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National Bank of Canada: Fiscal 2Q Earnings Snapshot

May 30, 2019

MONTREAL (AP) _ National Bank of Canada (NTIOF) on Thursday reported fiscal second-quarter earnings of $405.4 million.

The Montreal-based bank said it had earnings of $1.13 per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.13 per share.

The bank posted revenue of $2.17 billion in the period. Its revenue net of interest expense was $1.33 billion, also matching Street forecasts.

National Bank of Canada shares have climbed 11% since the beginning of the year. The stock has fallen roughly 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTIOF at https://www.zacks.com/ap/NTIOF

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