National Bank of Canada quarterly profit rises 7%

Reuters

Published Dec 04, 2019 06:37

National Bank of Canada quarterly profit rises 7%

(Reuters) - National Bank of Canada (TO:NA) reported a nearly 7% rise in quarterly profit on Wednesday, helped by growth across segments.

Net income rose to C$604 million ($454.10 million), or C$1.67 per share, in the fourth quarter ended Oct 31, from C$566 million, or C$1.52 per share, a year earlier.