Earnings

Canada’s Big Five deliver $7.8 billion in Q3

Canada's biggest banks delivered $7.8 billion of cumulative profit in Q3 2012. The performance of the banks left analysts' restrained predictions in the dust, marking an increase of 45% from net income of $5.38 billion a year ago.

By Staff |August 31, 2012

2 min read

Laurentian releases strong Q3 earnings

Laurentian Bank reported net income of $30.0 million, or $1.06 diluted per share, for the Q3 2012, compared to $29.1 million in 2011.

By Staff |August 31, 2012

1 min read

RBC’s Q3 earnings up 73%

Royal Bank of Canada reported net income of $2,240 million for the third quarter 2012, up $946 million (73%) from the prior year. “RBC had a record quarter, driven by exceptional growth in our Canadian retail franchise and strong investment banking results,” says Gordon Nixon, RBC president and CEO. Further comparing this quarter to 2011, […]

By Staff |August 30, 2012

1 min read

TD reports record quarter earnings

TD Bank delivered a record quarter in Q3 2012, reflecting strong retail and wholesale earnings.

By Staff |August 30, 2012

2 min read