Canadian Banks – A Long Term Opportunity

Despite recent challenges in the sector, Canadian banks have historically outperformed the market during and after recessions.

Learn from the timely insight on Canadian bank stocks in this commentary written by CIBC Asset Management’s Ryan Diamant, Associate Client Portfolio Manager, and David Andrich, Senior Equity Research Analyst.

Bank stocks have continued to maintain high dividends relative to the broader market, despite recent headwinds. This presents an opportunity to invest in valuations that are now at multi-decade lows, while still being paid to hold onto “the most well-capitalized, safest financial institutions globally”.

Read here

If you have any questions, please reach out by email or phone.

Join us for an insightful discussion on the 2024 outlook at our virtual event with CIBC’s Benjamin Tal, Managing Director and Deputy Chief Economist.

Tuesday, November 7, 4:00-5:00 pm.

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SFFG Insights

Smith Falconer Financial Group

November 01, 2023

Canadian Banks – A Long Term Opportunity

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