Canadian Banc Corp T.BK

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

Financial Services Asset Management

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 annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

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Canadian Banc Corp > Financial Post: Barclays analyst lifts target prices for Can

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Comment by TheeRookon Aug 22, 2023 3:27pm

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Post# 35600469

RE:Financial Post: Barclays analyst lifts target prices for Can

Earnings season for banks coming with TD on Thursday Aug 24.

Estimates have been lowered. Nothing has blown up yet, so will meet or maybe beat lowered earnings BAR.

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