institutions to provide emergency financing to Coventree. This will undoubtedly sort itself out--Caisse de depot and National Bank of Canada are already leading the effort--and likely with little significant or lasting impact, given the solid balance sheets
TORONTO, Feb 25 (Reuters) - Canada's main stock index gained on Wednesday as Hudson's Bay Co surged on a plan to carve out its real estate assets and banking stocks rose after Royal Bank of Canada and National Bank of Canada posted solid earnings.
TORONTO, Feb 25 (Reuters) - National Bank of Canada , the country's sixth-largest lender, reported a stronger-than-expected profit on Wednesday, helped by gains at its financial markets division.
Feb 25 (Reuters) - National Bank Of Canada CEO says feels it's accretive to buy back stock when it's trading below 10 times earnings Further company coverage: (Reporting By Jeffrey Hodgson)
other Canadian banks, the impact of low oil prices on National Bank of Canada has been minimal. As a result, National Bank produced ..... with CAD 405 million a year ago. Overall, results for National Bank of Canada were decent for the quarter. While loan growth compared
Feb 25 (Reuters) - National Bank of Canada , the country's sixth-largest lender, reported an increase of about 2.5 percent in quarterly net profit, mainly helped by its financial markets business.
should hike interest rates to cool the housing market. We still think that Royal Bank of Canada and CIBC would be the most affected by a decline in home values while Bank of Montreal and National Bank of Canada would be affected the least.
TORONTO, Dec 5 (Reuters) - Shares of Bank of Nova Scotia and National Bank of Canada weakened after the lenders reported quarterly results on Friday, closing out an earnings season in which Canadian...
to last quarter, strong balance sheet growth continued in personal and commercial banking, and overall results for National Bank of Canada were decent for the quarter. While there were several nonrecurring items included in the results, the largest was a
140% and 150% of tangible common equity. Among the Canadian banks, we see CIBC [TICKER:CM] (Canadian Imperial Bank of Commerce) as the most exposed and National Bank of Canada as the least exposed to a potential housing correction.