VIAC

ViacomCBS Inc.

29.58
USD
-17.81%
29.58
USD
-17.81%
27.84 101.97
52 weeks
52 weeks

Mkt Cap 17.95B

Shares Out 606.71M

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National Bank of Canada beats profit estimates for second quarter

TORONTO, May 27 (Reuters) - National Bank of Canada NA.TO beat analysts' estimates for second-quarter profit on Friday, boosted by a jump in interest and fee income and lower provisions for credit losses. Net income excluding one-off items was C$893 million ($700.61 million), or C$2.55, in the three months ended April 30, compared with C$801 million, or C$2.25, a year earlier. Analysts had expected earnings to be flat from last year, according to IBES data from Refinitiv. ($1 = 1.2746 Canadian dollars) (Reporting By Nichola Saminather in Toronto and Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri) ((Nichola.Saminather@thomsonreuters.com; +1 647 480 7519;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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