Canadian banks post good earnings in Q3

Stocks for the Big Six are trading at modest discounts.

Eric Compton 31 August, 2018 | 5:00PM
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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 Montreal128.03 CAD-0.99Rating
Bank of Nova Scotia81.14 CAD-0.99Rating
Canadian Imperial Bank of Commerce145.84 CAD-0.88Rating
National Bank of Canada92.73 CAD-0.22Rating
Royal Bank of Canada126.97 CAD-0.56Rating
The Toronto-Dominion Bank87.35 CAD-0.56Rating

About Author

Eric Compton

Eric Compton  Eric Compton is an equity analyst for Morningstar,

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