Bank

Decorative pattern

CIBC to pay $125 million to settle class action lawsuit on subprime mortgage risks

Investors launched the suit in 2008 alleging that the bank misled the market

By Ian Bickis, Canadian Press |December 7, 2021

2 min read

Banks and insurers secure approval for virtual AGMs, raising participation concerns

Banks and insurers secure approval for virtual AGMs, raising participation concerns

Firms said they're looking for ways to improve the meetings

By Ian Bickis, Canadian Press |December 6, 2021

2 min read

CWB Financial reports Q4 profit up from year ago, raises dividend

CWB Financial reports Q4 profit up from year ago, raises dividend

The Edmonton-based bank's annual revenue topped $1 billion for the first time, CEO says

By The Canadian Press |December 3, 2021

2 min read

BMO reports profit up, raises quarterly dividend 25%

BMO reports profit up, raises quarterly dividend 25%

Earnings were boosted in part by efficiency gains

By Ian Bickis, Canadian Press |December 3, 2021

3 min read

Decorative pattern

TD shares rise as it reports $3.8B Q4 profit, raises quarterly dividend

The question is how sustainable the positive results will be, analyst says

By Ian Bickis, Canadian Press |December 2, 2021

3 min read

Decorative pattern

Recovery supports global bank outlook for 2022: Moody’s

Inflation is expected to subside next year and could help banks in the short term

By James Langton |December 2, 2021

1 min read

Decorative pattern

CIBC sees revenue and expenses rise as it focuses on growth, raises dividend

Higher costs are mostly from employee compensation and strategic initiatives

By Ian Bickis, Canadian Press |December 2, 2021

3 min read

RBC reports $3.9B Q4 profit, raises dividend 11%

RBC reports $3.9B Q4 profit, raises dividend 11%

The wealth management business earned $558 million, up from $546 million a year earlier

By Staff, with files from The Canadian Press |December 1, 2021

2 min read

Decorative pattern

Scotiabank reports Q4 profit up from year ago, raises dividend

The dividend hike and share buyback plan follow OSFI's decision to lift pandemic restrictions

By The Canadian Press |November 30, 2021

4 min read

Wave of dividend increases and share buybacks expected as banks report

Market Insights

Wave of dividend increases and share buybacks expected as banks report

This week's earnings are the first since Canada's banking regulator lifted pandemic restrictions

By Ian Bickis, Canadian Press |November 29, 2021

3 min read

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