
MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045
BNKDCompany News
Canadian Banc Corp. announced its monthly distribution of $0.16063 per Class A share and $0.04958 per Preferred share, payable on January 9, 2026. The company invests in six Canadian banks and uses a covered call writing program to generate additional returns.
Bank of Montreal announced a quarterly dividend of $1.67 per share for Q1 2026, representing a 4 cent (2%) increase from the previous quarter and a 5% increase from the prior year.
UBS analysts have a cautiously optimistic outlook on Canadian banks, recommending buys on Royal Bank of Canada and National Bank of Canada due to their strong balance sheets and diversified business mix, while maintaining neutral ratings on the other four major banks amidst macroeconomic challenges.
There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

