Earnings

Scotiabank CEO earned 8% more in 2016 Fallback Image Decorative pattern

Industry

Scotiabank CEO earned 8% more in 2016

Find out why Brian Porter, president and CEO of Scotiabank, received a bump in his pay.

By Staff |March 3, 2017

2 min read

Bank earnings roundup Fallback Image Decorative pattern

Industry

Bank earnings roundup

Over the last two weeks, Canada's major banks reported earnings.

By Staff |March 3, 2017

1 min read

TD Bank profit gains 14% year-over-year Fallback Image Decorative pattern

Industry

TD Bank profit gains 14% year-over-year

For the first quarter ending January 31, 2017, TD Bank has reported profit of $2.53 billion, up almost 14% compared with the same quarter a year earlier. The increase reflects growth across all segments, says the bank’s report to shareholders. The bank’s Canadian retail net income, which includes its Canadian personal and commercial banking, wealth […]

By Staff, with files from The Canadian Press |March 2, 2017

2 min read

National Bank reports 31% increase in wealth management income Fallback Image Decorative pattern

Industry

National Bank reports 31% increase in wealth management income

National Bank reports net income of $497 million for Q1 2017, compared to $261 million for Q1 2016. The $236-million increase is explained by the bank’s writeoff of its equity interest in associate Maple Financial Group Inc. during the first quarter of 2016, which accounted for $164 million, or $145 million net of income taxes. […]

By Staff |March 1, 2017

1 min read