Reuters logo
National Bank of Canada reports stronger quarterly profit
August 27, 2014 / 11:35 AM / in 3 years

National Bank of Canada reports stronger quarterly profit

TORONTO, Aug 27 (Reuters) - National Bank of Canada, the country’s sixth-largest lender, reported a stronger quarterly profit on Wednesday, helped by a sharp jump in earnings at its wealth management and financial markets arms.

The Montreal-based bank said its net income rose to C$441 million, or C$1.24 per share, in the third quarter ended July 31 from C$402 million, or C$1.16 a share, a year earlier.

Excluding special items, earnings were C$1.20 a share. Analysts had expected C$1.11.

Reporting by Jeffrey Hodgson

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below