Revenue rises 38%
Fee-earning assets hit $100 billion
New quarterly records achieved in revenues and net income
Modest rise in profit
Power boosts dividend to 29¢ a share
Revenue up 20%, earnings up 32%
Three-year plan for asset management deemed a success
Hot real estate market fuels demand for mortgages, other loans
TD Bank Financial Group says that it expects TD Banknorth’s first quarter earnings to translate into second quarter net income for its U.S. personal and commercial banking segment of $23 million on a GAAP basis and $62 million on an adjusted basis.Adjusted net income for the segment this quarter is expected to exclude $39 million […]
Home Capital Group Inc. today announced strong financial results for the first quarter of 2007. The company says it experienced particularly strong asset growth, resulting principally from record residential mortgage origination levels, together with continued forward momentum in Equityline VISA, and the new commercial mortgage lending operation.The attractive lending climate across Canada, together with the […]