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Canadian bank earnings reports
– moneysense.ca
The Big Six banks in Canada reported on their earnings this week. Here are the takeaways, including revenue, prices and dividends.
Canadian bank earnings highlights
Here’s how Canadian banks performed in the three months ending October 31st, 2024:
BMO Financial Group (BMO/TSX): Adjusted earnings per share of $1.90 (versus $2.39 estimated by analysts) and revenues of $8.96 billion (versus $8.36 billion estimated). BMO shares were up 4.16% on Thursday.
CIBC (CIBC/TSX): Earnings per share of $1.91 (versus $1.78 estimated) and revenues of $6.62 billion (versus $6.52 billion estimated). CIBC shares were up 4.43% on Thursday.
National Bank (NA/TSX): Adjusted earnings per share of $1.83 (right in line with $1.83 estimated) and revenues of $2.84 billion (versus $2.79 billion estimated). National Bank shares were down 3.82% on Wednesday.
RBC (RY/TSX): Adjusted earnings per share of $3.07 (versus $3.01 estimated) and revenue of $15.07 billion (versus $14.67 billion estimated). RBC shares were basically flat on Tuesday…
