Category Archives: ATB

Alberta Treasury Branches (ATB Financial)

2016-17 First Quarter Financial Results

Originally posted 28 June 2016

Given the dreary news coming out of the commercial real estate market in Alberta this week, ATB’s earnings were a surprise on the upside. ATB earned $25 million which represented  nearly Budget 2016’s full year estimate of earnings ($27 million) predicted on April 14th. The optimistic news in ATB’s first quarter report contrasts starkly with news from commercial real estate REIT, Dream Office, that wrote down 45 per cent of its Alberta office portfolio. [See Commercial Real Estate for more details.] Continue reading