National Bank exceeds expectations, raises dividend

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National Bank exceeds expectations, raises dividend. National Bank unveiled a higher-than-expected second quarter profit, aided by efficiency gains, lower loan loss provisions and strong capital markets trading. For the three-month period ended April, the Montréal institution posted adjusted net income of $ 492 million or $ 1.30 per share, compared to $ 237 million or $ 0.60 per share for the same quarter of 2016.

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