In January, my Scotiabank (BNS) Is A Terrible Long-Term Investment guest post was published at Dividend Power. My recent TD Bank (TD) guest post is now accessible at Dividend Power. In my opinion, TD is far more appealing than BNS from a total long-term investment return perspective. Furthermore, I deem TD's credit risk to be [...]
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 [...]
I am helping two young investors build equity portfolios which will consist of shares in high quality companies. On November 2nd, one of these young investors acquired shares in The Toronto-Dominion Bank (TD) and Brookfield Asset Management (BAM-a). Summary An investment in The Toronto-Dominion Bank and Brookfield Asset Management is unlikely to keep you awake [...]
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 Toronto-Dominion Bank (TD) is the third of a 5 part series on 'The Big 5' Schedule A Canadian banks. In my September 5th article I indicated that I viewed TD has being slightly overvalued. Shares have subsequently retraced to a level where I now view them as fairly valued. I view [...]
Summary TD reported strong FY2018 results and senior management is confident it can continue to deliver adjusted EPS growth within the 7% - 10% medium-term target range. It has a well diversified business model, credit quality is strong, and it maintains a strong Basel III Common Equity Tier 1 (CET1) ratio. I anticipate a [...]
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 [...]
The Big 6 Canadian Banks have certainly rewarded long-term shareholders. If you do not currently have a position in any of these banks, this guest post I wrote for Sure Dividend should help you determine whether these banks are worthy of your consideration as part of a well diversified portfolio. I delve into some of [...]
