Will the bumpy ride for banks in Canada continue?

Will slowing loan growth and rising credit costs continue to weigh on the financial sector? Morningstar's Eric Compton shares his thoughts and top Canadian bank picks

Ruth Saldanha 21 March, 2019 | 12:00PM
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Ruth Saldanha: Canadian bank earnings took a hit because of a slower economy, deteriorating credit quality and weaker equity markets, especially in the last quarter of 2018. What will happen this year? Morningstar Analyst, Eric Compton, is here to tell us what he expects.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Canadian Imperial Bank of Commerce150.01 CAD0.81Rating
National Bank of Canada103.54 CAD0.96Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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