Bank

ATB Financial earnings up 12.8%

ATB Financial, the largest Alberta-based financial institution, reported a 12.8% increase in its net income, up to $195 million for the year ending March 31, 2012.

By Staff |June 1, 2012

1 min read

TD earnings surge in Q2

TD Bank’s second quarter earnings jumped 14% over 2Q11, reflecting record retail earnings and a solid performance from wholesale banking.

By Staff |May 24, 2012

1 min read

RBC posts solid performance

RBC reports net income of $1,563 million for the second quarter of 2012. The bank’s true net income was $1,765 million, up $83 million or 5% from last year, but the reporting number accounts for a $202 million after-tax loss from its acquisition of the remaining 50% of RBC Dexia. The bank’s solid performance was […]

By Staff |May 24, 2012

1 min read

BMO posts 27% increase in Q2

Earlier this week, CIBC Capital Markets predicted Canadian banks would grow an average 5.3% in 2012’s second quarter. Bank of Montreal, however, far surpassed those expectations, with profits leaping 27%. The bank beat analyst expectations on stronger results in both its U.S. and Canadian retail operations. Read: RBC is top North American bank for more […]

By Staff, with files from The Canadian Press |May 23, 2012

2 min read