Home » Archives

Posts Tagged ‘Bank of Montreal’

Page 1 of 912 3 4 5 »...Last »

Scotiabank Profits Rise 14%

Tuesday, August 31, 2010, 10:34
Carousel, News
81 views
Add a comment

Scotiabank has released their third quarter reports, and it shows that their third quarter profits has risen 14% to nearly $1.1 billion, even as capital markets division was hit by the same earnings decline experiences at other Canadian banks. Scotiabank is well known as being Canada’s most international bank, and their net income was the equivalent to ... Full story

Tags: analyst estimates, Bank of Montreal, capital markets division, cash earnings, credit losses, economic uncertainty, international banking, Loonie, quarter profits, quarter reports, quarterly dividend, Royal Bank of Canada, Scotiabank, stock market trading

RBC Posts 18% Profit Loss

Thursday, August 26, 2010, 10:50
Featured
420 views
Add a comment

Royal Bank of Canada (RBC) did not meet analyst expectations as it reported an 18% drop in the third quarter net income, due to a major drop in profits from its capital markets division. Canada’s largest bank has earned $1.28 billion in the quarter that recently ended, however it is down from the record $1.56 billion earned ... Full story

Tags: analyst expectations, Bank of Montreal, bank subsidiary, banking sector, BMO, canadian imperial bank, canadian imperial bank of commerce, CIBC, credit crisis, credit losses, firstcaribbean international bank, loan losses, mccaughey, personal lending, quarter revenue, quarterly dividend, regulatory environment, third quarter results

CIBC Reports Increase in Profits

Wednesday, August 25, 2010, 10:00
Carousel, News
320 views
Add a comment

Canadian Imperial Bank of Commerce (CIBC) has released their third quarter results, and it shows an increase in profits from the same period a year ago. This increase in profits is all thanks to strong gains seen in its personal and business banking divisions and shrinking provisions for bad loans. CIBC has ... Full story

Tags: analyst expectations, Bank of Montreal, bank subsidiary, banking sector, BMO, canadian imperial bank, canadian imperial bank of commerce, CIBC, credit crisis, credit losses, firstcaribbean international bank, loan losses, personal lending, quarter revenue, quarterly dividend, third quarter results

BMO Profits up 17%

Tuesday, August 24, 2010, 10:58
Carousel, Featured
167 views
Add a comment

Bank of Montreal (BMO) reported a $669 million profit in the third quarter, which is an increase shown from the same period last year however it is still falling short of analyst expectations. BMO is the first major Canadian bank to report its third quarter results; BMO has noted that its cash ... Full story

Banks Lower Mortgages

Tuesday, August 17, 2010, 9:18
Budgeting, Carousel, Finance, Mortgages
205 views
Add a comment

Five of Canada’s major banks have reduced their mortgage rates by one tenth of a percentage point. The popular five year closed mortgage rate will not sit at 5.49% annually at the Royal Bank of Canada (RBC), Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC) and National Bank of Canada (NBC). RBC took the ... Full story

Tags: Bank of Montreal, BMO, bond markets, canadian banks, canadian imperial bank, CIBC, fixed mortgages, imperial bank of commerce, Mortgage Rates, national bank of canada, prime rates, rbc bank, Royal Bank of Canada, Scotiabank, silver linings, td bank, variable rate mortgage

Banks Decrease Mortgage Rates

Saturday, August 7, 2010, 8:23
Carousel, Finance, Mortgages
209 views
Add a comment

This week we saw big banks make adjustments to their mortgage rates. The banks which I will be focusing on is the Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CIBC), Toronto Dominion Bank (TD) and National Bank of Canada (NBC). The rate adjustments made were decreasing certain mortgages; these decreases ranged from 0.10% - 0.30%. ... Full story

Tags: ample time, Bank of Montreal, BMO, canadian imperial bank, canadian imperial bank of commerce, CIBC, fixed mortgage, home buying season, housing sales, imperial bank of commerce, mortgage rate, national bank of canada, overnight rate, pre approved mortgage, rate adjustments, residential mortgage rates, toronto dominion bank

Unemployment Rate Rises

Friday, August 6, 2010, 8:29
Carousel, News
154 views
Add a comment

A key factor in Canada’s recovery stalled last month as we saw the economy shed 9,300 net jobs, and the unemployment rates rose for the first time in almost a year. Statistics Canada has reported that the economy has shed 139,000 full time jobs, though not all of the jobs were lost, many of the jobs ... Full story

Tags: Bank of Montreal, disappearance, douglas porter, economic activity, education sector, fundamental shift, jobless rate, jump start, part time work, payback, recession, short space, softness, statistics canada, time category, time jobs, unemployment rate, unemployment rates

BMO Survey Shows Canadian Businesses feel Economic Recovery is Underway

Wednesday, August 4, 2010, 8:21
Carousel, Finance, Investing
182 views
Add a comment

A BMO study released today shows that 77% of Canadian business owners are feeling that an economic recovery is underway. The positive view of the economy is marked by 80% saying they are actively investing in and/or spending on their business, which indicates a renewed focus on opportunities for growth. Highlights in ... Full story

Tags: atlantic canada, Bank of Montreal, bmo bank of montreal, canadian business, canadian businesses, consumer confidence, economic recovery, expansions, global markets, hariss, investment priorities, negative outcomes, sales and marketing, senior vice president, top priority, western canada

Banks and Businesses Open Despite Saturday’s Events

Monday, June 28, 2010, 9:53
Carousel, News
287 views
Add a comment

After the events of the G20 summit, Canada’s big banks are almost ready for normal business in Toronto’s downtown core. Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Scotiabank have all reported that all of their bank branches will be open today. A TD Canada Trust branch located ... Full story

Tags: acts of violence, bank branches, Bank of Montreal, BMO, canada trust branch, canadian imperial bank of commerce, CIBC, g20 summit, independent businesses, large corporations, Royal Bank of Canada, Scotiabank, td canada trust

Bank Decrease Residential Mortgage Rates

Friday, June 25, 2010, 9:03
Carousel, Finance, Mortgages
428 views
Add a comment

Today we have major banks making adjustments to their residential mortgage rates, which will take effect June 25th, 2010. The adjustments made today is decreasing mortgage rates by 0.10%, which is somewhat of a surprise seeing as the Bank of Canada recently increased the overnight rate by 0.25% to 0.50%. The banks, which have made this change, ... Full story