Several Big Canadian Banks Expected to Lift Dividends -- Market Talk

Dow Jones
2025/05/16

1001 ET - Despite expectations that earnings for Canada's big banks have stalled, several are set to lift payouts to shareholders, BMO Capital Markets' Sohrab Movahedi says. The earnings season for banks kicks off May 22 starting with Toronto-Dominion Bank. Movahedi reckons the Big 5 banks, excluding Bank of Montreal, will turn in flat cash operating EPS following three consecutive quarters of double-digit year-on-year growth. The analyst expects credit quality and reserve adequacy to be a key focus this quarter amid macroeconomic uncertainty. Still, dividend increases are expected from Bank of Nova Scotia, Royal Bank and National Bank of Canada this quarter, Movahedi says. BMO has outperform calls on Royal Bank, TD Bank and Canadian Imperial Bank of Commerce for their defensive qualities. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

May 16, 2025 10:01 ET (14:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10