In my recent RBC and TD – Dividend Boost and Share Repurchases on the Horizon post, I indicate my intent to acquire additional shares in The Royal Bank of Canada (RY) and The Toronto-Dominion Bank (TD) despite a slightly higher valuation than their smaller peers; I acquired additional shares on July 5. In this TD [...]
I recently analyzed The Canadian Imperial Bank of Commerce (CM) and have written a guest post for Dividend Power about The Bank of Montreal (BMO) which should be posted within the next couple of weeks. I will not increase my position in either bank based on my analyses. Like CM and BMO, The Royal Bank [...]
In recent articles I have indicated that I like Warren Buffett's 'punch card' analogy when it comes to investing which favors investing in a relatively small number of high quality companies as opposed 'throwing mud against the wall' which involves investing in a large number of companies. I prefer to limit the number of companies [...]
Although our daughter and her boyfriend are in their early 20s, they have expressed an interest in achieving financial freedom at a relatively young age so as to have 'options' later in life. While there are various ways in which to achieve financial freedom at an early age, equity investing is the method my wife [...]
The Royal Bank of Canada (RY) released Q2 2019 results May 23, 2019. Despite reasonably solid results the share price pulled back slightly. Based on RY's current valuation and my long-term positive outlook on the company I have acquired additional shares for what is already one of my top 10 holdings. Summary RY released Q2 [...]
The Big 5 Canadian Banks have a track record of rewarding long-term investors despite continually changing industry, business, and economic environments. Summary The Big 5 Canadian banks have recently released their Q1 2019 results and have reiterated that business conditions are challenging. Short sellers who have renewed their Big 5 bets in early 2019 [...]
This article on The Royal Bank of Canada (RY) is the second of a 5 part series on 'The Big 5' Schedule A Canadian banks. In my September 5th article I indicated that I viewed RY has being slightly overvalued. Shares have subsequently retraced to a level where I now view them as fairly valued. [...]
Summary RY recently reported record earnings of $12.4B for FY2018. Management anticipates further improvement in FY2019. RY has a well diversified business model and maintains a strong Basel III Common Equity Tier 1 (CET1) ratio. The bank has a lengthy history of profitability and dividend growth. The compound annual growth rate of RY’s dividend is [...]
The Big 5 Canadian banks have recently released their Q3 results. In this article I compare the 5, 10, 15, and 20 year returns for all 5 and provide my opinion on the order of preference in which I would acquire shares. Summary A comparison of the 5, 10, 15, and 20 year returns [...]
Summary A comparison of the 5, 10, 15, and 20 year returns for the Big 5 Canadian banks shows a clear winner. The banks which have had significant US exposure for several years have fared much better than those which do not or which have only recently entered the US market. Despite the various headwinds/uncertainties [...]
