Industry News

Big banks report earnings beats ahead of potential tariff tempest

Consumers and businesses hold off on big spending decisions ahead of expected U.S. tariffs

By Ian Bickis, The Canadian Press |February 27, 2025

3 min read

CIBC posts $2.2B Q1 profit

Canadian commercial banking and wealth management business earned $591 million

By The Canadian Press, with files from Advisor.ca |February 27, 2025

2 min read

RBC reports $5.1B Q1 profit, up from $3.6B a year ago

The bank's wealth management business earned $980 million, up from $664 million a year earlier

By The Canadian Press, with files from Advisor.ca |February 27, 2025

4 min read

TD Bank Group reports $2.79B Q1 profit

TD's wealth management and insurance business earned $680 million, up from $555 million a year earlier

By Ian Bickis, The Canadian Press, with files from Advisor.ca |February 27, 2025

4 min read