Canadian banks post good earnings in Q3

Stocks for the Big Six are trading at modest discounts.

Eric Compton 31 August, 2018 | 5:00PM

 

 

Eric Compton: The big six Canadian banks reported third quarter earnings which were, on the whole, good once again. Adjusted earnings per share growth was 11% on average, credit quality remained excellent, and overall management outlooks have not waivered.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Montreal78.26 CAD-1.15
Bank of Nova Scotia54.20 CAD-0.70
Canadian Imperial Bank of Commerce101.88 CAD0.06
National Bank of Canada67.34 CAD-1.42
Royal Bank of Canada93.91 CAD-0.47
The Toronto-Dominion Bank60.62 CAD-0.30

About Author

Eric Compton

Eric Compton  Eric Compton is an equity analyst for Morningstar,

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