2017 has been "a record year for the bank," says president and CEO Vachon
Overall, the banks beat analyst projections and surprised to upside
The bank says common shareholders’ net income was $56.3 million and pre-tax, pre-provision income was $100.9 million, up 24% over last year
National Bank reports net income from wealth management of $106 million in the third quarter of 2017, a 31% increase from $81 million in the third quarter of last year. Also in wealth management, total revenues for Q3 were $403 million, compared to $361 million in the same quarter of 2016 — a $42-million or […]
Laurentian Bank of Canada has reported net income for Q3.
In the third quarter ended July 31, Scotiabank's total wealth management revenues were $847 million, compared to $818 million a year earlier
For the quarter, BMO AM's assets under management and administration increased $15 billion, or 2%, from a year ago
The bank announces a 5% hike to its quarterly dividend
Minimum wage hikes potentially hurt the most vulnerable workers
For the second quarter ended June 30, 2017, Desjardins Group reports an 11.4% increase in operating income, to $3.9 billion. Subsequently, Desjardins Group reached $581 million in surplus earnings before member dividends, up $154 million (36%) from the same quarter of 2016. In a release, the firm says the increase is due to the contribution […]