Israel’s Bank Leumi reports 40% drop in net income in 2020
Bank Leumi, one of largest lenders in Israel, has reported a 40% drop in net income in 2020 due to…
StanChart resumes dividend as annual profit drops 57% to $1.6bn
Standard Chartered's annual profit has more than halved, dropping 57% - missing analyst estimates - to $1.6bn as Covid-19 hits performance. Despite its downward performance, the Asia, Africa and Middle-East…
25 Feb 2021
RBC Q121 net income of C$3.85bn beats forecasts
RBC Q121 posts net income of C$3.85bn ($3.07bn), up 10% year-on-year for the three months to end January. The RBC Q121 earnings beat analyst forecasts and benefit from strong volume…
24 Feb 2021
Metro Bank FY2020 posts loss of £311m
Metro Bank FY2020 posts a statutory pre-tax loss of £311.4m (2019: -£130.8m) reflecting a number of one-off items and remediation costs. Total loans drop by 18% to £12.1bn while underlying…
24 Feb 2021
TD Q3 2020 beats forecasts, net income -31% to C$2.2bn
TD Q3 2020 net income beat analyst forecasts but drop by 31% year-over-year to C$2.2bn ($1.67bn). TD’s Canadian retail banking unit net income is down by 33% y-o-y to C$1.29bn.…
27 Aug 2020
RBC Q3 2020 beats forecasts, net profit -2% to C$3.2bn
RBC Q3 2020 net profit of C$3.2bn ($2.43bn) beats analyst forecasts and inches down by just 2% year-over-year despite Covid. In particular, the strong performance is driven by rising earnings…
26 Aug 2020
OCBC Q220 net profit down by 40% to S$730m
OCBC Q220 net profit falls 40% year-over-year to S$730m ($533m) from S$1.22bn in the year ago quarter missing analyst forecasts. For the first half of the current fiscal, OCBC net…
07 Aug 2020