Total revenues for the fourth quarter of 2011 were C$1.19bn, up 8%, compared to C$1.09bn for the same period a year ago.

Wealth management segment posted a net income of C$35m, up 13%, compared to C$31m for the same period in the corresponding year.

National Bank of Canada president and CEO Louis Vachon said that the Bank raised its dividend by 6% to $0.75 per share for the next quarter. The One client, one bank probram enjoyed steady progress during the year, and the Bank will continue deploying it in 2012.

"Given the economic and financial uncertainty, especially in Europe, the Bank will remain vigilant in the management of its operations," added Vachon.