CWB Financial Group Q3 profit beats expectations
Company bests expectations but profit is still down
- By: The Canadian Press
- August 28, 2020 August 28, 2020
- 11:37
Company bests expectations but profit is still down
July gain marked third monthly increase in consumer spending
Real GDP contracted at an annualized rate of 38.7%
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The bank earned $2.25 billion in the quarter, down from a profit of $3.25 billion a year earlier
The bank earned $1.17 billion in its third quarter, down from nearly $1.4 billion a year earlier
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