RY - Opportunities In Canadian Bank Stocks Even As Credit-Loss Concerns Persist
2024-06-13 08:05:00 ET
Summary
- What credit loss provisions could mean for Canada's banking sector.
- Canadian banks: First quarter of positive operational leverage in two years.
- Credit loss concerns remain, but are there still opportunities in Canadian bank stocks?
Canada's largest banks reported solid earnings in the second quarter, but potential market headwinds remain. Mario Mendonca, Managing Director at TD Cowen, breaks down the key results and gives his outlook for the sector.
Transcript
Kim Parlee - Canada's big banks have reported their results, with most putting in a pretty solid quarter. Joining us for a breakdown is Mario Mendonca, managing director at TD Cowen. And we should say that for full disclosure of all the companies covered by TD Cowen, a division of TD Securities, please see the link at the end of the video....
Opportunities In Canadian Bank Stocks Even As Credit-Loss Concerns Persist