Royal Bank Profit Rises on Trading, Investment Banking
Canada’s eight-biggest lenders are expected to report fourth-quarter profit growth of 17 percent, led by Bank of Nova Scotia and Bank of Montreal, Scotia Capital analyst Kevin Choquette said in a Nov. 20 note to clients.
Bank of Montreal, Canada’s fourth-biggest lender, reports results on Dec. 4, followed by Canadian Imperial Bank of Commerce, Toronto-Dominion Bank and National Bank of Canada on Dec. 6. Bank of Nova Scotia, the third-largest lender, reports Dec. 7.
Bloomberg News
