Making sense of the markets this week: May 29 + MORE May 27th

TSX getting you down? There are always sound investment alternatives.
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Sobeys/FreshCo parent company, Empire reports earnings + MORE Sep 13th

Empire Co. Ltd. is planning for sunnier economic times on the horizon, as the parent company of Sobeys says it’s continuing to see the sales gap between its discount and full-service stores narrow.  The company’s growing FreshCo discount banner has been a “home run” for Empire, said pres.... More »

Do you need that bank mutual fund? Maybe not + MORE Jul 10th

A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients. The survey of close to 3,000 dealers by the Ontario Securities Commission and the Canadian Investment Regulatory Organization found that 25% say.... More »

The best high-interest savings accounts in Canada for 2024 + MORE Dec 2nd

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
 blue-chip

Best online brokers in Canada for 2025 + MORE May 20th

Not sure if you’re with the right online broker? Or just starting out on your self-directed investing journey and overwhelmed by the noise? We’re here again in 2025 to help you cut through the clutter and find the right platform to buy, sell and hold stocks, exchange-traded funds (ETFs) and othe.... More »

Before the Bell: U.S. futures muted, Canadian investors weigh earnings - The Globe and Mail Nov 9th

Before the Bell: U.S. futures muted, Canadian investors weigh earnings  The Globe and MailTSX Today: What to Watch for in Stocks on Thursday, November 9  The Motley Fool CanadaUpbeat earnings, energy shares drive TSX higher  ReutersThe close: TSX extends pullback as res.... More »
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.

Banking on boring profits

Consistent, proven business models that take advantage of oligopolistic pricing power are often boring. They don’t often involve CEOs standing on stage making fantastic declarations about world-changing technology. They don’t often inspire forum posts about rockets going to the moon.

Canada’s big banks just churn out reliable streams of profits quarter after quarter. 

Boring hasn’t looked good in a while. Boring looks pretty good these days. Here’s a chart, showing the adjusted earrings and direction of revenue plus dividend.

BankTickerAdjusted earnings & revenue directionDividendsBank of MontrealBMO.TOAdjusted earnings per share up to $3.23 from $3.13 last year, beat earnings prediction of $3.21, and revenue way up.Raised dividend $0.06.Bank of Nova ScotiaBNS.TOAdjusted earnings per share up to $2…

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Price of natural gas could climb higher still after cresting multi-year highs  CBC.caAnalysts say natural gas could go even higher after breaking 14-year record this week – Business News  Castanet.netNatural gas could go even higher after breaking 14-year record this week, analysts say  The Globe and MailTop TSX Stocks to Consider as Natural Gas Price Races to US$10  The Motley Fool CanadaNatural Gas Price Forecast – Natural Gas Markets Racing Higher  FX EmpireView Full coverage on Google News

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