The bank's Canadian commercial banking and wealth management business earned $456 million in Q2
Raises quarterly dividend to $1.55 per share, up four cents
Despite challenges, overall revenue grew
Potential impact on bank's growth in U.S. market is a longer-term risk
Latest quarter was fairly tame with encouraging data on the inflation front and still historically low levels of mortgage delinquencies
In 2023 most of the five biggest banks reduced fossil fuel funding relative to previous years
Company says it will ramp up share buybacks
Rents continue to trend upward, CEO says
Bank says it's working to strengthen its anti-money laundering program
The penalty is for five violations during a review between March 2022 and March 2023: Fintrac