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Ian Bickis, The Canadian Press, with files from Advisor.ca

CIBC’s profit jumps, aided by increased focus on wealthier clients, U.S. market CIBC’s profit jumps, aided by increased focus on wealthier clients, U.S. market

Industry News

CIBC’s profit jumps, aided by increased focus on wealthier clients, U.S. market

Its Canadian commercial banking, wealth management business earned $647M, up from $591M a year ago

By Ian Bickis, The Canadian Press, with files from Advisor.ca |February 26, 2026

3 min read

BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress

Industry

BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress

Its wealth management business posted earnings of $352M, up from $328M

By Ian Bickis, The Canadian Press, with files from Advisor.ca |February 25, 2026

4 min read

Scotiabank reports $2.3B Q1 profit, up from $993M a year earlier Scotiabank reports $2.3B Q1 profit, up from $993M a year earlier

Industry

Scotiabank reports $2.3B Q1 profit, up from $993M a year earlier

Profits rose despite weakening in Canadian consumer credit

By Ian Bickis, The Canadian Press, with files from Advisor.ca |February 24, 2026

4 min read

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