as follows:

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CWB Preferred Shares Series 5 & 9: Approved

CWB Limited Recourse Capital Notes Series 1 & 2: Approved

MONTREAL and EDMONTON, AB, Nov. 28, 2024 /CNW/ - On October 16, 2024, National Bank of Canada (TSX: NA) ("National Bank") and Canadian Western Bank (TSX: CWB) ("CWB") announced a tier 1 capital reorganization, involving the amendments to the following CWB securities:

MONTREAL, Nov. 22, 2024 /CNW/ - National Bank Investments Inc. (‟NBI") announced today the estimated annual reinvested capital gain amounts to be paid for 2024 to unitholders of NBI Exchange-Traded Funds (‟NBI ETFs"), as indicated in the table below.

Unitholders of record on December 30, 2024, will receive the capital gain distributions on January 7, 2025. The capital gain distributions will be reinvested, and the resulting units will be immediately consolidated, so the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and will see an increase in the adjusted cost base of their units.

MONTREAL, Nov. 15, 2024 /CNW/ - National Bank Investments Inc. (‟NBI") announced today the November 2024 cash distribution amounts per unit for certain NBI Exchange-Traded Funds (‟NBI ETFs").

Unitholders of record on November 22, 2024, will receive cash distributions on November 29, 2024, as detailed in the table below.

ETF Name

Ticker Symbol(TSX)

Cash Distribution

Per Unit

Payment Frequency

NBI Global Real Assets Income ETF

NREA

$0.0500

Monthly

NBI Active Canadian Preferred Shares ETF

NPRF

$0.1000

Monthly

NBI Unconstrained Fixed Income ETF

NUBF

$0.0000*

Monthly

NBI High Yield Bond ETF

NHYB

$0.1050

Monthly

NBI Sustainable Canadian Bond ETF

NSCB

$0.0600

Monthly

NBI Sustainable Canadian Corporate Bond ETF

NSCC

$0.0600

Monthly

NBI Sustainable Canadian Short Term Bond ETF

NSSB

$0.0250

Monthly

NBI Canadian Dividend Income ETF

NDIV

$0.0700

Monthly

MONTREAL, Nov. 7, 2024 /CNW/ - National Bank Investments Inc. ("NBI") earns five LSEG Lipper Fund Awards Canada 2024 for the outstanding performance of several solutions.

"We are honoured to receive these Lipper Fund awards which highlight our ongoing commitment to offering Canadians robust investment solutions. As Canada's premier open architecture platform, our investment teams collaborate with top-tier portfolio managers to achieve strong performances, regardless of the market conditions we face," said Martin Felton, Vice-President, National Sales at NBI.

MONTREAL, Nov. 5, 2024 /CNW/ - National Bank of Canada (TSX: NA) will release its fourth quarter and fiscal 2024 results on Wednesday, December 4, 2024 at approximately 6:30 a.m. ET and will hold its financial community conference call the same day at 11:00 a.m. ET.

Presentation materials referenced during the call will be posted on the Bank's website at approximately 6:30 a.m. ET. The conference call will be accessible via live Internet broadcast or by telephone in listen-only mode at 1-800-806-5484 or 416-340-2217 with access code 8438144#.

MONTREAL, Nov. 4, 2024 /CNW/ - National Bank Investments Inc. (‟NBI") announces the launch of three new funds: the NBI Senior Loan Fund, the NBI Global Climate Ambition Fund, and the NBI Sustainable Global Bond Fund (the "NBI Funds").  

The NBI Funds' series are already available for purchase.

"With the launch of a thematic fund, an impact fund, and a senior loan fund, we continue to lead the way by offering clients dynamic and high growth investment opportunities. Aligned with our responsible investment philosophy and innovative approach, these new solutions not only address the increasing demand for sustainable products but also reaffirm our commitment to help investors meet their financial goals while making a difference for society and the planet," said Martin Felton, Vice President, National Sales at NBI.

MONTREAL, Oct. 23, 2024 /CNW/ - National Bank of Canada announces a decrease in its prime rate by 50 basis points to 5.95%, effective October 24, 2024.

About National Bank of CanadaWith $454 billion in assets as at July 31, 2024, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

MONTREAL and EDMONTON, AB, Sept. 26, 2024 /CNW/ -  National Bank of Canada ("National Bank") (TSX: NA) and Canadian Western Bank ("CWB") (TSX: CWB) today announced that National Bank received the Competition Bureau's clearance for National Bank's previously announced proposed acquisition of CWB. The proposed transaction also requires approval by the Office of the Superintendent of Financial Institutions and the Minister of Finance.

MONTREAL, Sept. 19, 2024 /CNW/ - Today, National Bank marks a milestone in its history as it officially inaugurates its new head office on the iconic Saint-Jacques Street in Montreal's business district. Construction of National Bank Place, which is the largest commercial real estate project in Montreal in 30 years, began in February 2019.

This building results from a vision that brings together more than 11,000 employees in a unique environment that promotes knowledge and collaboration and features modern, bright, technology-driven spaces. Standing at 40 storeys high, National Bank Place ranks among the city's tallest buildings and was built with sustainable development in mind. As the Bank celebrates its 165th anniversary, it continues to play an active role in boosting the economic vitality of downtown Montreal. Its new head office is sure to become a lasting feature of the neighbourhood and the business community.

TORONTO, Sept. 16, 2024 /CNW/ - Global X Investments Canada Inc. ("Global X") and National Bank Direct Brokerage ("NBDB") are pleased to announce today's launch of the 13th edition of the Biggest Winner trading competition (the "Biggest Winner"), a simulated exchange traded fund ("ETF") investment contest of Canadian-listed ETFs.

The Biggest Winner allows eligible Canadian investors to learn about trading in a simulated risk-free environment while competing for real cash prizes. Participants open a simulated online brokerage account that starts with a balance of $100,000 virtual Canadian dollars (no actual money will be traded). They can then use these fantasy funds to virtually trade any ETF listed on the Toronto Stock Exchange ("TSX") and Cboe Canada. Entry and participation in the contest are free, with no purchase necessary.