National Bank Stock
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National Bank buying SVB’s Canadian commercial loan portfolioNational Bank of Canada says it will acquire the Canadian branch of Silicon Valley Bank's commercial loan portfolio. The deal is expected to close in the coming weeks.MoneyAug 1, 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 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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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 raises dividend 23% but misses profit expectationsNational Bank said Wednesday it will now pay a dividend of 87 cents per share, up from 71 cents per share.MoneyDec 1, 2021
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National Bank’s Louis Vachon retiring after nearly 15 years as CEONational Bank of Canada says chief executive Louis Vachon will retire at the end of October after nearly 15 years in the job.CanadaAug 11, 2021
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Canada’s big banks are seeing their profits soar. Here’s how they’re making their moneyFive of Canada’s big banks reported sizable second-quarter profits this week.MoneyMay 30, 2021
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