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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  T.BK.P.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

TSX:BK - Post Discussion

Canadian Banc Corp > BK getting interesting here...
View:
Post by mouserman on Aug 21, 2023 10:41am

BK getting interesting here...

I know financials are getting whacked, but perhaps its a bit overdone . Canadian big 6 banks are NOT in the same boat as regional banks in the US... those may start showing some weakness here in the near future, especially if Powell and the cronies on the FED JACK RATES  some more.
Might be a rebound happening here soon. ALTHO BOC raising again is NOT out of the realm of possibility.
Comment by SueBee2772 on Aug 21, 2023 10:57am
what concerns me is preserving capital if it keeps getting whacked. 
Canadian Banc Corp
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