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Q2 2019 Canadian Bank Earnings

  • September 3, 2019
  • Topics: Uncategorized

The results are in for the Q2 2019 Canadian bank earnings, and the second quarter of 2019 saw some changes.

According to Canadian Mortgage Trends, “Canada’s big banks felt the effects of a sharply slowing economy and cooling housing market in the second quarter.”

The majority of the net income growth reported was in the low-to-mid single digit range. Some reported an increase in the amount of 90+ day delinquencies.

Dive into the 2019 Q2 figures from the Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank, and TD Bank at Canadian Mortgage Trends.

See the results here: https://www.canadianmortgagetrends.com/2019/06/q2-2019-bank-earnings-mortgage-morsels/

Interested in more news about the Canadian financial industry? Check out these recent blogs from Purview:

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