Industry News

CIBC reports Q2 profit of $1.75 billion as credit picture improves

The bank's Canadian commercial banking and wealth management business earned $456 million in Q2

By Ian Bickis, The Canadian Press |May 30, 2024

3 min read

BMO Financial Group reports $1.87B Q2 profit

Raises quarterly dividend to $1.55 per share, up four cents

By Ian Bickis, The Canadian Press |May 29, 2024

3 min read

National Bank of Canada earns $906M Q2 profit

Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents

By The Canadian Press |May 29, 2024

2 min read

Fitch downgrades TD Bank outlook to negative

Rating agency cites potential fallout from anti–money laundering deficiencies at the bank

By The Canadian Press |May 29, 2024

1 min read