RE:NumbersI think the negativity is unwarranted.
They meet or even slightly beat the estimates.
Good costs control.
Cost cuts compensated for provisions for credit losses.
And things didn't go very well in the West this last quarter as the oil and nat gas prices were down.
Remarkable increase in the Wealth Management side of business, 17% increase yoy. That's impressive in an environment where people moved their money to GIC's and money market funds,
Book value increased to $37.11. A 8% increase yoy.
Given the circumstances I believe the results were actually better than expected.