{"id":1941338,"date":"2023-05-31T15:38:02","date_gmt":"2023-05-31T19:38:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/national-bank-of-canada-posts-lower-profit-on-higher-provisions\/"},"modified":"2023-05-31T15:38:54","modified_gmt":"2023-05-31T19:38:54","slug":"national-bank-of-canada-posts-lower-profit-on-higher-provisions","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/national-bank-of-canada-posts-lower-profit-on-higher-provisions\/","title":{"rendered":"National Bank of Canada&#8217;s profit drops due to increased provisions."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnational-bank-of-canada-posts-lower-profit-on-higher-provisions%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1941338&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>National Bank of Canada Reports Fall in Q2 Profit<\/h2>\n<blockquote>\n<p>(Reuters) \u2013 National Bank of Canada reported a fall in second-quarter profit on Wednesday as a shaky economy and a meltdown in the U.S. <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/national-bank-of-canada-posts-lower-profit-on-higher-provisions\/\" title=\"National Bank of Canada's profit drops due to increased provisions.\">banking sector prompted<\/a> the lender to set aside higher provisions.<\/p>\n<\/blockquote>\n<p>The net income for the three months ended April 30 came in at C$847 million ($633.41 million) or C$2.38 a share, compared to C$889 million or C$2.53 a year ago. This news comes as no surprise given the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/corrupt-media-pollsters-are-using-dishonest-tactics-to-drag-america-into-war\/\" title=\"Corrupt Media Pollsters Are Using Dishonest Tactics To Drag America Into War\">current economic climate<\/a>. <\/p>\n<p>It&#8217;s important to keep an eye on the financial sector during these uncertain times. <\/p>\n<h3>Other Headlines:<\/h3>\n<ul>\n<li><strong>Indoctrination in Public Education:<\/strong> A former California educator who left to open her own school says the biggest issues in public education right now is indoctrination.<\/li>\n<li><strong>Debt Ceiling Deal:<\/strong> Speaker McCarthy\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/we-have-to-de-weaponize-manchin-chides-schumer-for-hammering-republicans-after-debt-ceiling-vote\/\" title=\"\u2018We Have To De-Weaponize\u2019: Manchin Chides Schumer For Hammering Republicans After Debt Ceiling Vote\">debt ceiling deal<\/a> may cost him his post in this edition of the Daily Feed with Tom McGrath.<\/li>\n<li><strong>Assault on Off-Duty Marines:<\/strong> Over Memorial Day weekend, a group of teens were videotaped assaulting off-duty Marines.<\/li>\n<li><strong>Investment in Indonesia:<\/strong> A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia\u2019s mining and electric vehicle\u2026<\/li>\n<\/ul>\n<p>Stay informed with the latest news and updates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Canada&#8217;s Q2 profit fell due to a weak economy and higher provisions. Net income for the three months ended April 30 was C$847 million ($633.41 million) or C$2.38 a share, down from the previous year.<\/p>\n","protected":false},"author":66,"featured_media":1941339,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[5373,8004,3727,7729,4107,7116,21093],"class_list":["post-1941338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-bank","tag-canadas","tag-drops","tag-increased","tag-national","tag-profit","tag-provisions"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1941338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1941338"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1941338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1941339"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1941338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1941338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1941338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}