Canada's major banks, including Bank of Nova Scotia, Scotiabank, Royal Bank of Canada, and TD Bank, are experiencing impacts on their quarterly profits due to rising provisions for potentially souring loans. Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as it set aside more money than expected for potentially souring loans. Scotiabank's profit also missed estimates due to bigger provisions and weakness at home. Royal Bank of Canada, however, saw a jump in profit due to an investment banking boost. TD Bank's fourth-quarter profit fell due to higher provisions.
Canada's TD Bank's fourth-quarter profit falls on higher provisions https://t.co/5WfdhnhFVl https://t.co/KZpsEVBlLm
Canada's TD Bank's fourth-quarter profit falls on higher provisions https://t.co/sl5XuqLMMi https://t.co/nfmN2b1JeL
Canada's TD Bank's fourth-quarter profit falls on higher provisions https://t.co/jO70Cmaf2r https://t.co/HpaZaaRNhf
Royal Bank of Canada profit jumps on investment banking boost https://t.co/iiQYXhYsVR https://t.co/msmI4wGq2Z
Scotiabank sees 'marginal' profit growth in 2024 after Q4 miss https://t.co/dku59nY8ju https://t.co/aoYBqSLqVF
Scotiabank's profit misses estimates hurt by bigger provisions, weakness at home https://t.co/EtQzgVpJbN https://t.co/IQN2dbfqGW
Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans https://t.co/Om46cm0xs7
Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans https://t.co/8QxLVVuwIr
Canada banks' quarterly profits seen hit by rising provisions https://t.co/o8jZgqKwWO https://t.co/q7yDKBhPUH
Canada banks' quarterly profits seen hit by rising provisions https://t.co/7V9Sg7iSgc https://t.co/VJhik5JkAQ
Canada banks' quarterly profits seen hit by rising provisions https://t.co/nkXviuaDUZ https://t.co/WcF5E2KUJk
⚠️ CANADA BANKS' QUARTERLY PROFITS SEEN HIT BY RISING PROVISIONS Full Story → https://t.co/T2lzpEu5IE https://t.co/zl4We3mNea