Bank earnings roundup

Over the last two weeks, Canada’s major banks reported earnings–ending with TD Bank on March 2. Across the board, the banks reported healthy profits and AUM increases.

Check out this roundup if you missed any of the news.

TD Bank profit gains 14% year-over-year

National Bank reports 31% increase in wealth management income

BMO and Scotiabank report AUM, net income increases

Laurentian to open 23 advice-only branches

Desjardins Group reports 1.5% increase in operating income

RBC wealth management profit jumps 42%

CIBC wealth management profit gains 12%

HSBC Bank’s retail banking unit on solid footing

For more industry news, also read: Wealth management earnings roundup.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.