BMO mortgage delinquencies climb as portfolio growth resumes
BMO’s Canadian residential mortgage portfolio grew to $164.2 billion in the third quarter, while 90-plus-day delinquencies rose to 0.56% and impaired mortgage provisions continued...
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BMO’s Canadian residential mortgage portfolio grew to $164.2 billion in the third quarter, while 90-plus-day delinquencies rose to 0.56% and impaired mortgage provisions continued...
Bank of Montreal and Bank of Nova Scotia kicked off Canadian bank earnings with better-than-expected results across their businesses, helped by strong capital-markets performance a...
Scotiabank grew earnings per share 21% last quarter. BMO grew 22%. Both used the word record. Neither was exaggerating. This is the best week of the summer if you own Canadian bank...
Canada’s largest banks beat estimates across the board as trading and deals fueled a 35% gain from a year earlier in their capital-markets earnings, provisions for credit losses re...
BMO stock has pulled back after a strong rally, but improving adjusted earnings, credit trends, and shareholder returns could keep its long-term investment case intact. The post Is...
Scotiabank’s mortgage portfolio dipped to $311 billion in the third quarter as non-mortgage lending outpaced mortgage growth for the first time in two years.
Royal Bank of Canada beat estimates on better-than-expected results from its capital-markets and wealth-management divisions, continuing a trend seen across the country’s large ban...
A possible final publication of BMO’s transportation lending figures reflect a stronger freight market. The post Likely BMO swan song shows trucking credit strengthening appeared f...
COLUMBUS, Ohio – Huntington Bancshares Inc. on Thursday reported second quarter net income of $727 million, or 33 cents per common share. The second quarter net income is an increa...
Canada's six largest banks posted strong third-quarter results as capital markets activity, margin gains and improving credit quality outweighed sluggish loan demand
RBC’s mortgage portfolio grew 5% year over year as quarterly growth accelerated, though loan-to-value ratios and delinquencies moved higher.
Residential mortgage balances reached $206.8 billion, while improved margins and lower credit-loss provisions helped lift second-quarter earnings.
Residential lending continued to drive balance growth, while non-performing mortgages remained below 0.2% of the portfolio.
Three of Canada's Big Six clear forecasts as trade risk stays off the balance sheet
Canadian bank stocks remain in focus as lenders post their latest results. Here are the key numbers for investors. The post Stock news for investors: Canadian banks report third-qu...
Core earnings up 12%, APE sales surged 21% across all segments.
Credit sales surged 11% as deposits hit a strategic funding milestone.
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