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Keyword: Earnings

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Business and financial district in a city with pillars

The big banks' profits in Q2 were battered by the downturn

Illustration and Painting

Profits plunged ahead of the pandemic

Drawings and charts of successful business, workplace of the businessman

The fourth quarter was "solid" despite market turmoil, the CEO says

  • By: Staff
  • June 3, 2020 June 3, 2020
  • 11:15
Business Team Meeting Project Planning Concept

ATB Financial also reported lower net income for the 2019-20 fiscal year due to provisions for loan losses

Career burden and business stress concept as a businessman or worker pulling a giant heavy metal anchor as a metaphor for hardship and strugge with taxes or oppression.

The bank's Q2 profit dropped nearly 80% from a year ago, leading to a dividend cut

close up, business man or lawyer accountant working on accounts using a calculator and writing on documents

The bank recorded a $1.5-billion profit, down from $3.2 billion a year ago

Businessmen are skeptical looking at stock market charts.

CEO Victor Dodig says the bank can cope with near-term stress

Toronto skyline in financial district

The bank’s loan loss provisions grew by $2.4 billion in the quarter

photo of hands holding pen under document and pressing calculator buttons

The bank still reported a profit of $1.00 per share for the quarter

A calculator and pen on financial papers

Despite the plunge, the bank beat analysts’ expectations