National Bank of Canada posts higher quarterly profit

Wed Feb 25, 2015 7:28am EST
 
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Feb 25 (Reuters) - National Bank of Canada, the country's sixth-largest lender, reported an increase of about 2.5 percent in quarterly net profit, mainly helped by its financial markets business.

Net income rose to C$415 million ($334 million), or C$1.16 per share, in the first quarter ended Jan. 31 from C$405 million, or C$1.15 per share, a year earlier. ($1 = C$1.2410) (Reporting By Shubhankar Chakravorty in Bengaluru; Editing by Savio D'Souza)