Strong Financial Performance
National Bank reported earnings per share of $2.93 for Q1 2025, up 13% year-over-year, with a return on equity of 17.6%.
Robust Capital Position
The bank ended the quarter with a CET1 ratio of 13.6%, indicating strong internal capital generation capacity.
Wealth Management Growth
Wealth Management earnings increased by 23% year-over-year, driven by market appreciation and strong net entries.
Successful Acquisition of Canadian Western Bank (CWB)
The acquisition of CWB was completed with minimal impact on CET1 ratio, and plans for integration are underway.
Financial Markets Segment Exceeds Expectations
Financial markets net income grew 35% year-over-year, with record top-line results due to elevated activity across businesses.