National Bank of Canada's profit rises on strong growth in wealth management
27/05/2026 11:35
National Bank of Canada's profit rises on strong growth in wealth management May 27 (Reuters) - National Bank of Canada NA.TO reported a rise in second-quarter profit on Wednesday, helped by robust performance in its wealth management business.
The Canadian lender posted an adjusted profit of C$1.30 billion ($940.12 million), or C$3.23 per share, in the three months ended April 30, compared with a profit of C$1.17 billion, or C$2.85 per share, a year ago.
($1 = 1.3828 Canadian dollars)
(Reporting by Pragyan Kalita in Bengaluru; Editing by Sahal Muhammed)
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