Betting on Canadian banks

Growth may be slowing, but steady results have Morningstar's Eric Compton seeing some undervalued stocks

Ruth Saldanha 11 October, 2019 | 1:58AM

 

 

Ruth Saldanha: Last month all the major Canadian banks announced their results for the third quarter of the year. There were no major surprises, but earnings growth did see some moderation in Q3. To discuss his views on Canadian banks and to offer us his stock pick equity analyst Eric Compton joins us from Chicago.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Montreal70.78 CAD0.84
Canadian Imperial Bank of Commerce91.80 CAD4.41
National Bank of Canada61.15 CAD7.13
The Toronto-Dominion Bank62.70 CAD4.83

About Author

Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca

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