National Bank Q4 2007 Earnings

Scotia Capital, 30 November 2007Q4/07 Earnings - Low Quality - Dividend Increase� National Bank of Canada (NA) reported a modest 2% increase in fourth quarter cash operating earnings (excluding ABCP related write-downs and other charges) to $1.34 per share driven by strong trading revenue (highest in four years and second highest in history) and security gain of $0.13 per share offset partially