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Net income excluding one-off items was C$1.65 billion, or C$$1.77, in the three months ended April 30, compared with C$1.67 billion, or C$1.79 a year earlier. Analysts had expected C$1.78 a share, according to IBES data from Refinitiv.
Canada’s fifth-largest lender reported overall net profit of C$1.52 billion, or C$1.62 a share, down from C$1.65 billion or C$1.78 a year ago.
