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Keyword: Earnings

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Global wealth management operations earned $238.9 million

Personal finances

That compares with $50.9B deficit in the same period of 2023-2024

Canadian money

CEO reports progress one year after posting a $117.5M quarterly net loss

Computer tapping

The bank's wealth division has $37.2B in AUA, up 30% from the previous year

Piles of coins

IG Wealth Management sees 10.6% year over year rise in AUA to $141.5 billion

Green and red trading candlesticks on blue display

Insurer has $264 billion in AUM

Charts and graphs

Net earnings down 17% from first quarter of 2024

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

As profits rise, banks boost capital strength, dividend payout ratios

Laurentian bank logo on building

The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31

Bank Of Montreal Branch stock photo

The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago