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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (77454)	2/25/2020 8:51:15 AM
From: Goose94	Read Replies (1) of 202297

Canadian Banks: A clear theme is emerging this earnings season for Canada’s largest banks, as their trading floors take the spotlight as profit drivers. Bank of Montreal and Bank of Nova Scotia reported first-quarter earnings that outpaced the average estimates this morning. Both posted Capital Markets profit growth of more than 30 per cent, landing in the same realm as RBC’s numbers from last week. The common themes extended beyond their trading floors, as Scotia and BMO also booked significantly higher credit loss provisions. And both banks also saw sharp profit declines in their non-Canadian banking operations. BNN.ca

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