Market Insights

Canadian banks report record earnings, yet their stock prices have dropped in 2015

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The Big Six Canadian banks reported their 4th quarter earnings during the first week of December.  The Banks generally reported record net income and most have increased their dividend rates in 2015, yet these stocks have traded down for most of 2015.

BNN invited Lorne Zeiler, Vice President and Portfolio Manager at TriDelta Investment Counsel to provide his perspective on this anomaly, as well his views on Canadian preferred shares and the overall equity markets.

lorne_bnn_nov2015

Lorne Zeiler
Written By:
Lorne Zeiler, MBA, CFA
VP, Wealth Advisor
lorne@tridelta.ca
416-733-3292 x225

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