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Keyword: Earnings

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Businessman conquest of adversity

Market gains justified by record rise in earnings

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At the same time, the bank raised its dividend 10%

Edmonton downtown, James Macdonald Bridge and the Saskatchewan River at night

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

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Earnings were boosted in part by efficiency gains

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

Banks

Higher costs are mostly from employee compensation and strategic initiatives

Buildings in financial district in downtown Toronto, Canada

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

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The bank reported a profit of $776 million, plus growth in AUA and AUM

Toronto skyline in financial district

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

Business and financial district in a city with pillars

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