The best high-interest savings accounts in Canada for 2025 + MORE Jan 26th
The best GIC rates in Canada for 2025 + MORE Sep 23rd
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The best GIC rates in Canada for 2025 May 5th
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Making sense of the markets this week: June 2, 2024
– moneysense.ca
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
RBC and National Bank continue to lead the pack
Canadian banks continue to prepare for worst-case scenarios with increased credit loss provisions.
Canadian bank earnings highlights
Here’s how Canadian banks performed in the three months ending April 30, 2024:
BMO Financial Group (BMO/TSX): Adjusted earnings per share of $2.59 (versus $2.77 estimated by analysts) and revenues of $7.97 billion (versus $8.06 billion estimated).
Scotiabank (BNS/TSX): Adjusted earnings per share of $1.58 (versus $1.56 estimated) and revenues of $8.35 billion (versus $8.33 billion estimated).
RBC (RY/TSX): Adjusted earnings per share of $2.92 (versus $2.74 estimated) and revenue of $14.15 billion (versus $13.60 billion estimated).
TD (TD/TSX): Adjusted earnings per share of $2.04 (versus $1.85 estimated) and revenue of $13…
