Bank (Canadian) industry
Article Abstract:
The Canadian banking industry should experience slowing demand for loan products as Canada's economy grows stronger because of low inflation. Strengthening credit quality is boosting the bottom line for these banks, but earnings growth will slow by the end of 1997. Investments in this industry should be considered good for income-oriented investors but not good for those seeking capital appreciation.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Bank (Canadian) industry
Article Abstract:
Canadian banks will continue outperforming the market, and growth of 4% is predicted in the second half of 1996. Expenses should fall as automation makes it possible to reduce costs. These banks are also reducing their percentage of bad loans. Although not considered timely investments, most Canadian bank stocks rate high for safety and they offer better than average potential for long-term gains.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: