CM and BNS falling amid selloff: Time to buy and hold TSX bank stocks?

Highlights National Bank of Canada (TSX: NA) reported net profit growth of 11 per cent in Q2 FY2022 compared to Q2 2021. It also expanded its dividend by six per cent, scheduled for August 1. The C$ 32-billion market cap company reported a net...

Highlights Royal Bank of Canada (TSX: RY), Toronto-Dominion Bank (TSX: TD) and Canadian Imperial Bank of Commerce (TSX: CM) have released their Q2 2022 results. Royal Bank of Canada said that its net earnings jumped six per cent in Q2 FY2022 co...

Highlights Bank of Nova Scotia (TSX: BNS) and Bank of Montreal (TSX: BMO) posted their Q2 FY2022 results on May 25. Bank of Nova Scotia reported total revenue of C$ 7.94 billion in the latest quarter compared to C$ 7.73 billion a year ago BMO ...

Hive Blockchain Technologies Ltd (TSXV: HIVE) has been trending on the stock markets as the crypto miner announced its 5-to-1 share consolidation goes into effect on Tuesday, May 24, proposed earlier this month on May 10. Hive Blockchain believes ...

The Global Consumer Confidence Index tumbled to 47.6 points in May 2022, according to the Ipsos survey results dated May 19, 2022. This index is calculated by finding the average of all the national indexes of the countries involved in the survey. ...

Canada saw inflation rise higher in April, with consumer prices surging by 6.8 per cent year-over-year, Statistics Canada reported on Wednesday, May 18. Some TSX financial stocks like Manulife Financial (TSX: MFC), CI Financial (TSX: CIX) and Sun L...

On Monday, May 9, the TSX Composite Index fell 3.07 per cent to under 20,000 points. The benchmark index is now about six per cent in the red year-to-date (YTD) and about nine per cent down quarter-to-date. Considering its all-time high of 22,213....

The cryptocurrency market has crashed significantly, and prices of almost all the cryptocurrencies were in the red on Tuesday, May 10. The world's oldest cryptocurrency, Bitcoin, slumped below US$ 30,000 for the first time since July 2021 on Tuesda...

Highlights The US central bank said it hiked the benchmark rate by 0.5 per cent, the most significant hike in more than two decades. The stock of Manulife Financial Corporation is volume active, and 11.2 million MFC shares were traded during th...

market cap World over, indices seem to be going through a very bearish phase. The S&P 500 is down 13 per cent year-to-date (YTD). The Dow is down dearly 10 per cent. In comparison, the TSX Composite Index has weathered this year much bette...