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National Bank of Canada: Fiscal 4Q Earnings Snapshot

MONTREAL (AP) _ National Bank of Canada (NTIOF) on Wednesday reported fiscal fourth-quarter earnings of $445.7 million.

The Montreal-based bank said it had earnings of $1.26 per share. Earnings, adjusted for non-recurring costs, came to $1.28 per share.

The bank posted revenue of $2.32 billion in the period. Its revenue net of interest expense was $1.45 billion, exceeding Street forecasts.

For the year, the company reported profit of $1.7 billion, or $4.77 per share. Revenue was reported as $5.59 billion.

National Bank of Canada shares have risen 30% since the beginning of the year. The stock has risen 17% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTIOF at https://www.zacks.com/ap/NTIOF