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Toronto-Dominion Bank (The): Update to credit analysis

Our credit view of TD reflects its leading domestic market share, its retail-oriented business mix, low earnings volatility and geographic diversification through its US regional bank.

Moody’s rates Intact Financial Corporation’s senior unsecured notes Ba...

Company issuing $400 million of medium term notes Toronto , September 11, 2023 – Moody's Investors Service (Moody's) has assigned a Baa1 rating to CAD400 million of senior unsecured notes due September 2054 to be issued by Intact Financial Corporation (Intact). The company plans to use the net proce...

Canadian Imperial Bank of Commerce: Q3 2023 financial results: Higher ...

CIBC's Q3 2023 earnings were declined on higher provisions and operating expenses partially offset by strong trading revenue.

Bank of Montreal: Q3 2023 financial results: Higher PCLs and expenses ...

BMO's Q3/23 earnings had strong revenue growth driven by higher loan balances but more than offset by higher provisions and operating expenses.

Bank of Nova Scotia: Q3 2023 financial results: Solid revenue growth o...

BNS's Q3 2023 earnings reflected strong capital markets revenue and loan volumes, which were more than offset by higher PCLs and non-interest expenses, as well as lower margins.

Royal Bank of Canada: Q3 2023 financial results: Strong capital market...

RBC's Q3 2023 earnings were mainly driven by capital market revenues, partially offset by continued expense growth and increasing provisions.

Toronto-Dominion Bank (The): Q3 2023 financial results: Higher PCL, el...

TD's Q3 2023 earnings reflected higher provisions and operating expenses, margin compression in US retail banking, partly offset by loan growth in its P&C banking businesses.

Manulife Financial Corp: 3 directors

Three Directors at Manulife Financial Corp sold after exercising options/bought 40,030 shares at 25.694CAD. The significance rating of the trade was 79/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's...

Bank of Montreal: Update to credit analysis

Our credit view of BMO reflects its diversified business model and the strength of its Canadian banking franchise, constrained by its exposure to leveraged Canadian consumers.

Manulife Financial Corporation: Q2 2023 Earnings — Strong sales in Asi...

MFC's Q2 2023 core earnings were driven by higher investment earnings due to higher investment yields, strong sales in Asia, partially offset by lower than expected ALDA returns.

Bank of Nova Scotia: Update to credit analysis

Our credit view of this issuer reflects its earnings power of BNS ' strong domestic P&C banking franchise, against its earnings volatility and capital markets activities.

Sun Life Financial, Inc.: Q2 2023 Earnings - Strong business growth fu...

SLF's Q2 2023 underlying earnings were up 14% YoY, driven by strong growth in health & protection businesses, premium growth in Asia and improved insurance experience in Canada and the US.

Carl De Souza ... (+2)
  • Carl De Souza
  • Michael Driscoll

Bank of Montreal: Rating Report

On June 2, 2023, DBRS Limited (DBRS Morningstar) confirmed its ratings on the Bank of Montreal (BMO or the Bank) and its related entities, including BMO’s Long-Term Issuer Rating at AA and Short-Term Issuer Rating at R-1 (high). The trends on all ratings are Stable.

John Mackerey ... (+3)
  • John Mackerey
  • Michael Driscoll
  • Shokhrukh Temurov

Canadian Imperial Bank of Commerce: Rating Report

On June 1, 2023, DBRS Limited (DBRS Morningstar) confirmed its ratings of Canadian Imperial Bank of Commerce (CIBC or the Bank) and its related entities, including CIBC’s Long-Term Issuer Rating at AA and Short-Term Issuer Rating at R-1 (high). All trends remain Stable.

MarketLine Department
  • MarketLine Department

Sun Life Financial Inc. - Mergers & Acquisitions (M&A), Partnerships &...

Summary MarketLine's Sun Life Financial Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Sun Life Financial Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and...

MarketLine Department
  • MarketLine Department

Canadian Imperial Bank of Commerce - Mergers & Acquisitions (M&A), Par...

Summary MarketLine's Canadian Imperial Bank of Commerce Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Canadian Imperial Bank of Commerce - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. MarketLine's Company Mergers & Acquisitions (M&A), Partne...

MarketLine Department
  • MarketLine Department

Business Development Bank of Canada - Mergers & Acquisitions (M&A), Pa...

Summary MarketLine's Business Development Bank of Canada Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Business Development Bank of Canada - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. MarketLine's Company Mergers & Acquisitions (M&A), Part...

MarketLine Department
  • MarketLine Department

The Bank of Nova Scotia - Mergers & Acquisitions (M&A), Partnerships &...

Summary MarketLine's The Bank of Nova Scotia Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by The Bank of Nova Scotia - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and...

Canadian Imperial Bank of Commerce: Update to credit analysis

Our credit view of this issuer reflects its solid domestic franchise and good asset quality, constrained by rapid asset growth at CIBC Bank USA, resulting in an unseasoned loan book.

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