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National Bank records higher second-quarter profit, raises dividend

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National Bank records higher second-quarter profit, raises dividend
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National Bank of Canada reported a significant increase in its second-quarter profit, reaching $1.23 billion compared to $896 million the previous year. The bank also announced an increase in its quarterly dividend to $1.32 per share, reflecting a rise of 8 cents. Revenue for the quarter was $3.91 billion, showing growth from $3.65 billion in the same period last year.

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Original publisherThe Globe and Mail
Canonical URLhttps://www.theglobeandmail.com/business/article-national-bank-records-higher-second-quarter-profit-raises-dividend/
Publication timeWed, 27 May 2026 11:20:56 +0000
Retrieval time2026-05-27T11:32:58.864Z
Last seen2026-05-27T11:32:58.864Z
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Opening excerpt (first ~120 words) tap to expand

ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountNational Bank of Canada NA-T reported a second-quarter profit of $1.23-billion, up from $896-million a year ago, and raised its dividend.The Montreal-based bank says it will now pay a quarterly dividend of $1.32 per share, an increase of 8 cents per share.National Bank says its second-quarter profit amounted to $3.06 per diluted share for the quarter ended April 30 compared with $2.17 per diluted share a year ago.Revenue for the quarter totalled $3.91-billion, up from $3.65-billion in the same quarter last year, while the bank’s provision for credit losses amounted to $233-million, down from $545-million a year ago.On an adjusted basis, National Bank says it earned $3.23 per diluted share in its latest…

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