Ninth consecutive profitable year
Bank of Montreal today said its second-quarter profit rose 7.1% as strength in its investment banking arm offset a modest decline in its retail banking division.The bank earned $644 million, or $1.24 per share, during the latest quarter, up from a profit of $600 million, or $1.16 per share, in the same period last year.“Earnings […]
AUM up 18% from last year
Record success in fiscal 2006
Desjardins Group, the largest integrated cooperative financial group in Canada, today announced surplus earnings before patronage dividends to members of $186 million for the first quarter compared to $234 million a year ago.Desjardins Group’s financial performance in the first quarter was mainly affected by lower profitability in the Personal and Commercial segment. The sharp growth […]
Second quarter should bring positive earnings news
First profitable quarter for Bank West unit
Investment results improved significantly over last
Boost dividend by 7.5%
Boosts monthly distributions by 20%