National Bank of Canada Q3 Profit Increases 11%

National Bank of Canada

reported around 11% rise in its third-quarter profit. The bank's quarterly earnings surged to C$419 million, or $2.39 per share, versus a year-ago profit of C$379 million, or $2.14 per share. Excluding one-time items, it earned C$2.22 per share, versus C$1.98 per share. The bank shares closed at $75.21 yesterday.