Canadian banks, including Scotiabank, National Bank of Canada, CIBC, and Royal Bank of Canada, have reported strong Q2 2024 earnings surpassing profit estimates. CIBC's $6.16B revenue and $1.75B net income with a 13.7% return on equity stand out, driven by capital markets strength and lower provisions for loan losses.
Canada's RBC, CIBC wrap up bank earnings with better than expected profits https://t.co/3lYWSHtMOq https://t.co/engj5EJwzG
Canada's CIBC beats profit estimates on US strength, capital markets business https://t.co/Cdk59lGI1J https://t.co/a4YIm0qBhV
CIBC earnings beat estimates, building on earlier momentum https://t.co/KkUSENsETi
BREAKING# RBC tops expectations as profit surges in capital markets https://t.co/TVrMjzNkQM https://t.co/z5Q217TjeC
CIBC beat analysts’ estimates as it set aside less money than expected for possible loan losses. https://t.co/zAdjrSq0wh
Royal Bank of Canada beat analysts’ estimates on strong performance from the company’s capital-markets business and lower-than-expected provisions for potential loan losses https://t.co/KEzSG2m4uM
CIBC’s second-quarter profit jumps on capital markets strength https://t.co/QRHOQBVT4b
Canadian Imperial Bank of Commerce (CIBC) reports strong Q2 2024 earnings with $6.16B in revenue and $1.75B in net income, reflecting a 13.7% return on equity. The bank acknowledges overall growth and positive impact from special items. #CIBC #earnings #finance $CM
National Bank of Canada's profit rises on wealth management, markets strength https://t.co/l79ZehIEbB https://t.co/Hoz9tyEied
Scotiabank beats profit estimates on wealth management, capital market strength https://t.co/yropDGKgIX https://t.co/gtk1d3wkd0