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

Businessmen are skeptical looking at stock market charts.

CEO Victor Dodig says the bank can cope with near-term stress

Toronto skyline in financial district

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

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

A calculator and pen on financial papers

Despite the plunge, the bank beat analysts’ expectations

Toronto skyline in financial district

The banking sector "will be picking up broken egg shells for a number of quarters," CEO says

Business and financial district in a city with pillars

Analysts are expecting an "ugly" quarter for banks due to programs rolled out amid Covid-19

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A sector-by-sector breakdown of how Canadian companies fared

The firm's assets under management dropped 7%

The Toronto-based firm reported a net loss of $1.1 billion