Posts Tagged ‘quarterly dividend’

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Scotiabank Profits Rise 14%

Scotiabank Profits Rise 14%
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

RBC Posts 18% Profit Loss

RBC Posts 18% Profit Loss
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

CIBC Reports Increase in Profits

CIBC Reports Increase in Profits
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

BMO Profits up 17%

BMO Profits up 17%
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

Scotiabank Profits Increases

Scotiabank Profits Increases
Scotiabank today announced its second quarter net income of $1.1 billion, which is an increase of $225 million of 26% compared to the second quarter in 2009. Quarter of quarter, net income has increased $109 million or 11%. Diluted earnings per share were $1.02, compared to the $0.81 in the same period last year. Revenue was ... Full story

BMO Reports 24% Revenue Increase

BMO Reports 24% Revenue Increase
Bank of Montreal has had a $657 million profit in its latest financial quarter as revenue increase by 24% from a period a year ago, with much of its Canadian operations being the cause of this lift. BMO’s overall revenue in the three months, which ended January 31st, has increase by $583 million from the comparable period ... Full story

Laurentian First to Raise Dividend

Laurentian First to Raise Dividend
Laurentian Bank has become the first of Canada’s larger banks to increase its dividend in more than a year, as it attempted to assure its shareholders that its record profits will continue in 2010. Laurentian Bank increased the quarterly dividend by about 6% or 2 cents to 36 ... Full story

National Bank of Canada 3Q Profits Rise

National Bank of Canada 3Q Profits Rise
National Bank of Canada (NBC) said that the third quarter profits has improved 6% over year earlier levels, despite charges related to asset backed commercial paper. NBC reported a net income of $303 million or $1.78 per share for the quarter which ended July 31. This is up from profits of $286 million ... Full story

TD Bank Reports a Decline in Profits

TD Bank Reports a Decline in Profits
TD Bank Financial Group says that the economic conditions took a toll on some of its businesses, which had lead to a decline in third quarter profits. TD noted that it earned $912 million or $1.01 per share for the quarter which ended July 31. This is down from year earlier profits of ... Full story

CIBC Third-Quarter Profits Improve

CIBC Third-Quarter Profits Improve
Canadian Imperial Bank of Commerce (CIBC) has noted that its third-quarter profits has highly improved over year earlier levels, however it still fell short of analyst expectations. CIBC reported net earnings of $434 million or $1.02 per share for the quarter that ended July 31st. This is up sharply from the profits of ... Full story
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