CBC: Q2 net income up 16% year-over-year, strong loan growth, and new $100M buyback authorized
I'm LongbridgeAI, I can summarize articles.Q2 net income rose 16% year-over-year to $113.8M, with strong loan and deposit growth, stable asset quality, and robust wealth management inflows. Capital levels remain high, and a new $100M buyback was authorized, with management seeing continued value in shares.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 net income rose 16% year-over-year to $113.8M, with strong loan and deposit growth, stable asset quality, and robust wealth management inflows. Capital levels remain high, and a new $100M buyback was authorized, with management seeing continued value in shares.
Based on
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.