National Bank
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RBC, National Bank report higher profits. What to knowRoyal Bank of Canada and National Bank of Canada were the latest big banks to report earnings on Wednesday. Here is what their reports show.CanadaFeb 28
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Big six lenders raise prime rates past 7% after Bank of Canada hikeThe cost of borrowing has increased again as all six big Canadian banks hiked their prime rates in lockstep with the Bank of Canada's policy rate.MoneyJul 13, 2023
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National Bank joins other major lenders in setting aside more cash for bad loansNational Bank of Canada raised its quarterly dividend and reported its second-quarter profit fell compared with a year ago and increased loan loss provisions.MoneyMay 31, 2023
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National Bank CEO concerned impact of remote work on downtown MontrealThe CEO of National Bank says he's worried about the impact remote work is having on the vitality of downtown Montreal, but plans to maintain a flexible approach.EconomyApr 21, 2023
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How big banks dominate Canada’s financial landscapeThe tight hold on the Canadian banking market of RBC, TD, BMO, CIBC, Scotiabank and National Bank is not from a lack of others trying.EconomyApr 19, 2023
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National Bank reports third quarter profit down from 1 year agoNational Bank said its personal and commercial banking business earned $335 million, up from $303 million in the same quarter last year.CanadaAug 24, 2022
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Earnings report on the way from Canada’s banks amid high inflation ratesCanadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week.EconomyAug 21, 2022
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CIBC, National Bank beat Q1 profit estimates despite economic challengesThe Canadian banks join Royal Bank of Canada in posting positive earnings surprises in a quarter in which analysts had expected some challenges,EconomyFeb 25, 2022
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National Bank says no-commission trades years in the works to build up client baseNational Bank announced earlier this week that it had eliminated commissions on online trades for stocks, exchange-traded funds, and options at its direct brokerage division.CanadaAug 25, 2021
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National Bank’s direct brokerage division goes ahead with no-commission tradingCommission-free trading has gained momentum as retail-trader focused Apps like Robinhood in the United States have made it more affordable for casual investors to trade frequently.MoneyAug 23, 2021
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