National Bank of Canada (TSE:NA) has released an update.
National Bank of Canada has reported a 5% increase in net income for the first quarter of 2024, reaching $922 million, with diluted earnings per share rising from $2.47 to $2.59. This growth is attributed to revenue increases across all business segments and factors out the influence of the government’s 2022 tax measures. President and CEO Laurent Ferreira highlighted the bank’s robust performance, efficient capital management, and strong position amid economic uncertainties.
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