But the company is encouraged by the inflows of deposits since Berkshire Hathaway announced it was investing $400 million in Home Capital
Most of the banks performed well, including raising their dividends, although Home Capital cast a shadow over the group
After-tax profit for NYSE members rose to almost US$4 billion
Dividend to rise
Combined, Canada’s five biggest banks had $9.67 billion of profits during the quarter
Bank CEOs monitoring housing market but say Home Capital issues not widespread
Dividend going up to 90¢ per share
Bank of Montreal will kick off the Q2 earnings parade on Wednesday
Quarterly dividend to rise 7%
Jeffrey Orr says he’s optimistic about the company’s growth prospects