Financial
Explore these stocks as the TSX Capped Financial Index rises
July 20, 2023 07:03 AM EDT| By Akanksha VashishtSummary,The S&P/TSX Capped Financial Index rose 0.74% and the S&P/TSX Composite Index rose by 114 basis points on July 19, 2023.,Timbercreek Financial, a commercial real estate lender in the non-banking segment, has a P/E ratio of 10.40x based on Wed...
CWB & VBNK: 2 stocks to examine as S&P/TSX Banks Index rises
July 18, 2023 05:41 AM EDT| By Akanksha VashishtSummary,S&P/TSX banking sector index increased by 20 basis points on July 17, 2023.,Canadian Western Bank generated a total revenue of CA$264.41 million in the April 2023 quarter and has a P/E ratio of 7.99x based on its closing price of CA$26.88 on...
Trading Frenzy: The Busiest Financial Stocks on the Toronto Stock Exchange
July 04, 2023 05:53 AM EDT| By Team Kalkine MediaThe Toronto Stock Exchange (TSX) is known for its vibrant and active trading environment, attracting investors and traders from around the world. Within the TSX, the financial sector plays a pivotal role, with several stocks experiencing high trading...
EQB & X: How have these banking stocks fared?
June 30, 2023 09:39 AM EDT| By Akanksha VashishtSummary,The Canadian central bank is expected to increase its trendsetting rate is which could potentially benefit the banking sector.,EQB Inc provides residential and commercial real estate lending services and has a P/E ratio of 12.50x based on Thu...
What to expect as the Central Bank leans towards another rate hike in July
June 26, 2023 08:06 AM EDT| By Akanksha VashishtSummary,Bank of Canada announced a 25 basis point rate hike in early June, taking the trendsetting rate to a 15-year high of 4.75%.,A similar rate hike is anticipated in July as per the central bank of Canada.,Home Capital Group and Clairvest Group a...
GWO & IAG: Two insurance stocks to watch in June
May 31, 2023 08:44 AM EDT| By Akanksha VashishtSummary,Insurance companies are a cog in the wheel for the financial sector as they generally have steady profits and low debt levels.,Great-Life, one of the largest insurance companies in Canada, reported net earnings of CA$ 627 million for Q1 2023....
Money Talks: Unveiling the Potential of TSX Financial Stocks
May 17, 2023 04:47 PM EDT| By Team Kalkine MediaWhen it comes to investing, the financial sector offers a wealth of opportunities for those seeking to grow their wealth. The Toronto Stock Exchange (TSX) is home to a diverse range of financial stocks that can be a lucrative addition to any investme...
RY & BNS: Are these bank stocks worth watching in this quarter?
April 18, 2023 06:47 AM EDT| By Raza NaqviThe S&P/TSX Capped Financial Index surged by 1.75 per cent month-to-date (MTD); on April 17, the index had jumped by 0.5 per cent.
Should RRSP investors explore these financial stocks?
March 27, 2023 06:44 AM EDT| By Raza NaqviThe RRSP encourages citizens to save money for retirement and is one of Canada's most well-liked registered accounts.
Should you watch these TSX banking stocks in the second quarter?
March 21, 2023 03:58 AM EDT| By Raza NaqviOne should do proper research before investing in any stock.
Are these TSX financial stocks worth watching in 2023?
February 22, 2023 05:25 AM EST| By Team Kalkine MediaFinancial stocks are companies that offer their customers services like investment banking, consumer banking, lending, insurance, or credit cards. The financial sector includes service providers, banks, brokerages, fintech startups, and insurance fir...
3 typical TFSA mistakes Canadians should avoid
January 06, 2023 07:43 AM EST| By TamnnaAs the name suggests, the Canadian federal government created a registered savings plan known as a Tax-Free Savings Account (TFSA) in 2009. With a TFSA, owners can accumulate a set amount of cash each year without having to pay taxes on the earnings,...
TD vs RY: Which stock to watch in 2023?
January 04, 2023 09:12 AM EST| By Mridul GogoiInvestors are currently facing the dilemma of picking stocks based on past performances. The market upheavals have caused uncertainties in the equity market.
Kalkine Media lists two TSX financial stocks to watch for RRSP
December 14, 2022 04:00 AM EST| By Mridul GogoiExploring two US stocks for RRSP. They are BNS, TD.
3 TSX financial stocks to watch after latest BoC rate hike
December 08, 2022 06:52 AM EST| By Mridul GogoiAs an investor, these are trying times with market volatility and a bearish trend since the start of 2022.
Kalkine Media explores 5 TSX financial stocks to watch in December
December 05, 2022 07:20 AM EST| By Team Kalkine MediaCanada’s financial sector contributes a significant amount to the overall stock market. Currently, inflation is slowing down and leading to several changes in the market.
TD vs RY: Which stock to watch in December?
December 03, 2022 06:39 AM EST| By Team Kalkine MediaThrough its numerous operations, the banking sector plays a crucial role in the Canadian economy. Some stocks in the sector may show growth prospects in the long run, while others may take a different route. While investing, make sure to stay vigilan...
Kalkine Media lists two insurance stocks to watch before 2022 ends
November 26, 2022 05:35 AM EST| By Team Kalkine MediaThe current interest rate hikes have led to an increase in the insurance sector’s profitability. Hence, there is also an increase in other financial parameters of companies such as P/E ratios, margins, etc.
5 TSX financial stocks to watch amid rising mortgage costs
November 17, 2022 05:23 AM EST| By Team Kalkine MediaAccording to Statistics Canada, the cost of mortgage interest in the country climbed in October by the most in more than three decades.
TSX financial stocks to explore as sector rises around 4% QTD
November 08, 2022 02:33 AM EST| By Team Kalkine MediaPresently, the financial sector accounts for 30.85 per cent of the total composite index. The financial sector companies are also going through a lot of fluctuations.