Showing 1 to 12 of 18 results
Canadian Bank Stocks: Strong Q3 Earnings, but Valuation Concerns Remain
Despite a combined $16.7 billion in net earnings for the Big Six Canadian banks in Q3 2024, exceeding analysts' estimates by 8.6 percent, high valuations raise concerns about future growth, suggesting a potential market correction.
Canadian Bank Stocks: Strong Q3 Earnings, but Valuation Concerns Remain
Despite a combined $16.7 billion in net earnings for the Big Six Canadian banks in Q3 2024, exceeding analysts' estimates by 8.6 percent, high valuations raise concerns about future growth, suggesting a potential market correction.
Progress
24% Bias Score
Canada's Housing Market Shows Mixed Signals, Impacting Mortgage Lending
Canada's housing market shows a mixed recovery with sales up 7 percent year-over-year but down 4 percent month-over-month; mortgage lending growth is projected to be modest through 2026, impacting banks' revenue; home prices declined.
Canada's Housing Market Shows Mixed Signals, Impacting Mortgage Lending
Canada's housing market shows a mixed recovery with sales up 7 percent year-over-year but down 4 percent month-over-month; mortgage lending growth is projected to be modest through 2026, impacting banks' revenue; home prices declined.
Progress
16% Bias Score
Canaccord Genuity Upgrades Bank of Nova Scotia on Improved International Outlook
Canaccord Genuity raised its price target for Bank of Nova Scotia (BNS-T) to C$85 from C$81, citing the expectation that its undervalued international operations, particularly in Latin America, will significantly improve. The analyst notes that BNS currently trades at a 2.5x lower price-to-earnings ...
Canaccord Genuity Upgrades Bank of Nova Scotia on Improved International Outlook
Canaccord Genuity raised its price target for Bank of Nova Scotia (BNS-T) to C$85 from C$81, citing the expectation that its undervalued international operations, particularly in Latin America, will significantly improve. The analyst notes that BNS currently trades at a 2.5x lower price-to-earnings ...
Progress
8% Bias Score
Canadian Banks Increase Loan Loss Provisions Amidst US Trade Uncertainty
RBC and CIBC increased loan-loss provisions to \$1.42 billion and \$605 million respectively in Q2 2024, driven by US trade uncertainty impacting consumer and business debt conditions; RBC exceeded, while CIBC fell short of analyst expectations.
Canadian Banks Increase Loan Loss Provisions Amidst US Trade Uncertainty
RBC and CIBC increased loan-loss provisions to \$1.42 billion and \$605 million respectively in Q2 2024, driven by US trade uncertainty impacting consumer and business debt conditions; RBC exceeded, while CIBC fell short of analyst expectations.
Progress
32% Bias Score
National Bank Beats Q2 Estimates Despite Increased Loan Loss Provisions
National Bank of Canada reported a second-quarter profit of $2.85 per share, exceeding analyst expectations, despite a 1 percent decrease in net income to $896 million due to a significant increase in loan loss provisions to $545 million and increased expenses from the recent acquisition of Canadian...
National Bank Beats Q2 Estimates Despite Increased Loan Loss Provisions
National Bank of Canada reported a second-quarter profit of $2.85 per share, exceeding analyst expectations, despite a 1 percent decrease in net income to $896 million due to a significant increase in loan loss provisions to $545 million and increased expenses from the recent acquisition of Canadian...
Progress
20% Bias Score
Canada's Banks Brace for Trade War Impact on Q2 Earnings
Canada's six largest banks are set to report second-quarter earnings next week, with analysts expecting higher loan loss provisions and slower loan growth due to the US trade war's impact on economic growth. Investors will scrutinize how well lenders manage rising financial stress and their economic...
Canada's Banks Brace for Trade War Impact on Q2 Earnings
Canada's six largest banks are set to report second-quarter earnings next week, with analysts expecting higher loan loss provisions and slower loan growth due to the US trade war's impact on economic growth. Investors will scrutinize how well lenders manage rising financial stress and their economic...
