Banking

TD’s Q2 credit losses top $3B Fallback Image Decorative pattern

Economic Indicators

TD’s Q2 credit losses top $3B

The bank recorded a $1.5-billion profit, down from $3.2 billion a year ago

By The Canadian Press |May 28, 2020

2 min read

Profit plunges for RBC in Q2 Fallback Image Decorative pattern

Industry

Profit plunges for RBC in Q2

The bank’s loan loss provisions grew by $2.4 billion in the quarter

By The Canadian Press |May 27, 2020

2 min read

BMO’s Q2 profits slump as loan loss provisions top $1 billion Fallback Image Decorative pattern

Industry

BMO’s Q2 profits slump as loan loss provisions top $1 billion

The bank still reported a profit of $1.00 per share for the quarter

By The Canadian Press |May 27, 2020

2 min read

Net income down 33% for National Bank in Q2 Fallback Image Decorative pattern

Industry

Net income down 33% for National Bank in Q2

Despite the plunge, the bank beat analysts’ expectations

By The Canadian Press |May 26, 2020

1 min read