March 1(Reuters) - National Bank of Canada NA.TO said its first-quarter profit surged 90.4 percent compared with the year-ago period, when it took a write-off charge of C$236 million ($177 million).
Canada's sixth-largest bank said its net income rose to C$497 million, or C$1.34 per share, in the latest quarter from C$261 million, or 67 Canadian cents per share, a year earlier.
Total revenue rose 26.7 percent to C$1.63 billion in the quarter ended Jan. 31, the bank said on Wednesday. ($1 = C$1.3314)