National Bank Holdings (NBHC) Stock News

SNB Vice Chair said the recent increase in Swiss inflation is driven by oil products. The remark implies the central bank may see the inflation as temporary and supply-side, potentially reducing pressure to raise rates. The claim is and lacks official confirmation.

Swiss National Bank Vice Chairman said the franc has weakened recently but has remained stable in real terms since 2020.

The bank has initiated a share buyback program under a normal course issuer bid.

National Bank of Canada plans to repurchase up to 10 million shares, or roughly 2.6% of its outstanding stock. The buyback underscores management's view of the shares as undervalued and should provide ongoing support to the stock price.

National Bank of Canada confirms normal course issuer bid launch.

National Bank Investments announced the launch of four new funds, including ETF series, and a new ETF series for its Ultra Short-Term Fixed Income Fund. The funds cover covered call strategies, enhanced yield, and a target-date bond fund. They begin trading on the TSX today.

The board approved a normal course issuer bid to repurchase up to 10 million shares, about 2.6% of the public float, for cancellation. The program is capped at C$2.25 billion and can begin Oct. 9. Shares are up 21% year-to-date.

Moody's affirmed Saudi National Bank's Aa3 long-term deposit ratings with a stable outlook, citing the bank's strong credit fundamentals and government backing.

SNB held at 0%, Riksbank at 1.75%, both as expected. Both central banks flagged readiness to act if energy-driven inflation intensifies. Switzerland and Sweden's low reliance on imported fossil fuels keeps their inflation relatively contained, diverging from the Fed and ECB. The krona's 4% drop against the euro in six months lifts the risk of faster Riksbank tightening. Markets price two SNB hikes by June 2027 and four Riksbank hikes by May 2027.

SNB Chairman Schlegel said the Swiss franc exchange rate is a challenge for the economy, though the real effective exchange rate has been stable since 2020.

National Bank of Canada reported Q3 adjusted EPS of C$3.39, above the C$3.21 estimate. Revenue of C$4.05B also topped the C$3.86B consensus. CET1 ratio was in line at 13.5%.