Earnings

TD Bank reports 12% quarterly profit gain Fallback Image Decorative pattern

Industry

TD Bank reports 12% quarterly profit gain

The bank ends a bullish earnings season with a $3.1-billion profit

By Staff, with files from The Canadian Press |September 6, 2018

2 min read

Laurentian Bank net income flat in Q3 Fallback Image Decorative pattern

Industry

Laurentian Bank net income flat in Q3

Laurentian Bank of Canada’s net income was virtually flat in the third quarter compared with last year at $54.9 million, as the company recorded acquisition-related costs and other expense increases that offset 5% higher revenue. The Montreal-based company’s net income per share amounted to $1.23, which was down from $1.48 per share or $54.8 million […]

By Staff, with files from The Canadian Press |September 4, 2018

1 min read

National Bank reports 10% increase in Q3 profit over last year Fallback Image Decorative pattern

Industry

National Bank reports 10% increase in Q3 profit over last year

National Bank has reported an increase in third-quarter profit of 10% year over year, with growth across all business segments. The bank’s net income for the quarter ended July 31 was $569 million, up from $518 million from the same quarter last year. The quarter’s diluted earnings per share were $1.52 compared to $1.37 in the third quarter […]

By Staff |August 29, 2018

2 min read

BMO’s profit rises in Q3 on strong U.S. results Fallback Image Decorative pattern

Industry

BMO’s profit rises in Q3 on strong U.S. results

BMO Financial Group topped expectations for its third-quarter results, boosted by strength in its U.S. operations. The bank said Tuesday it earned $1.54 billion for the quarter ended July 31, up from $1.39 billion in the same quarter a year ago. The profit amounted to $2.31 per share for the quarter, up from $2.05 per […]

By Staff |August 28, 2018

2 min read