Progress
40% Bias Score
BMO and BNS Q3 Profits Exceed Expectations, Driving Analyst Price Target Hikes
Analysts raised price targets for Bank of Montreal (BMO) and Bank of Nova Scotia (BNS) after both banks reported Q3 profits exceeding expectations due to lower-than-anticipated loan loss provisions, with BMO seeing average price target jump to C$169.77 and BNS to C$86.54.
BMO and BNS Q3 Profits Exceed Expectations, Driving Analyst Price Target Hikes
Analysts raised price targets for Bank of Montreal (BMO) and Bank of Nova Scotia (BNS) after both banks reported Q3 profits exceeding expectations due to lower-than-anticipated loan loss provisions, with BMO seeing average price target jump to C$169.77 and BNS to C$86.54.
Progress
32% Bias Score
Canadian Bank Earnings Growth Projected at 6 Percent, AI's Productivity Impact Debated
RBC analyst Darko Mihelic projects 6 percent year-over-year and 6 percent quarter-over-quarter growth in core EPS for major Canadian banks in Q3 2025, while BMO's Doug Porter suggests AI's productivity impact is less significant than the internet's, and Wells Fargo's Austin Pickle downgrades commodi...
Canadian Bank Earnings Growth Projected at 6 Percent, AI's Productivity Impact Debated
RBC analyst Darko Mihelic projects 6 percent year-over-year and 6 percent quarter-over-quarter growth in core EPS for major Canadian banks in Q3 2025, while BMO's Doug Porter suggests AI's productivity impact is less significant than the internet's, and Wells Fargo's Austin Pickle downgrades commodi...
Progress
44% Bias Score
Oil Prices Surge After Iran Attack; Canadian Bank Earnings Dip; Housing Market Shows Underlying Stress
Global oil prices spiked to $75 per barrel following Israel's attack on Iran, while Canadian bank earnings showed a slight decline in Q2 2025 due to higher provisions for credit losses, and Canada's household mortgage debt service ratio remains stable, though interest payments are increasing.
Oil Prices Surge After Iran Attack; Canadian Bank Earnings Dip; Housing Market Shows Underlying Stress
Global oil prices spiked to $75 per barrel following Israel's attack on Iran, while Canadian bank earnings showed a slight decline in Q2 2025 due to higher provisions for credit losses, and Canada's household mortgage debt service ratio remains stable, though interest payments are increasing.
Progress
16% Bias Score
Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty
BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...
Canadian Banks Boost Loan Loss Provisions Amidst Trade Uncertainty
BMO and National Bank of Canada reported higher-than-expected second-quarter earnings but increased loan loss provisions to $1.05 billion and $545 million, respectively, due to rising default risks from U.S. trade tensions and weakening Canadian economic indicators, impacting both consumer and comme...
Progress
28% Bias Score
National Bank Beats Q2 Estimates Despite Rising Loan Loss Provisions
National Bank of Canada reported a Q2 profit of $2.85 per share, exceeding analysts' expectations despite a 1% net income decrease to $896 million due to increased loan loss provisions ($545 million) and higher expenses from its recent acquisition of Canadian Western Bank; the bank increased its div...
National Bank Beats Q2 Estimates Despite Rising Loan Loss Provisions
National Bank of Canada reported a Q2 profit of $2.85 per share, exceeding analysts' expectations despite a 1% net income decrease to $896 million due to increased loan loss provisions ($545 million) and higher expenses from its recent acquisition of Canadian Western Bank; the bank increased its div...
Progress
20% Bias Score
RBC Investor Day: Growth Strategy Under Scrutiny Amid US Trade Tensions
Royal Bank of Canada (RBC) will hold its first investor day in seven years on Thursday in Toronto to discuss future growth plans amid rising U.S. trade tensions and its substantial U.S. market presence which constitutes 26 percent of its revenue.
RBC Investor Day: Growth Strategy Under Scrutiny Amid US Trade Tensions
Royal Bank of Canada (RBC) will hold its first investor day in seven years on Thursday in Toronto to discuss future growth plans amid rising U.S. trade tensions and its substantial U.S. market presence which constitutes 26 percent of its revenue.
Progress
32% Bias Score
Showing 1 to 12 of 18 results