Over the last two weeks, Canada’s major banks reported earnings–ending with TD Bank on March 2. Across the board, the banks reported healthy profits and AUM increases.
Check out this roundup if you missed any of the news.
TD Bank profit gains 14% year-over-year
National Bank reports 31% increase in wealth management income
BMO and Scotiabank report AUM, net income increases
Laurentian to open 23 advice-only branches
Desjardins Group reports 1.5% increase in operating income
RBC wealth management profit jumps 42%
CIBC wealth management profit gains 12%
HSBC Bank’s retail banking unit on solid footing
For more industry news, also read: Wealth management earnings roundup.