quarterly earnings Archives - Mortgage Rates & Mortgage Broker News in Canada

National Bank of Canada quarterly earnings

National Bank sees continued mortgage growth amid CWB integration push

May 28, 2025 No Comments

National Bank of Canada reported stable mortgage growth in the second quarter, supported by strong originations and renewals, even as its focus remains on integrating Canadian Western Bank.

Scotiabank mortgage growth slows as originations dip in key markets

May 27, 2025 No Comments

Scotiabank’s mortgage growth stalled in Q2, with average balances flat from the previous quarter and originations slowing sharply in major housing markets.

TD sees softer mortgage originations as residential mortgage portfolio shrinks

May 25, 2025 No Comments

TD Bank reported a decline in residential mortgage volumes in the second quarter of 2025 as housing market activity remained soft and originations through the broker channel moderated.

First National sees 44% jump in single-family mortgage originations, but revenue boost deferred

March 17, 2025 No Comments

First National posted a strong fourth quarter, with funded single-family residential mortgages surging 44% year-over-year.

TD sees flat mortgage growth in Q1, but says proprietary channels driving future potential

March 5, 2025 1 Comment

TD Bank reported flat growth in its residential mortgage portfolio for Q1 2025, attributing part of the weakness to seasonality.

broker lender quarterly earnings results

Three-quarters of Equitable Bank’s uninsured mortgages to renew at lower rates this year

February 27, 2025 No Comments

Equitable Bank is optimistic about continued loan growth in 2025, buoyed by expectations that most of its single-family mortgage borrowers will renew at lower rates this year.

Canadian Western Bank delays Q4 results release due to legal claim

December 8, 2024 No Comments

CWB has announced a delay in the release of its Q4 and fiscal 2024 results due to a legal claim that has impacted the bank’s financial reporting timeline.

BMO’s loan loss provisions surge in Q4, but execs say credit strain appears to have peaked

December 8, 2024 No Comments

BMO’s credit performance worsened more than expected, contributing to a 15% year-over-year decline in adjusted full-year earnings.

Scotiabank sees rise in mortgage arrears but remains optimistic about renewals

December 3, 2024 1 Comment

In its fourth-quarter earnings call, the bank said higher-for-longer interest rates and elevated unemployment levels have put stress on some aspects of its portfolio.

Banks head into Q4 with investors looking for better days ahead

December 1, 2024 No Comments

The majority of Canada’s big banks are heading into fourth-quarter earnings this week riding high as fears around mortgage defaults and a recession ease.

quarterly earnings