Q: National Bank has been on a bit of a tear lately and I am sitting on a rather nice 47% gain. When I value Canadian banks { long term } I generally consider them fairly valued when the yield is around 4% and on sale when they approach 5%. National being the smallest of the big five plus one I expect a slightly higher yield. So at 3.48% I am wondering it is overvalued and I should switch to a different Canadian bank. What are your thoughts on the matter ? And if you concur which bank { I already own BNS } would you suggest if you agree ?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What banks were the best performers and worst performers in 2019?
Q: Hi, I have had fsz for approximately 3 years, b.e is 13.74 and have been thinking if it has dropped about $4 in this market , what will happen in a down market?
My other option was NA bank which has been a lost opportunity. Should i sell fsz (7%) and buy na, or sell half and buy half na. Or just stay the course?
I think fsz is ok, for dividend but getting a little worried with where it’s at after such a great market the last 3 years. I do like to keep a stock 3+ years to give it a chance to work. With a good market and good management I find it usually works out. In a poor or flat market of course all bets are off. also I do have TD in my financial sector which has done well.
Thanks
My other option was NA bank which has been a lost opportunity. Should i sell fsz (7%) and buy na, or sell half and buy half na. Or just stay the course?
I think fsz is ok, for dividend but getting a little worried with where it’s at after such a great market the last 3 years. I do like to keep a stock 3+ years to give it a chance to work. With a good market and good management I find it usually works out. In a poor or flat market of course all bets are off. also I do have TD in my financial sector which has done well.
Thanks
Q: I have read that Canadian banks this week are gearing up to report their slowest annual earnings growth since the global financial crisis.
Do you anticipate a negative market response to my holdings listed above? With all 3 at 52-wk highs, how would you rank them for a continued "Hold"?
Do you anticipate a negative market response to my holdings listed above? With all 3 at 52-wk highs, how would you rank them for a continued "Hold"?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: Which of the following bank stocks are most susceptible to a price decrease if a recession was to occur in the near future. Please list as least susceptible to most susceptible. The stocks are RY, BMO, BNS, TD, CM, NA. Thanks … Cal
Q: As far as Canadian bank stocks are concerned, I don’t hear to much on National Bank. Given the state of the housing market and it’s home province being Quebec, I would think there mortgage portfolio should have good growth. Would this make NA a buy, of are there other factors in bank earning that are more paramount. If not NA, which bank would you recommend, or would you stay away from the banks for now.
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
- Canadian Western Bank (CWB)
Q: Now there is talk of negative interest rates eventually coming to Canadian markets. What would be the impact on the banks and financials here?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: There have been a lot of questions about your thoughts on CIBC and whether now is a good time to buy. It seems like you prefer other Canadian banks for their dividends and growth potential. Can you please rank Canadian banks from what you believe is best to worst for a 5 year investment horizon?
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- National Bank of Canada (NA)
Q: I own the Canadian bank stocks listed above with BNS, RY and TD each having a 6% weighting and NA 3.5% and BMO about 2%. Overall my Canadian bank weighting is over 20% of my portfolio, mostly a result of inheriting my father's income portfolio. I want to trim my overall weighting, which bank(s) would you trim.
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Manulife Financial Corporation (MFC)
- National Bank of Canada (NA)
- CI Financial Corp. (CIX)
Q: Hello,
Our financial weighting is still quite a bit higher than you suggest for a portfolio...so my plan is to sell our (underwater) CIX as well as one or two of our (positive) bank stocks. Appreciate your ranking and thoughts regarding our bank holdings noted above. Thank you.
Our financial weighting is still quite a bit higher than you suggest for a portfolio...so my plan is to sell our (underwater) CIX as well as one or two of our (positive) bank stocks. Appreciate your ranking and thoughts regarding our bank holdings noted above. Thank you.
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: Have any of the big 6 Canadian banks ever cut their dividends and if yes can you please provide specifics as to when, by what magnitude.
Many thanks for your service,
Stevr
Many thanks for your service,
Stevr
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- National Bank of Canada (NA)
Q: I hold the above banks. Which would you hold right now and which might you liquidate, of you needed the finds and why?
Thanks for all your support,
Mark
Thanks for all your support,
Mark
Q: Hi 5i team:
I have a decent position in NA, which I like , but its price response to the recent month volatility and the "hold" recommendation from analysts is leading me to believe I should switch to another bank , what is your opinion and which bank would be a better buy now ?.
thanks
PD. There would be a new update on the market recent volatility
I have a decent position in NA, which I like , but its price response to the recent month volatility and the "hold" recommendation from analysts is leading me to believe I should switch to another bank , what is your opinion and which bank would be a better buy now ?.
thanks
PD. There would be a new update on the market recent volatility
Q: Hi,
Please provide your opinion on National Bank's latest results. Also, is the debt level comparable to peer's.
Thank you
Please provide your opinion on National Bank's latest results. Also, is the debt level comparable to peer's.
Thank you
Q: Today which would you choose and why?
Thanks as always
Thanks as always
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- Canadian Imperial Bank Of Commerce (CM)
- National Bank of Canada (NA)
Q: Of the top 6 Canadian Banks, can you rank their exposure to the US from the least to the most exposure?
- Royal Bank of Canada (RY)
- Bank of Nova Scotia (The) (BNS)
- Bank of Montreal (BMO)
- National Bank of Canada (NA)
Q: i am thinking buying some Canadian bank stock, it is a good timing for long turn investment ? and which bank your team will choose?
i am 48 years now.
thanks!!
Jacky
i am 48 years now.
thanks!!
Jacky
Q: Lately, a few analysts at BNN have mentioned about canadian banks being overvalued. I own TD, NA, BNS with about 4% each on the portfolio. All in registered accounts and above purchase price. Would it make sense to sell all (or some) and wait in case they correct ?. If yes, what can they be replaced with ? Thanks
- Royal Bank of Canada (RY)
- Toronto-Dominion Bank (The) (TD)
- Bank of Montreal (BMO)
- Sun Life Financial Inc. (SLF)
- National Bank of Canada (NA)
- BMO S&P/TSX Capped Composite Index ETF (ZCN)
- iShares Core Canadian Universe Bond Index ETF (XBB)
- iShares Core S&P 500 Index ETF (XUS)
- iShares Core S&P/TSX Capped Composite Index ETF (XIC)
- ECN Capital Corp. (ECN)
Q: Hi 5i
I am heavily in financials 32% am working to diversify in my portfolio. I have listed a number of my invested companies. Investments are in Can. Cash, TFSA & RRSP heaviest in (RRSP)
I would like to re-invest in divided stocks and 2 ETFs. can you advise which would be best replaced and list a few that are in your top considerations.
Thanks,
Scott
Thanks, Scott
I am heavily in financials 32% am working to diversify in my portfolio. I have listed a number of my invested companies. Investments are in Can. Cash, TFSA & RRSP heaviest in (RRSP)
I would like to re-invest in divided stocks and 2 ETFs. can you advise which would be best replaced and list a few that are in your top considerations.
Thanks,
Scott
Thanks, Scott
Q: Hi, my advisor suggested I sell na as it is an all Canadian bank ,and buy Zwb or sit on cash.
I'am a investor for dividends mostly and some growth. Do you think this is a good move,or is the switch even necessary. I assume if I went to cash it would be see if there is a correction and buy at a later time?
Thanks for your comments,Brad
I'am a investor for dividends mostly and some growth. Do you think this is a good move,or is the switch even necessary. I assume if I went to cash it would be see if there is a correction and buy at a later time?
Thanks for your comments,Brad