National Bank of Canada reported a rise in second-quarter net profit, driven by strong performance in its wealth management unit. Meanwhile, Bank of Montreal missed analysts' estimates due to setting aside more money for potential credit losses amid higher interest rates. BMO's quarterly profit was affected by increased provisions for credit losses, leading to a lower net income from its US business.
RBC hikes dividend, promises buy-backs after profit boost beats expectations https://t.co/TVrMjzNkQM https://t.co/7NHgD6X8tq
National Bank of Canada was the only big Canadian bank to trade in the green on Wednesday after posting stronger second-quarter results than its peers, extending a year of outperformance https://t.co/2ZmQ3AmOoL
$RY (+1.1% pre) RBC tops expectations as profit surges in capital markets - FP https://t.co/dMCa2qQplG
$CM (+2.8% pre) Canadian Imperial Bank (CM) Beats Q2 Earnings and Revenue Estimates - Zacks https://t.co/MHao7DAsYV
CIBC beats estimates with credit loss provisions lower than expected https://t.co/YFNbQFPESu https://t.co/Gqe0SVKcMT
💰 RBC $RY EPS. vs Forecast 2.92 / 2.75 🟢 Rev. vs Forecast 14.15B / 13.62B 🟢 Market Cap: 145.32B
RBC profit beats analyst estimates as it absorbs HSBC Canada https://t.co/Aefte6pEf6
RBC reports rise in second-quarter profit on strength in domestic lending business https://t.co/1R2MdBQAtH
Royal Bank of Canada's profit rises on strength in domestic lending business https://t.co/dUJWZ7NAm1 https://t.co/wwTtkaDKpH
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/bkRsTWEYAb https://t.co/cwNA2kj3ur
Further credit deterioration in trucking is evident in the quarterly earnings report of Canada’s BMO bank. https://t.co/j1L05ZsmQQ
$BMO -8% Bank of Montreal’s US business reported net income -26% from a year earlier 📉 https://t.co/k0ZTGyClAO
BMO lowers rate-cut expectations amid mixed second quarter results https://t.co/A1ZDro7IqK https://t.co/KfTT1RHFIC
Canada's BMO misses profit estimates on higher provisions, US weakness https://t.co/uiL3eYntWU https://t.co/CXGu9XrMcB
BMO down 7% today on increased loan loss provisions... Banks are sniffing out something bad... https://t.co/pgDIG9k7pA
BMO Financial Group reports $1.87B Q2 profit, raises quarterly dividend https://t.co/MWkbthe417
"The bank’s provisions for credit losses totaled C$705 million in the three months through April, more than the C$585 million analysts had forecast - increases quarterly dividend to $1.55 per share." $BMO https://t.co/2bBdLLMwcV
A breakdown of the big Canadian banks’ second-quarter earnings https://t.co/5RW7vsHteI
National Bank of Canada earns $906M Q2 profit, raises quarterly dividend https://t.co/vMSdC4x37P
Bank of Montreal Q2 earnings are out this morning: ~EPS: C$2.59 vs C$2.77 est ~SALES: C$7.99B vs C$8.05B est ~Increases quarterly dividend C$1.55/share from C$1.51 https://t.co/t4wtoWgLQd $BMO đź”´ -1.68% in pre-market https://t.co/YZQCyjEMkC
National Bank beats quarterly profit estimates, raises dividend https://t.co/xklwG5sdcw
BREAKING# BMO hikes dividend but misses expectations as credit provisions climb https://t.co/A1ZDro7IqK https://t.co/cOSTu7avZ6
National Bank of Canada's profit rises on wealth management, markets strength https://t.co/l79ZehIEbB https://t.co/Hoz9tyEied
Bank of Montreal misses analysts’ estimates with higher second-quarter profit https://t.co/SJrSmrME6T
🔵 NATIONAL BANK OF CANADA'S PROFIT RISES ON WEALTH MANAGEMENT UNIT STRENGTH Full Story → https://t.co/XuYDyxl7nu National Bank of Canada reported a rise in second-quarter net profit on Wednesday, helped by strong performance in its wealth management unit. https://t.co/h9kUzr7awR
Bank of Montreal missed analysts’ estimates after setting aside more money than expected for potential credit losses as consumers and businesses struggle with higher interest rates https://t.co/DvIwwjJci4