Financial Results
Latest News for Financial Results
- September 7, 2010 - Canada's TD Bank Financial Group Enjoys Quarterly Profit Rise
Canada’s TD Bank Financial Group, which provides services including wealth management, said its earnings per share stood at $1. 29 in the three months to 31 July, a rise of almost 28 per cent from the same period a year ago.
- August 31, 2010 - Merrill Generating More Profit Than MSSB
Merrill Lynch is generating more profit with fewer advisors than rival Morgan Stanley Smith Barney, Bloomberg reports. Merrill produced $315 million more profit from its brokerage in the first half of 2010 than Morgan Stanley with 2,900 fewer financial advisors, according to company reports.
- August 27, 2010 - Q3 Earnings At National Bank Financial Keep The Firm Optimistic
Net earnings at Montreal-based National Bank Financial Group dropped 11 per cent in the third quarter, from $303 million in Q3 2009 to $271 million. While decline was attributed to weak trading activity and market volatility during the period, the results still exceeded analysts expectations.
- August 27, 2010 - RBC’s Wealth Unit Sees Net Income Rise In Third Quarter
The wealth management unit of Royal Bank of Canada saw its net income rise 10 per cent from last year to C$185 million in the third quarter, which ended 31 July. The increase primarily reflects an accounting impact related to foreign-currency translation on certain available for sale securities as well as an income tax adjustment.
- August 11, 2010 - Sanders Morris Harris Posts Robust Second Quarter Gains
Sanders Morris Harris Group, the US wealth and asset management company, saw a ninefold increase in operating earnings for the second quarter of $1. 9 million, driven mostly by a strong rise in client assets.
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