The fund returned 2.4% in the third quarter
Equity value of standalone biz would be US$70–$100 billion, CEO says
Q4 profit grew 17%
Sick leave, labour shortages and inflation make for angst-inducing variables over the first half of 2022
Market gains justified by record rise in earnings
At the same time, the bank raised its dividend 10%
The Edmonton-based bank's annual revenue topped $1 billion for the first time, CEO says
Earnings were boosted in part by efficiency gains
The question is how sustainable the positive results will be, analyst says
Higher costs are mostly from employee compensation and strategic initiatives