Wealth management profit drops due to weaker equity markets
The bank reported solid earnings from its personal and commercial banking and insurance divisions
Royal Bank of Canada will report its results for the three-month period ended Jan. 31 on Friday
Bank cites growth in lending and deposit balances and improved margins from higher interest rates
Mutual fund sales are a challenge, says Industrial Alliance exec
Imperial Oil reports on Friday
Most companies had improved earnings, but slower growth will mean smaller increases in profits
Q4 profit up 8% from last year to $566 million, wealth management net income up 14%
Strong quarterly results prompt bank to hike dividend
Both banks report Q4 2018 net income increases of roughly 9%