Royal Bank of Canada today reported a 19% in third quarter profit driven by strong results in Canadian banking, capital markets and wealth management.The bank also raised its dividend by 9%, to 50¢ a share.The bank said it earned $1.395 billion, or $1.06 a share, in the three months ended July 31. That compared to […]
Profits drop in eight of 13 major manufacturing industries
Declines in manufacturing and insurance partially offset by gains from wholesalers, retailers and real estate companies
Bank raises quarterly dividend
Stronger results in the caisse network
Bank expects lower profits in second half of 2007
Western Financial Group today announced its operating and financial results for the six months ended June 30.For the six months, revenue increased 32% to $51.2 million from $38.8 million compared to the same period in 2006 and net income increased 88.3%. Basic earnings per share amounted to 14¢ a share from 11¢ in the same […]
Results to include $290 million write-down in structured credit business
Success of recurring business offsets decline in non-recurring trading
Record quarterly revenue in capital markets segment