AUG 26 2016 – Q3 Bank Earnings Announcements

Yesterday saw the release of Q3 earnings announcements from 3 major Canadian banks, RBC, TD, and CIBC, all of which are held in client portfolios. These long-time holdings continue to post record profits, which translates into increasing dividends for the investor. Please follow the links below for the articles summarizing the banks’ most recent reporting:

Royal Bank sees strong third quarter profit growth

TD, CIBC extend strong performance by Canada’s banks

As always, if you have any questions please don’t hesitate to get in touch with us.

 

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