On the national level, cap rates average 6.8 percent — a one basis point increase from the first quarter of 2017 and a one basis point decline from the same period last year. (nreionline.com)
This represented a 35 basis point decline from the prior year. (nreionline.com)
These positive earnings drivers were more than offset by the combined impact of several factors, including increased energy - related provisions for credit losses, a 17 basis point decline in net interest margin, moderate growth of non-interest expenses, the addition of acquisition - related contingent consideration fair value changes reflecting performance within CWB Maxium Financial (CWB Maxium), higher preferred share dividends, and the 20 % increase to CWB's income tax rate in Alberta. (cwb.com)