National Bank boosts dividend after profit growth
Net income for wealth management increased 10% from the same quarter last year
- December 4, 2019 December 4, 2019
- 11:14
Net income for wealth management increased 10% from the same quarter last year
Mining, quarrying and oil and gas extraction sector gained 4.5%
In a letter to parliamentarians, Evan Siddall said the mortgage policy is working
Discounted oil is less of a problem than in 2014
But a wild card remains in play
Various reports make the case but the government may prefer targeted measures
Pace of starts slowed in August when compared with July
Laurentian Bank of Canada’s net income was virtually flat in the third quarter compared with last year at $54.9 million, as the company recorded acquisition-related costs and other expense increases that offset 5% higher revenue. The Montreal-based company’s net income per share amounted to $1.23, which was down from $1.48 per share or $54.8 million […]
CIBC raised its quarterly dividend as it reported a third-quarter profit of $1.37 billion and gains in its wealth management business. The bank says it will now pay a quarterly dividend of $1.36 per share, up from $1.33. The increased payment to shareholders came as CIBC says it earned $3.01 per diluted share for the […]
Lower sales attributed to stricter regulations for uninsured mortgages