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Equity Research

Episode 28: Canadian banking sector: Q4 earnings surprises

December 9, 2020

Meny Grauman, Managing Director, Financial Services, Global Equity Research at Scotiabank, analyzes the Canadian banking sector’s Q4 results.

 

 

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The Canadian Big Banks provided earnings surprises once again. But given COVID-19’s deep winter wave and an economy that still requires a lot of support, how much longer can they keep this up? In this episode of Market Points, Meny Grauman, Managing Director, Financial Services, Global Equity Research at Scotiabank, talks earnings opportunities and which bank stocks are worth a closer look. 

 

Market Points is part of the Knowledge Capital Series, a collection of audio, video and written commentary from Scotiabank Global Banking and Markets' leaders and experts, designed to provide you with timely insights and analysis.

 

For more information, please contact:

 

Meny Grauman

Managing Director, Financial Services, Global Equity Research

meny.grauman@scotiabank.com

 

 

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Important Disclosures:

Scotia Capital (USA) Inc. or its affiliates has managed or co-managed a public offering in the past 12 months: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, TD Bank Financial Group. Scotia Capital (USA) Inc. or its affiliates has received compensation for investment banking services in the past 12 months: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, TD Bank Financial Group. Scotia Capital (USA) Inc. or its affiliates expects to receive or intends to seek compensation for investment banking services in the next 3 months: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada. Within the last 12 months, Scotia Capital Inc. and/or its affiliates have undertaken an underwriting liability with respect to equity or debt securities of, or have provided advice for a fee with respect to, this issuer: Bank of Montreal, Canadian Imperial Bank of Commerce, Royal Bank of Canada, TD Bank Financial Group. The Head of Equity Research or a Supervisory Analyst owns securities of this issuer in his or her own account or in a related account: Bank of Montreal, Canadian Imperial Bank of Commerce, TD Bank Financial Group. Scotia Capital Inc. and its affiliates collectively beneficially own in excess of 1% of one or more classes of the issued and outstanding equity securities of this issuer: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, TD Bank Financial Group. The Bank of Nova Scotia and its affiliates collectively have a net long position in excess of 0.5% of the total issued share capital of the issuer: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, TD Bank Financial Group.

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