Canada's RBC, National Bank CEOs get pay raises after mega deals
Royal Bank of Canada boosted CEO Dave McKay's 2024 salary by 61% to C$24.5 million ($17.14 million), including a C$4 million bonus related to the HSBC Canada acquisition, according to a regulatory filing on Thursday.

Na, Bank of Montreal and Growth stock

Best Stock to Buy Right Now: National Bank vs Bank of Montreal?
National Bank of Canada stock falls Thursday, still outperforms market
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Total pay for Big Six bank CEOs rose last year, even with declines at TD and BMO
The chief executives of Canada’s six biggest banks earned a combined $74.5-million in 2024, up from just under $72-million in total compensation the year before
Analysts Set Bank of Montreal (NYSE:BMO) Target Price at $128.40
Bank of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) has received an average rating of “Moderate Buy” from the eleven research firms that are currently covering the company, Marketbeat.com reports.
Bank of Montreal (TSE:BMO) Price Target Raised to C$163.00 at Royal Bank of Canada
Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) had its price target hoisted by Royal Bank of Canada from C$161.00 to C$163.00 in a research note issued to investors on Wednesday,BayStreet.CA reports.
Tariff Cloud Stalls Deals and Loan Growth, Bank of Montreal Says
Trade tensions are stalling deals, investments and loan growth, according to one of Canada’s biggest banks, and while the full impact of a tariff war is impossible to game out, it’s already putting a damper on the outlook for the country’s financial sector.
Canada's big banks push for reforms in Ottawa to confront tariff risks
Canada's big bank CEOs are urging the federal government to remove internal trade barriers, evaluate tax policies and other regulation as the country's top lenders cautioned that tariff and trade risks are clouding the economic outlook.
Bank of Canada rate cut bets get boost from weak job numbers: What economists say
Both the weather and incoming tariffs are to blame for the lower-than-expected number of jobs created, according to James Orlando, director and senior economist at Toronto-Dominion Bank, and that likely means another rate cut from the Bank of Canada next week.
National Bank of Canada's bad loan reserves builds, shares fall
National Bank of Canada on Wednesday reported a higher first-quarter profit helped by robust performance in its wealth management unit.
Canadian bank CEOs received pay increases in 2024 — except for these two
Dave McKay, Royal Bank of Canada's chief executive, saw his total pay jump to $25.9 million last year, up from $16.1 million in 2023. (Credit: Galit Rodan) Four of the six chief execs at Canada’s biggest banks received more compensation in 2024 as they were rewarded for meeting financial targets in a year marked by uncertainties linked to the United States elections and rising provisions for credit losses,
Bank of Montreal tops estimates with profit boost as capital markets activity surges
Bank of Montreal TXN-Q -0.37% posted higher first-quarter profit that topped analysts’ estimates as capital markets activity surged. BMO earned $2.1-billion or $2.83 per share in the three months that ended Jan3 31. That compared with $1.3-billion or $1.73 per share in the same quarter last year.