Analyst Comment HOLD
Royal Bank(RY-T)
21/12/2022 at 07:00pm
He still owns. Banking industry is in very good shape in this country. Great dividend yield, trading at reasonable book value. Trouble is that net interest income is being offset by investment banking and such that are doing poorly. Longer term, will do well. Lots of capital to increase dividends or buy back shares. He's comfortable owning at these levels. May have seen a bit of weakness due to the HSBC purchase.
Banks
Paul Harris, CFA
$126.840
Owned