Banks Poised for Solid Growth in Q2 Despite Uncertain Economic Backdrop: Analysts

Date:

Bank towers are pictured in the financial district in Toronto, on Sept. 8, 2023. The Canadian Press/Andrew LahodynskyjAs Canadian banks get set to report second-quarter results next week, analysts expect year-over-year gains despite a “challenging” operating environment and slowing loan growth.Even with “serious potential headwinds,” Canadian banks are still seeing near historically high valuations, a trend that should continue this quarter, said Jefferies analyst John Aiken in a note on Tuesday.

spot_imgspot_imgspot_img

Share post:

More like this
Related

South Africa World Cup Star Jayden Adams Dies at 25

Erik Lira #6 of Mexico passes the ball against...

Meta Data Centre in Alberta to Start up Ahead of Adjacent Greenlight Power Plant

The facility, shown in this rendered image, will be...

John Carpay: Politicians Shouldnt Try to Criminalize the Speech That They Hate

CommentaryHatred against Muslims is a terrible thing. So is...

Trump Threatens to Strike Iran After Calls for His Killing at Khameneis Funeral

President Donald Trump speaks at a press conference during...