National Bank raises prime rate as investors assess National Bank of Canada stock

Published on 10/29/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The bank lifted its prime rate by 25 basis points to 4.70 percent effective October 29, 2026. National Bank of Canada stock costs EUR 135.30.

Prime rate and stock context

National Bank announced a 25-basis-point prime-rate increase on October 28, 2026.
The new 4.70 percent rate became effective October 29, 2026.
National Bank of Canada stock traded at EUR 135.30 at 12:03 p.m. CET on October 29, 2026.

National Bank of Canada, CA6330671034, Illustration mit AI erstellt.

National Bank of Canada (ISIN CA6330671034) raised its prime rate by 25 basis points to 4.70 percent, effective October 29, 2026. The announcement was issued on October 28, 2026, and was carried in the original release from Newswire.

What changes for the bank

The 4.70 percent rate applies to the bank's Canadian prime-rate offering from October 29, 2026. The release describes the move as an increase in the bank's prime rate and does not quantify a projected effect on earnings, loan demand or net interest income.

National Bank of Canada operates through Personal and Commercial Banking, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The release said the bank had CAD 635.0 billion in assets as of July 31, 2026, and more than 37,000 employees.

Stock context and next date

The Toronto Stock Exchange listing was last quoted at CAD 211.73 on October 28, 2026. Its 52-week range was CAD 154.06 to CAD 237.13, putting the latest Toronto quote below the reported high while keeping the stock above its reported low.

At Lang & Schwarz, National Bank of Canada stock was trading at EUR 135.30 on October 29, 2026, at 12:03 p.m. CET. The bank's next scheduled results date is December 4, 2026, according to the event information shown on the company's topic page.