BNN Bloomberg
🏢 Bell Media
May 27, 2026
· 4 min read
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National Bank increases cost savings targets after Canadian Western Bank deal - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
CENTER
LEFTCENTERRIGHT
Signal breakdown
Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.285 · RIGHT
Ensemble
0.142 · CENTER
🏦 Source Intelligence
Rolling outlet bias
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avg -0.030
3,171 articles tracked
7-day bias trend
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Article Excerpt
MONTREAL — National Bank of Canada says it has upped its cost savings targets after acquiring Canadian Western Bank last year as it reported Wednesday that its profit rose last quarter.
The Montreal-based bank also raised its quarterly dividend, saying it will now pay $1.32 per share, an increase of eight cents per share.
National Bank reported a second-quarter profit of $1.23 billion, up from $896 million a year ago. That amounted to $3.06 per diluted share for the quarter ended April 30 compared with $2.17 per diluted share a year ago.
“Our second quarter was strong ... and while the macr…
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