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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp > clarification
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Comment by braincloudon Mar 06, 2016 9:56am
91 Views
Post# 24627207

RE:RE:RE:RE:RE:RE:RE:RE:RE:clarification

RE:RE:RE:RE:RE:RE:RE:RE:RE:clarificationI can read an income statement and don't have to rely on someone to do that for me. The income statement clearly show that there no way you can come up the any PE multiple. No matter, I was merely pointing out an error and that your postings can't be relied upon as being fact but just some musings that you dream up. As for my my being able to navigate this stock that's another matter altogether. Had you told us that oil was going to drop to $26 perhaps I would have done things differently. Next you're going to tell me you were short throughout, correct? You are my hero!!! Can anyone out there corroborate Judah's number for the correct PE?
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