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Analysts have lowered their profit estimates as Canada’s biggest banks release their third-quarter profits this week.

CIBC: Earnings Q3 2023: $1.43-billion ($1.47 per share)

National Bank of Canada : Earnings Q3 2023: $839-million ($2.36 per share)

Bank of Montreal : Earnings Q3 2023: $1.45-billion ($1.97 per share)

Bank of Nova Scotia: Earnings Q3 2023: $2.21-billion ($1.72 per share)

Royal Bank of Canada : Earnings Q3 2023: $3.9-billion ($2.73 per share)

Toronto Dominion : Earnings Q3 2023: $2.96-billion ($1.57 per share)

Source: Globe & Mail STEFANIE MAROTTA BANKING REPORTER PUBLISHED AUGUST 29, 2023

Court Painter tries to explain bank profits to his Press Attache AHM

Press Attache AHM tries to listen to CP explaining bank profits