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National Bank of Canada's profit rises on wealth management, financial markets strength
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National Bank of Canada's profit rises on wealth management, financial markets strength
Aug 28, 2024 9:01 AM

Aug 28 (Reuters) - National Bank of Canada ( NTIOF )

reported a higher third-quarter profit on Wednesday, helped by

strong performance in its wealth management and financial

markets units.

The bank's adjusted profit rose to C$960 million ($713.12

million), or C$2.68 per share, for the three months ended July

31, from C$781 million, or C$2.18 per share, a year earlier.

($1 = 1.3462 Canadian dollars)

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by

Shinjini Ganguli)

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