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National Bank of Canada Reports Rise In Q4 Profit, Lifts Dividend

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National Bank of Canada (OTC: NTIOF) reported a rise in fourth-quarter profit.

National Bank of Canada's quarterly net income rose to C$294 million, or C$1.74 per share, from a year-ago profit of C$287 million, or C$1.66 per share. Its revenue surged 9% to C$1.19 billion.

National Bank of Canada's net income from the wealth management segment jumped 13% to C$35 million.

National Bank of Canada also lifted its quarterly dividend by 6% to 75 Canadian cents a share.

National Bank of Canada shares closed at $65.95 yesterday.

Posted-In: EarningsEarnings News Dividends

 

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