249.3M$ in fourth quarter for National Bank of Canada

249.3M$ in fourth quarter for National Bank of Canada

MONTREAL (AP) _ National Bank of Canada (NTIOF) on Wednesday reported fiscal fourth-quarter net income of $249.3 million.

The bank, based in Montreal, said it had earnings of 72 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were 88 cents per share.

The bank posted revenue of $1.07 billion in the period.

For the year, the company reported profit of $1.25 billion, or $3.63 per share. Revenue was reported as $4.63 billion.

National Bank of Canada shares have fallen 22 per cent since the beginning of the year. The stock has dropped 29 per cent in the last 12 months.MONTREAL (AP) _ National Bank of Canada (NTIOF) on Wednesday reported fiscal fourth-quarter net income of $249.3 million.

The bank, based in Montreal, said it had earnings of 72 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were 88 cents per share.

The bank posted revenue of $1.07 billion in the period.

For the year, the company reported profit of $1.25 billion, or $3.63 per share. Revenue was reported as $4.63 billion.

National Bank of Canada shares have fallen 22 per cent since the beginning of the year. The stock has dropped 29 per cent in the last 12 months.

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