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Laurentian lifts dividend despite drop

Article Abstract:

Laurentian Bank of Canada has posted a record profit for fiscal 2001 and given shareholders a 7% dividend increase, despite a decrease in fourth-quarter earnings. The bank posted a profit of $23.5 million for the three months ended Oct. 31, a decrease from $30.1 million a year earlier.

Author: Partridge, John
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Commercial Banks, Commercial Banking, Sales, profits & dividends, Laurentian Bank of Canada

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CIBC's profit quadruples

Article Abstract:

Canadian Imperial Bank of Commerce has reported that its profit has risen sharply for the third quarter. CIBC, which is led by chief executive officer John Hunkin, said that it earned $788 million in profit in the quarter.

Author: Stewart, Sinclair
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Financial management, Canadian Imperial Bank of Commerce, Company financing

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Subjects list: Banking industry, Canada, Finance
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