Bullboard - Stock Discussion Forum National Bank of Canada T.NA

Alternate Symbol(s): NTIOF | T.NA.PR.S | NBCDF | T.NA.PR.W | T.NA.PR.C | NBKCF | T.NA.PR.E | T.NA.PR.G | T.NA.R

National Bank of Canada (the Bank) operates as an integrated financial group. The Bank operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International (USSF&I). Its Personal and Commercial segment includes banking, financing, and investing services offered to individuals, advisors, and businesses, as well as insurance... see more

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National Bank of Canada > National Bank reports its results for the Second Quarter

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Post by Betteryear2 on May 29, 2024 3:14pm

National Bank reports its results for the Second Quarter

MONTREAL, May 29, 2024 /CNW/ - For the second quarter of 2024, National Bank is reporting net income of $906 million, up 9% from $832 million in the second quarter of 2023. Second-quarter diluted earnings per share stood at $2.54 compared to $2.34 in the second quarter of 2023. These increases were driven by total revenue growth in all of the business segments, partly offset by higher non-interest expenses and higher provisions for credit losses.

National Bank reports its results for the Second Quarter of 2024 and raises its quarterly dividend by 4 cents to $1.10 per share (newswire.ca)

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