Maoyuan Chen

We plan to raise our fair value estimate of BMO stock.

The deal is pending regulatory approvals and is expected to close by the end of the first quarter of fiscal 2027.

We’ve raised our fair value estimates for these stocks.

We plan to lift our fair value estimate and lower our Uncertainty Rating for TD Bank stock.

We expect to increase our fair value estimate and lower our Uncertainty Rating for CIBC stock.

We anticipate increasing our fair value estimate for Royal Bank of Canada stock and lowering its Uncertainty Rating.

We will raise our fair value estimate of National Bank stock, as well as lower its Uncertainty Rating.

We plan to raise our fair value estimate and lower our Uncertainty Rating for BMO stock.

We plan to raise our fair value estimate and decrease our Uncertainty Rating for Scotiabank stock.

Manulife reported slightly disappointing results for the quarter.

We think Power Corporation of Canada stock is significantly overvalued.

The capital and risk solutions segment led the way, well ahead of its target growth.

We think Sun Life should be able to manage its exposure to private credit well.

We think regulators are likely to approve the deal.

The firm also announced a 9% increase in its dividends.

We’ve raised our fair value estimate of CIBC stock.

We think TD Bank Group stock is moderately overvalued.

We caution investors not to over-extrapolate the volatile results of the bank’s capital markets segment.

We think National Bank of Canada stock is moderately overvalued.

We plan to raise our fair value estimate of BMO stock.

We think Scotiabank stock is moderately overvalued.

We think Manulife Financial stock is moderately overvalued.

We plan to raise our fair value estimate of Sun Life stock.

We expect to increase our fair value estimate for Great-West by the high single digits

We still view the stock as slightly overvalued, as we think the market is over-extrapolating the strong performance of the bank’s capital markets business.