Canadian Banks Q1 2011 Results

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2011/03/bank-q1-earnings.html

Would have liked to have found a better article but the only one I could find that summarizes all of the banks' Q1 2011 results was at this website that focuses on mortgages. I have not read any of the mortgage related content in this article, I am simply posting as a summary of Canadian banks' Q1 2011 results.

Canada’s Big Six banks earned a collective $6.5 billion in the first quarter of 2011.

Royal Bank
Q1 profit: $1,839 million (C$1.24 per share)
Increase from Q1 2010: 23%

TD Bank
Q1 profit: C$1,590 million (C$1.74 per share)
Increase from Q1 2010: 18%
Raised dividend

Scotia Bank
Q1 profit: $1,174 million (C$1.07 per share)
Increase from Q1 2010: 19%
Raised dividend

CIBC
Q1 Profit: $799 million (C$1.92 per share)
Increase from Q1 2010: 23%

BMO
Q1 Profit: $776 million (C$1.32 per share)
Increase from Q1 2010: 18%

National Bank
Q1 profit: $312 million (C$1.80 per share)
Increase from Q1 2010: 45%
 
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