News + Events

Canadian banks profit! – 7.8 billion $

September 7, 2012

It’s been a surprisingly good week for shareholders of the “big 6 banks” of Canada. All of the banks have reported higher third-quarter profits, up 45% from a year ago.

Surpassing all analysts estimates, collectively reporting a net income of 7.8 billion. They all ended up boosting their quarterly dividends.

For more information, please read cbc.ca’s article here http://www.cbc.ca/news/business/story/2012/08/30/banks-profits-dividends.html

Enjoy the weekend folks!

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