Banking industry

National Bank reports Q1 profit of $932M, boosted by trading revenue Fallback Image Decorative pattern

Industry

National Bank reports Q1 profit of $932M, boosted by trading revenue

Net income for the wealth management segment was up 11% year over year

By Staff, with files from The Canadian Press |February 25, 2022

3 min read

CIBC revenue growth outpaces expenses, proposes stock splits CIBC revenue growth outpaces expenses, proposes stock splits

Industry

CIBC revenue growth outpaces expenses, proposes stock splits

The wealth management business benefited from both market appreciation and client flows, the bank said Friday

By Staff, with files from The Canadian Press |February 25, 2022

3 min read

RBC reports $4.1B Q1 profit as wealth management net income increases 24% Fallback Image Decorative pattern

Market Insights

RBC reports $4.1B Q1 profit as wealth management net income increases 24%

Dave McKay said he expects monetary policy to tighten even as geopolitical tensions rise

By Staff, with files from The Canadian Press |February 24, 2022

4 min read

Outlook for interest rates, inflation are key trends as banks set to report earnings Outlook for interest rates, inflation are key trends as banks set to report earnings

Market Insights

Outlook for interest rates, inflation are key trends as banks set to report earnings

The results come as investors shift from growth stocks to more value-oriented options like banks

By Ian Bickis, The Canadian Press |February 22, 2022

2 min read