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National Bank of Canada Q3 net income up 3% to $453 million

Staff writer |
For the third quarter of 2015, National Bank of Canada is reporting net income of $453 million, up 3% from $441 million in the third quarter of 2014, and third-quarter diluted earnings per share of $1.28, up 3% from $1.24 in the third quarter of 2014.

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All amounts are presented in Canadian dollars.

Excluding specified items, net income was a record $444 million in the third quarter of 2015, up 4% from $427 million in the third quarter of 2014, and third quarter diluted earnings per share stood at $1.25, a 4% increase from $1.20 in the same quarter of 2014. The specified items are described on page 4.

For the first nine months of fiscal 2015, the Bank’s net income totalled $1,272 million, an increase of 5% from $1,208 million in the same nine-month period of 2014.

Nine-month diluted earnings per share stood at $3.56 versus $3.41 in the same period of 2014. Excluding specified items, nine-month net income totalled $1,265 million, up 7% from $1,186 million in the same period of 2014, and nine-month diluted earnings per share stood at $3.54, up 6% from $3.34 in the same period of 2014.


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