Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

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

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

Add To Watchlist

TSX:BK - Post Discussion

Canadian Banc Corp > TD earnings not a good start for CAD banks..

View:

Post by mouserman on Aug 22, 2024 10:05am

TD earnings not a good start for CAD banks..

Today TD is down about 2.8 % and the rest of the CAD banks arent up much, mostly flat.
Lifecos continue to surge higher..

Comment

Comment by pozirk on Aug 22, 2024 1:11pm

Well, how about Scotia trading today lower than it was trading 10 years ago? Apparently Canadian banks are not as solid as one might think.

Comment

Comment by deisman03 on Aug 22, 2024 10:24pm

Appx fifteen years ago, Scotiabank decided it would start investing heavily in South America. At first, it looked like a good idea. I don't believe they knew what they were up against. They've been in steady decline or on a sideways tangeant ever since. However that hasn't stopped them from paying dividends. Scotia recently started selling off their South ...more

Comment