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Keyword: Earnings

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Toronto bank towers

Deposit rates have not risen as quickly as loan rates

RBC logo Royal Bank of Canada sign

Wealth-management net income up 25% to $537 million

Toronto downtown with new streetcar

The bank delivered strong earnings across its divisions


Each of the bank’s units performed well during the quarter

Office buildings in Toronto’s financial district

CIBC is the first of the big banks scheduled to report its latest results with data out Wednesday

Montreal downtown skyscrapers in winter

The company’s Q1 profit more than doubled to a record $525 million

Business man drawing growth chart economic success

The insurer will increase its quarterly common share dividend by 2¢

Business and financial report with laptop Accounting economic

The implementation of the new accounting standard will alter the timing of how commission expenses are recognized

businessman hand working computer and business strategy concept

The increase comes partly from growth in core earnings thanks to lower U.S. tax rates and strong growth in Asia and global wealth asset management

Magnifying glass focused an invoice with negative numbers

Canadian banks may be forced to take more provisions now that IFRS 9 has been fully introduced