Royal Bank of Canada will report its results for the three-month period ended Jan. 31 on Friday
Bank cites growth in lending and deposit balances and improved margins from higher interest rates
Mutual fund sales are a challenge, says Industrial Alliance exec
Imperial Oil reports on Friday
Most companies had improved earnings, but slower growth will mean smaller increases in profits
Q4 profit up 8% from last year to $566 million, wealth management net income up 14%
Strong quarterly results prompt bank to hike dividend
Both banks report Q4 2018 net income increases of roughly 9%
Solid quarterly performance caps a “very strong year”
Provisions for credit losses rise to $264 million