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MARKETS LIVE BLOG:

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National Bank of Canada quarterly profit up 6 percent

Reuters
A sign is pictured outside a National Bank of Canada branch in Ottawa in this file photo dated August 27, 2009. REUTERS/Chris Wattie

TORONTO (Reuters) - National Bank of Canada (Toronto:NA.TO - News) reported a 6 percent increase in third-quarter profit on Wednesday, benefiting from good growth in its wealth management and personal and commercial businesses.

Canada's sixth-biggest lender said net income rose to C$478 million ($365 million) in the third quarter of 2016, up from $453 million a year ago. Earnings per shares rose to C$1.31 from C$1.28 a year ago.

($1 = 1.3105 Canadian dollars)

(Reporting by Matt Scuffham; editing by Susan Thomas)