Bank Earnings Canada

• Scotiabank Q4 profit falls, amount set aside for bad loans more than doubles

  Scotiabank reported its fourth-quarter profit fell compared with a year ago as the amount it set aside to cover bad loans more than doubled.

  Money

  Nov 28, 2023
  
• CIBC misses profit estimates as it sets aside more money for bad loans

  CIBC missed analysts' estimates for quarterly profit on Thursday, hurt by higher loan-loss provisions to cover for consumers struggling to make their repayments in a tough economy.

  Money

  Aug 31, 2023
  
• Advertisement
• Earnings report on the way from Canada’s banks amid high inflation rates

  Canadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week.

  Economy

  Aug 21, 2022
• Advertisement
• BMO’s profit nearly doubles in Q2 as it sets aside less for bad loans

  BMO beat expectations in its latest quarter nearly doubled compared with a year ago when the amount it set aside for bad loans soared at the start of the COVID-19 pandemic.

  Money

  May 26, 2021