Government relief diminished the need for banks’ massive loan loss reserves
The bank’s loan loss provisions fell to $496 million compared with $1.85 billion a year ago
The bank's wealth management business earned $165 million, driven in part by fee-based revenues
The bank's strong results in Q2 reflect the underlying strength of its diversified businesses and improving economic conditions, said TD's CEO
The bank supports recent measures to take pressure off Canada's housing market, said RBC's CEO
The bank beat analysts' expectations by earning $1.65 billion in Q2
The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions
Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high
The firm's assets under management continued to grow in the first quarter
The firm will unveil a new growth strategy later this month