US EditionNational Bank of Canada: Fiscal Q2 Earnings Snapshot
- For the quarter ending April 30, 2025, National Bank of Canada posted a net income of $896 million.
- The profit decline followed an increase in provisions for credit losses to $545 million, which exceeded analysts' expectations.
- Revenue rose to $3.65 billion from $2.75 billion the previous year, supported by the recent acquisition of Canadian Western Bank.
- Chief Executive Laurent Ferreira stated that the company’s robust financial standing enables it to foster business expansion despite ongoing geopolitical challenges.
- The bank raised its quarterly payout by $0.04, bringing it to $1.18 per share, signaling trust in continued business expansion.
23 Articles
23 Articles
National Bank of Canada reports surge in trading revenue amid volatile markets
A surge in trading revenue related to tariff-induced market volatility helped National Bank of Canada handily beat analyst expectations in its second quarter. The bank’s adjusted profits, which excludes items related to its recent acquisition of Canadian Western Bank, amounted to $2.85 per diluted share, up from an adjusted profit of $2.54 per diluted share […]
National Bank of Canada: Fiscal Q2 Earnings Snapshot
MONTREAL (AP) — MONTREAL (AP) — National Bank of Canada (NTIOF) on Wednesday reported fiscal second-quarter profit of $630.3 million. The bank, based in Montreal, said it had earnings of $1.54 per share. Earnings, adjusted for non-recurring costs, came to $2 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share. The bank posted reve…
Winnipeg Free Press
National Bank of Canada reports profit of $896 million in second quarter
Breaking News, Sports, Manitoba, Canada
National Bank of Canada: Fiscal Q2 Earnings Snapshot - The Morning Sun
MONTREAL (AP) — MONTREAL (AP) — National Bank of Canada (NTIOF) on Wednesday reported fiscal second-quarter profit of $630.3 million. The bank, based in Montreal, said it had earnings of $1.54 per share. Earnings, adjusted for non-recurring costs, came to $2 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share. The bank posted reve…
National Bank of Canada (OTCMKTS:NTIOF) Posts Quarterly Earnings Results, Beats Expectations By $0.28 EPS
National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) posted its quarterly earnings results on Wednesday. The financial services provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.28, Zacks reports. National Bank of Canada had a net margin of 24.65% and a return on equity of 17.21%. […]
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