Friday, February 26, 2010

National Bank Q1 2010 Earnings

Veritas Investment Research, 26 February 2010On first glance and deeper inspection, it is hard to find too many noteworthy aspects of the National’s solid & steady first quarter. Earnings were in line with Veritas’ expectations, which were themselves slightly above the consensus view. The quarter unfolded pretty much according to script: trading revenues normalized but didn’t melt away, while

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